UAE targets 25% of global hydrogen market
The UAE unveiled its "hydrogen leadership roadmap" at the COP26 climate conference in Glasgow, under which it will target a 25% share of the global hydrogen market, state news agency WAM reported on November 4.
The UAE's energy ministry noted that it already had more than seven hydrogen projects underway that will target key export markets including Japan, South Korea, Germany and India initially, "along with additional high-potential markets in Europe and East Asia."
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"The UAE is well positioned to be a leader in low carbon hydrogen with natural competitive advantages for both blue and green hydrogen," energy minister Suhail bin Mohammed Al Mazrouei said in a statement "However, green hydrogen production remains in its infancy, requiring an international collaboration to accelerate its development."
He added that green hydrogen would play a major role in UAE's domestic efforts to reach net-zero emissions by 2050.
To learn more about hydrogen plans taking shape in the Middle East, click here.