Home Industry Energy Abu Dhabi’s ADNOC joins global Hydrogen Council The council is a coalition of companies from over 20 countries pioneering hydrogen solutions by Sarah Shaikh July 13, 2021 Abu Dhabi state oil firm ADNOC has joined over 100 companies from around the world in the global Hydrogen Council. The aim of the organisation, established in 2017, is to accelerate the global position of hydrogen through its member companies. Due to hydrogen’s vast potential – it is projected to account for 18 per cent of global energy demand by 2050 – the coalition includes some of the world’s largest companies in the energy and transportation sector. Dr Sultan Ahmed Al Jaber, managing director and group CEO of ADNOC said: “ADNOC is an early pioneer in the emerging market for hydrogen and its carrier fuels, such as blue ammonia, driving the UAE’s leadership in creating international hydrogen value chains and a local hydrogen eco-system.” ADNOC has been investing heavily in hydrogen, with the UAE as a whole aiming to become one of the “lowest-cost and largest producers of blue hydrogen in the world”. Earlier this year, the company along with Mubadala and ADQ signed an MoU to establish the Abu Dhabi Hydrogen Alliance. The alliance will work towards establishing Abu Dhabi as a main hub for low-carbon green and blue hydrogen in emerging international markets. It will also develop a roadmap to create hydrogen production sites in Abu Dhabi and the UAE. Read: Mubadala, ADNOC and ADQ form alliance to grow green hydrogen economy in the UAE The UAE has the infrastructure to support low-cost hydrocarbons, existing large-scale hydrogen and ammonia production facilities, and large carbon capture, utilisation and storage (CCUS) capacities, ADNOC said in a statement. CCUS is the use of advanced technology to prevent carbon dioxide from entering the atmosphere after it is expended as a by-product of industrial processes. In 2016, ADNOC and Masdar launched the Al Reyadah plant in Abu Dhabi, the world’s first fully commercial CO2 facility and the first CCUS facility in the Middle East. In June, Fertiglobe joined ADNOC as a partner to advance a massive blue ammonia production facility in Ruwais. The facility will have a capacity of up to one million tons per annum and will likely be operational by 2025. Read: Fertiglobe joins ADNOC’s blue ammonia facility in Abu Dhabi’s Ruwais Tags Abu Dhabi ADNOC energy Hydrogen Hydrogen Council 0 Comments You might also like AD Ports signs concession deal to operate Egypt’s Safaga terminal Oil jumps over 2% amid further Red Sea vessel attacks Strong cash flows for UAE stocks in Christmas Day trade Institutional investors were hungry for Dubai, Abu Dhabi Stocks in 2023