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Monday, 16 January 2023

Masdar partners with Dutch firms to explore hydrogen exports to Europe

The Netherlands is eyeing green hydrogen imports from the UAE: UAE-based renewables developer Masdar and the Netherlands signed agreements with the Port of Amsterdam, and Dutch firms SkyNRG, Evos Amsterdam, and Zenith Energy to explore the possibilities of green fuel exports to Europe, according to a company statement. The financial details of the agreements and when shipments are expected were not disclosed.

The details: The clean energy source would be produced in Abu Dhabi and then shipped to Holland with plans to supply interested Europe-based contractors with surpluses via trucks, pipeline, and barge transportation networks. The green hydrogen would be used in Dutch sustainable aviation, shipping, and steelmaking industries, the statement notes.

More in the pipeline for transportation: Masdar together with the Port of Amsterdam and the three Dutch firms will also jointly study the development of hydrogen transportation methods, prioritizing the exploration of liquefying hydrogen.

Masdar’s green hydrogen exports are expanding: The renewables company is partnering with Germany’s Uniper to develop a green hydrogen plant in the UAE powered by 1.3 GW of solar energy. The plant is expected to generate green hydrogen by 2026 and the EU wants to import the clean fuel the facility will generate. The location of the plant and the financials of the agreement have yet to be disclosed.

What they said: Masdar is “collaborating with a range of partners” in developing and investing in strategic green hydrogen projects, company representatives said in an emailed statement in response to Enterprise Climate’s request for comment.

And it’s part of a larger plan: The firm is aiming for a renewable energy capacity of at least 100 GW by 2030 with a production quota of up to 1 mn tons of green hydrogen. It ultimately plans to expand its renewable energy portfolio to over 200 GW, a company statement notes, without giving a time frame for this target.

Masdar isn’t the only Emirati company eyeing hydrogen exports: Adnoc sent its first low-carbon ammonia shipment to Europe in September to Hamburg-headquartered copper producer Aurubis in the first of several low-ammonia cargoes bound for Germany. Adnoc is developing a new low-carbon ammonia plant that will produce 1 mn tons per year, aiming to export 25% of the hydrogen it produces to global markets, according to a company statement.

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