Page 15 - MEOG Week 15 2021
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MEOG                                       NEWS IN BRIEF                                              MEOG







       HYDROGEN & TRANSITION               producing UAE and energy-importer Japan,   The two countries will also cooperate to
                                           reflects mounting enthusiasm for investment   boost hydrogen demand in the UAE.
       Japan, UAE to collaborate           in hydrogen, which offers potential to help   gas or coal production, has long been used
                                                                                  Hydrogen, mostly extracted from natural
                                           fight climate change.
       on hydrogen technology,             to boost its annual hydrogen demand to 3mn   in applications ranging from rocket fuel to
                                              Japan’s government set a goal in December
                                                                                making fertilisers.
       supply chain                        tonnes by 2030, from about 2mn tonnes   change, the goal is to shift to emissions-free
                                                                                  But as governments seek to address climate
                                           now, and to 20mn tonnes by 2050, as part
       Japan and the United Arab Emirates on   of a green growth strategy to reach net zero   green hydrogen produced using renewable
       Thursday agreed to work together on   carbon emissions by 2050.          power and to broaden its use to include
       technology to produce hydrogen and create   The aim of Thursday’s agreement is that   replacing fossil fuel energy in industrial
       an international supply chain, Japan’s industry   Japan should be able to import hydrogen   processes and using it as transport fuel. But
       ministry said.                      produced in the UAE, which may be produced  there are still many hurdles involving cost and
         The collaboration, marked by a    from fossil fuel but whose emissions are   infrastructure.
       memorandum of cooperation between the oil-  captured and used in industry.  REUTERS





































































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