The UAE and parts of the Middle East are well positioned to tap into opportunities offered by hydrogen, an alternative clean fuel that could help the world transition to more sustainable sources of energy, experts say.
“In the region, we have access to competitive natural gas that may allow us to produce grey hydrogen, we have access to carbon capture and storage and that may allow us to produce competitive blue hydrogen,” Sergio Lopez, energy policy specialist at Abu Dhabi Department of Energy, said during a panel discussion at Abu Dhabi Sustainability Week on Tuesday.
The availability of renewable sources of power will help the countries in the region to produce green hydrogen and nuclear energy will help in producing pink hydrogen, he said.
“The region will benefit from investing in hydrogen not only from the economic point of view but also from the environmental point of view.”
Current annual hydrogen sales represent a market value of about $174 billion, which already exceeds the value of annual trade in liquefied natural gas, and this could grow to $600bn by 2050, the International Renewable Energy Agency said in a recent report.
The UAE is drawing up a comprehensive road map to position itself as an exporter of clean fuel and tap into its future potential.
The Gulf country aims to capture about 25 per cent of the global hydrogen market share and is in discussions with many countries to export it, said UAE Minister of Energy and Infrastructure Suhail Al Mazrouei.
“The UAE is very strategically geographically positioned in between Asia and Europe and has strong commercial relations with potential hydrogen consumers such as Japan, South Korea and China”, which will allow it to boost exports, Mr Lopez said.
One of the first Arab countries to declare a net-zero target, the UAE is developing numerous clean energy projects as it aims to become carbon neutral by 2050. It is currently constructing Barakah Nuclear Energy Plant, the Arab world’s first multi-unit operating nuclear energy plant.
The UAE is also building renewable energy projects to boost the supply of clean energy in the country, including the world’s largest solar plant in Al Dhafra region of Abu Dhabi. Saudi Arabia and other countries in the region are also developing new renewable energy projects.
Sustainability in the UAE - in pictures:
KEY%20DATES%20IN%20AMAZON'S%20HISTORY
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WORLD CUP SEMI-FINALS
England v New Zealand
(Saturday, 12pm UAE)
Wales v South Africa
(Sunday, 12pm, UAE)
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
COMPANY PROFILE
Name: Mamo
Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua
Based: Dubai, UAE
Number of employees: 28
Sector: Financial services
Investment: $9.5m
Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors.
Russia's Muslim Heartlands
Dominic Rubin, Oxford
Avatar%20(2009)
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EJames%20Cameron%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ESam%20Worthington%2C%20Zoe%20Saldana%2C%20Sigourney%20Weaver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Indoor cricket in a nutshell
Indoor Cricket World Cup – Sep 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full