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CAIRO, Oct 30 (Reuters) – The United Arab Emirates goals to extend the share of unpolluted power tasks to 50% of its total power combine by 2050, state information company WAM cited its power minister as saying on Sunday.
Suhail al-Mazrouei additionally mentioned the Gulf state would begin revising its power technique firstly of 2023 to align it with the purpose of attaining local weather neutrality by 2050. It was not instantly clear how the state would accomplish that purpose with fossil fuels nonetheless accounting for half of its power provide.
He added that the UAE aimed to succeed in a 25% share of the hydrogen export market and that Japan, South Korea and Germany could be high locations for it.
“Along with focusing on different markets in Europe and East Asia, we aspire to be on the forefront of countries’ clear hydrogen manufacturing with aggressive benefits for blue and inexperienced hydrogen, and to construct large-scale hydrogen and ammonia manufacturing amenities”, he mentioned.
The UAE launched its power technique plan for 2050 in 2017. The gulf nation hosts the Abu Dhabi Worldwide Petroleum Exhibition and Convention (ADIPEC) from Oct. 31 to Nov. 3.
Reporting by Maha El Dahan and Yasmin Hussein; modifying by John Stonestreet and Tomasz Janowski
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