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    Home > Chemicals Industry > International Chemical > The UAE plans to capture 25% of the global low-carbon hydrogen market

    The UAE plans to capture 25% of the global low-carbon hydrogen market

    • Last Update: 2022-09-14
    • Source: Internet
    • Author: User
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    According to Dubai on September 5, 2022, the UAE aims to occupy 25% of the global low-carbon hydrogen market, and the value of the global low-carbon hydrogen market is expected to reach more than


    The Green Hydrogen Project, implemented by dubai's Electricity and Water Authority (Dewa) in partnership with Expo 2020 Dubai and Siemens Energy at the Mohammed Bin Rashid Al Maktoum Solar Park, is a key project


    For the first time in the Middle East and North Africa region, the project to produce hydrogen from solar energy was implemented, contributing to the realization of


    renewable energy

    Renewable energy Renewable energy

    The production of green hydrogen is mainly achieved


    In addition, Dubai provides a clear and stimulating regulatory and legislative framework to encourage the private sector, global investors and developers to participate in clean and renewable energy projects


    Through this model, Dewa has attracted around AED 40 billion ($11 billion) in investment, which has encouraged value-added partnerships


    Innovative technology

    Innovative technology Innovative technology

    At the same time, innovative technologies for the production of green hydrogen using clean and renewable sources are developing rapidly and steadily, with studies showing that green hydrogen production will grow at a rate of 57% per year and reach 5.


    Experts stressed that Dubai's abundant solar resources and strong banking processing system, coupled with advanced infrastructure and major projects such as solar parks, synthetic ammonia production plants, aluminum and steel plants, Dubai attracts the best experts and talents from all over the world, helping to make the UAE and Dubai a global energy leader


    Saeed Mohammed Al Tayer, CEO of Dewa, said: "Green hydrogen is one


    Dubai Clean Energy Strategy 2050

    Dubai Clean Energy Strategy 2050 Dubai Clean Energy Strategy 2050

    In order to achieve Dubai's Clean Energy Strategy 2050 and Dubai's 2050 Net Zero Carbon Strategy, clean energy will provide 100% of Dubai's total power generation capacity


    "The Green Hydrogen project is in line with Dubai's commitment to sustainability and support


    "This includes green hydrogen, which some have dubbed the 'fuel of the future,' which will play an important


    Green Transport Department

    Green Traffic DepartmentGreen Traffic Department

    Waled bin Salman, executive vice president of business development at Dewa, noted that Dewa has invited globally renowned consultancies to submit their offers to develop an ambitious strategy


    Its goal is to develop a green transport sector, reduce carbon emissions in various industries, and produce electricity and heat, produce water and other applications


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