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The UAE is a global player in the hydrogen market

The UAE has made tremendous achievements that enabled it to be among the world’s largest in the green hydrogen market, and the low-carbon hydrogen (green hydrogen) industry dominated the discussions of the specialized sessions at the Abu Dhabi International Petroleum Exhibition and Conference “ADIPEC” last week, which allowed the participation of experts and officials from 160 countries shared their visions on the most important investments, strategies and innovations in the energy sector and the global hydrogen market, especially after the country announced a road map that paves the way for it to lead the sector and provide proactive solutions to the challenges of climate change.

A study issued by the Dubai Future Foundation, entitled “Hydrogen from Imagination to Reality”, in cooperation with the Ministry of Energy and Infrastructure, the Ministry of Climate Change and Environment and the Dubai Electricity and Water Authority, revealed the promising potential provided by hydrogen as a sustainable source for energy production, its most important current and future applications, and methods Its production, storage and use, in addition to its positive effects on preserving the environment and reducing the dangers of climate change, in light of the noticeable increase in demand for hydrogen in recent years. She pointed to the importance of the economic benefits of building a strong export market for locally produced hydrogen in the UAE by following the strategy of developing the “produced and concentrated” export sector, which can contribute about 32 billion dirhams annually to the GDP of the Emirate of Dubai by 2050, and provide more than 120,000 jobs in contracts. The next three, in addition to reducing carbon dioxide emissions, will equate to 84 days of annual crude oil production in the country by 2050.

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