The UAE has developed a strategic plan to produce green hydrogen based on renewable energy projects, as part of its plan to acquire a future fuel export market share.
In this context, Brooge Energy and Siemens Energy signed a memorandum of understanding to develop a green hydrogen and ammonia project based on solar energy.
The UAE plans to be a global centre for green hydrogen production and export, with plans to acquire 25% of the international market, amid expectations that the value of global green hydrogen production by 2030 will exceed $1 trillion, according to data seen by the specialized energy platform.
The project supports the National Hydrogen Strategy, which aims to achieve the UAE’s goals to become among the top 10 hydrogen-producing and exporting countries by 2031, the objectives of the National Energy Strategy 2050, and the Carbon Neutrality Strategic Initiative 2050.
