Masdar, a clean energy company, Port of Amsterdam, SkyNRG, Evos Amsterdam and Zenith Energy Terminals have signed a memorandum of understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets.
Under this MoU, the parties will join their efforts to develop a green hydrogen supply chain, focusing on production in Abu Dhabi and export to the Netherlands through the port of Amsterdam.
The exported green hydrogen will be delivered to key European sectors – sustainable aviation fuel (SAF), steelmaking, and bunkering for shipping – and will also be supplied to new, emerging European offtakers, via pipeline, truck and barge.
Together, the parties will explore several hydrogen transportation methods, with a focus on liquid organic hydrogen carriers and liquid hydrogen.
This agreement builds upon the existing relationship between the UAE and the Netherlands and demonstrates our mutual commitment to exploring low- and zero-carbon energy solutions
said Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology.
Last December, Masdar announced its new shareholding structure and green hydrogen business unit, with a goal of achieving 100 GW renewable energy capacity and green hydrogen production of 1 million tonnes per annum annually by 2030.
What is more, Wopke Hoekstra, Minister of Foreign Affairs for the Netherlands, noted that “the Netherlands is keen on developing green hydrogen corridors with major future exporting countries like the UAE.”