RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2021-06-09 12:35:00

UAE HYDROGEN DEVELOPMENT $122 BLN

UAE HYDROGEN DEVELOPMENT $122 BLN

U.S. ITAThe UAE is planning to develop a hydrogen industry ecosphere, and this may create new opportunities for U.S. companies.

A new “Hydrogen Alliance” was launched by the UAE Ministry of Energy and Infrastructure and three of Abu Dhabi’s largest government-backed companies (Mubadala Investment Company, Abu Dhabi National Oil Company, and ADQ) in January 2021 to produce blue and green hydrogen by using both natural gas and renewable energy, and to market it overseas as well as in the United Arab Emirates.

ADNOC is set to spend $122 billion over the next five years, partly to ramp up oil-production capacity to five million barrels a day by 2030 from nearly four million currently. This plan is also intended to make the UAE self-sufficient in gas and covers the development of hydrogen.

Opportunities:

  • Potential partnerships or opportunities with ADNOC, Mubadala and ADQ once a clear strategy has been set by this newly formed alliance;
  • Collaboration in the production of low-cost blue and green hydrogen in the UAE directly or by partnering with well-established U.S. corporations;
  • Development of end-use applications for clean hydrogen to create a demand for it and contribute to the UAE’s export of hydrogen; and
  • Development of security features for the handling of hydrogen.

-----


Earlier:

UAE HYDROGEN DEVELOPMENT $122 BLN
2021, May, 26, 12:55:00
UAE GREEN AMMONIA $1 BLN
The UAE is investing in various hydrogen projects as the Gulf state seeks to capitalize on the global appetite for green energy products as the energy transition trend gains momentum.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, May, 20, 13:45:00
UAE CUT EMISSIONS BY 70%
UAE bets on solar and green hydrogen to reduce its emissions.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, May, 18, 13:05:00
UAE HYDROGEN
Green hydrogen is produced from renewable energy, while blue hydrogen is derived from fossil fuels with carbon capture, utilization and storage.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, April, 9, 11:10:00
UAE HYDROGEN FOR JAPAN
Japan's Ministry of Economy, Trade and Industry on April 8 signed a memorandum of cooperation with the UAE's Ministry of Energy & Infrastructure to jointly consider developing an international hydrogen supply chain with an eye to supply the fuel to Japan.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, April, 8, 11:50:00
UAE NUCLEAR DECARBONISATION
A little more than a decade ago, the UAE made a firm commitment to become the first Arab nation to develop a peaceful nuclear energy programme.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, April, 6, 14:05:00
UAE, U.S. CLIMATE COMMITMENT
The United Arab Emirates and the US announced their joint commitment to tackle the climate challenge in a joint statement that stresses the importance and urgency of raising global climate ambition.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, April, 6, 13:50:00
UAE, IRAQ INVESTMENT $3 BLN
The UAE Sunday announced $3 billion investment in Iraq in a fresh bid to strengthen the economic and investment relations between the two fraternal nations.
All Publications »
Tags: UAE, HYDROGEN
Chronicle:
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, July, 9, 12:04:00
HYDROGEN RUSSIA AND CIS, Moscow, 20-21 October 2021
International Conference and Exhibition ‘Hydrogen Russia and CIS’ brings together more than 200 senior executives of hydrogen production plants from Russia and the CIS
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, July, 9, 12:00:00
ARGENTINA'S NUCLEAR SMR
Before work was suspended, it was in line to be the world’s first operating SMR. The government licensed it as a prototype in 2009.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, July, 9, 11:55:00
CHILE'S COAL GENERATION DOWN
In June 2021, the Chamber of Deputies of Chile has approved a bill that prohibits the installation and operation of coal-fired power plants.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, July, 8, 12:50:00
OIL PRICE: NEAR $73
Brent slipped by 23 cents, or 0.3%, to $73.20 a barrel, WTI were down 33 cents, or 0.5%, at $71.87 a barrel.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, July, 8, 12:45:00
OIL PRICES 2021-22: $72-$67
We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, July, 8, 12:40:00
EUROPE CLIMATE RULES
According to draft proposals seen by market sources, the CBAM will replace the current system of free carbon allowances for metals sectors, and tighten allowances in the European Emissions Trading System generally, a bone of contention for some.
UAE HYDROGEN DEVELOPMENT $122 BLN
2021, July, 8, 12:35:00
ASIA INDEXES DOWN ANEW
The Hang Seng index (.HSI) led losses with a 1.9% drop, its eighth consecutive session in the red, with more falls in internet giants Tencent (0700.HK), Meituan (3690.HK) and Alibaba (9988.HK) as the sector reels from sweeping Chinese regulatory scrutinty.
All Publications »