Abu Dhabi's national energy company, TAQA, has announced a partnership with Emirates Steel, the largest steelmaker in the UAE, to develop a large-scale project for the production of environmentally friendly steel using "green" hydrogen.
The MOU also sets the stage for expanding the project to meet the anticipated growth in international demand for low carbon green steel.
As noted by Jasim Hussein Tabet, CEO and Managing Director of TAQA Group, finding commercially viable industrial solutions like green steel is key to unlocking the potential of green hydrogen as a new source of clean energy.
Emirates Steel is a member of the Global Climate Change Action Program and its products comply with local and global building environmental assessment systems.
Green Hydrogen will be an important part of TAQA's growth strategy until 2030, which includes increasing its total capacity from 18 GW to 30 GW in the UAE and adding up to 15 GW internationally. This increase in capacity will focus on renewables, especially solar PV, which will account for over 30 percent of its generation portfolio by 2030.