AD Ports Group and Masdar to explore the development of a Green Hydrogen Hub within KEZAD

  • Date: 13-Dec-2023
  • Source: Tahawultech
  • Sector:Oil & Gas
  • Country:UAE
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AD Ports Group and Masdar to explore the development of a Green Hydrogen Hub within KEZAD

This hydrogen production hub could include export terminals of green products to overseas ports, which would attract more investments into the green hydrogen value chain in Abu Dhabi.

The post AD Ports Group and Masdar to explore the development of a Green Hydrogen Hub within KEZAD appeared first on TahawulTech.com.

AD Ports Group, a leading facilitator of global trade, logistics, and industry, and Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, have announced the signing of a Memorandum of Understanding (MoU) on the side-lines of the UN Climate Change Conference, COP28, in Dubai.

Under the terms of the MoU, AD Ports Group and Masdar will jointly explore the development of a green hydrogen production hub within the Khalifa Economic Zones Abu Dhabi (KEZAD) that will serve both domestic and export markets, part of the UAE’s National Hydrogen Strategy that aims to scale up local hydrogen production to 1.4 million tons per annum by 2031, and 15 million tons per annum by 2050.  In support of this strategy, Masdar is targeting an annual global green hydrogen production capacity of up to 1 million tons by 2030 and has signed and executed several global collaboration agreements to meet this goal.

Hydrogen could