By 2031, the United Arab Emirates will create 1.4 million tons of hydrogen, and by 2050, that number will rise to 15 million tons. According to the minister, the majority of this hydrogen will be green and low-carbon.
The UAE plans to create multiple "hydrogen oases" and a national research and development center for hydrogen uses in order to meet the stated objective. The project would raise the proportion of clean energy in the UAE's energy mix to 38% by 2035, and to 100% by 2050, according to Al Mazroui. "This strategy serves as a crucial tool to help the UAE meet its commitment to achieve zero emissions by 2050 and accelerate the development of the global hydrogen economy," the minister emphasized.
In order to maintain sustained economic development in the face of increased energy demand, Al Mazroui stated that the UAE will invest between Dh150 billion and Dh200 billion ($40.84 billion to $54.5 billion) in the energy sector over the next seven years.
source: reuters.com
The UAE plans to create multiple "hydrogen oases" and a national research and development center for hydrogen uses in order to meet the stated objective. The project would raise the proportion of clean energy in the UAE's energy mix to 38% by 2035, and to 100% by 2050, according to Al Mazroui. "This strategy serves as a crucial tool to help the UAE meet its commitment to achieve zero emissions by 2050 and accelerate the development of the global hydrogen economy," the minister emphasized.
In order to maintain sustained economic development in the face of increased energy demand, Al Mazroui stated that the UAE will invest between Dh150 billion and Dh200 billion ($40.84 billion to $54.5 billion) in the energy sector over the next seven years.
source: reuters.com
