The UAE and Japan have signed a cooperation agreement to jointly explore opportunities in the field of hydrogen development.
Under the deal, the UAE is expected to intensify its hydrogen investment opportunities in addition to promote work on developing technologies that help reduce costs for both blue and green hydrogen production.
This is part of the UAE’s plan to reduce its carbon dioxide output by 70% in addition to raising individual and institutional consumption efficiency by 2050.
Suhail Al Mazourei, Minister of Energy and Infrastructure, said, “The agreement aims to open broad prospects for growth and development as part of the two countries’ efforts to diversify the energy mix, relying on clean energy, building more partnerships, and strengthening cooperation.
“This agreement pursues cooperation as well to exchange information related to hydrogen production, building the supply chain and transport to Japan, and exchanging information to develop regulations and policies.”
It is expected that this agreement will expand the joint areas of collaboration and enhance investment in the hydrogen sector, supporting the ambition to accelerate the energy transition towards a low carbon future.