UAE-based renewable energy-focused developer Masdar announced today that it will explore the development of an Abu Dhabi-to-Amsterdam green hydrogen supply chain, with an agreement signed with Dutch companies including port operator Port of Amsterdam, sustainable aviation fuel provider SkyNRG, and blending and storage terminal operators Evos Amsterdam and Zenith Energy.
Hydrogen is viewed as one of the key building blocks of the transition to a cleaner energy future, particularly for sectors with difficult to abate emissions, in which renewable energy solutions such as wind or solar are less practical.
Around 90 million metric tons of hydrogen are produced annually, although the vast majority is extracted using fossil fuels, which create pollutants and GHG emissions. The development of clean hydrogen capacity, such as green hydrogen, which uses renewable energy to power the process to extract hydrogen from other materials, will require massive investments in areas including infrastructure, electrolysis, and transport.
The new agreement will see the partners join efforts to focus on green hydrogen production in Abu Dhabi for export to the Netherlands through the port of Amsterdam, targeting delivery to sectors including sustainable aviation fuel (SAF), steelmaking, and bunkering for shipping, as well as to new, emerging European offtakers, via pipeline, truck and barge. Several hydrogen transportation methods will be explored, with a focus on liquid organic hydrogen carriers and liquid hydrogen.
Koen Overtoom, CEO, Port of Amsterdam, said:
“We are very pleased with this new collaboration. SkyNRG, Evos and Zenith Energy are driving forces behind the hydrogen developments in the port of Amsterdam and they are key in our goal of importing at least one million tonnes of green hydrogen annually. Joining forces with a party as renowned as Masdar, will bring this goal that much closer to realization. Together, we can bring the envisioned Abu Dhabi-Amsterdam connection to fruition.”
The agreement follows the launch by Masdar in December of a green hydrogen business unit. The company has a goal to achieve green hydrogen production of 1 million tonnes per year as well as 100 GW renewable energy capacity by 2030.
Masdar CEO Mohammed Jameel Al Ramahi said:
“Masdar believes green hydrogen to be a promising energy source for hard-to-abate sectors in support of global decarbonization, which is why we launched our dedicated green hydrogen business last month. We are pleased to partner with Port of Amsterdam, SkyNRG, Evos Amsterdam, and Zenith Energy to leverage our synergies in the fuel and logistics sectors to see how green hydrogen can help us achieve our shared goals for decarbonization and sustainable economic growth.”