Abu Dhabi National Energy Company PJSC (TAQA) announced a partnership with Emirates Steel to develop a large-scale green hydrogen project that will enable the region’s first green steel production.
Jasim Husain Thabet, CEO and Managing Director of TAQA Group, and Engineer Saeed Ghumran Al Remeithi, CEO of Emirates Steel, signed a Memorandum of Understanding (MoU). TAQA and Emirates Steel will examine deploying green hydrogen to optimize their clean steel production levels within the terms of the agreement. Hydrogen will enable green and low-carbon steel manufacture, reducing energy consumption and fostering a more sustainable and clean manufacturing process.
Additionally, the MoU lays the framework for expanding the project’s design to meet projected growth in international demand for low carbon steel. This is one of the innovative methods aimed at reducing the carbon footprint of several sectors, including construction, transportation, and industry.
Jasim Husain Thabet, TAQA’s Group Chief Executive Officer and Managing Director, commented: “TAQA is setting out to become a recognized champion of low carbon power and water, and this partnership with Emirates Steel leverages our combined expertise to lower the overall cost of production as well as reducing carbon emissions.
Finding commercially viable industrial-scale solutions like this is key to unlocking the potential of green hydrogen as an emerging clean energy source. TAQA is uniquely well-placed in this region to combine our world-leading solar PV, water and energy know-how to unlock opportunities that work for our stakeholders.”
Engineer Saeed Ghumran Al Remeithi, CEO of Emirates Steel, commented: “We are proud of our partnership with TAQA group to complete this vital project, through which we write a new chapter in our journey towards placing sustainability and industrial innovation at the core of our technical and operational activities. The production of green steel through a sustainable and clean manufacturing process based on green hydrogen supports Emirates Steel’s efforts to preserve the environment and its natural resources. This project will be added to our track record of sustainable achievements, including our carbon capturing project in partnership with the Al Reyadah Carbon Capture, Utilization & Storage Facility.”
“Emirates Steel is a member of the world steel Climate Action Program, highlighting that the company is the first steel manufacturer in the region and one of the first 50 companies in the world to be verified for LEED documentation. Moreover, Emirates Steel’s products conform with local and global green buildings rating systems.”