Abu Dhabi National Energy Company (TAQA), one of the region’s largest integrated firms, has partnered with Emirates Steel, the leading integrated steel plant in the Middle East, to develop a large-scale green hydrogen project enabling the first green steel produced in the Middle East and North Africa (MENA) region.
Mr. Jasim Husain Thabet, TAQA’s Group CEO and Managing Director, and Eng. Saeed Ghumran Al Remeithi, CEO of Emirates Steel has signed a Memorandum of Understanding (MoU).
Under the deal, TAQA and Emirates Steel will use green hydrogen to optimize clean steel production levels. The hydrogen will help in manufacturing green and low carbon steel and save energy while creating a sustainable and clean production process.
The agreement lays the groundwork for the project design to be expanded to meet the anticipated growth in international demand for low carbon steel. The deal proposes one of the innovative solutions aiming to reduce the carbon footprint of construction, transportation and industrial sectors, among others.
“TAQA is setting out to become a recognized champion of low carbon power and water, and this partnership with Emirates Steel leverages our combined expertise to lower the overall cost of production as well as reducing carbon emissions. Finding commercially viable industrial-scale solutions like this is key to unlocking the potential of green hydrogen as an emerging clean energy source.”
“The production of green steel through a sustainable and clean manufacturing process based on green hydrogen supports Emirates Steel’s efforts to preserve the environment and its natural resources. Emirates Steel is a member of the world steel Climate Action Program, highlighting that the company is the first steel manufacturer in the region and one of the first 50 companies in the world to be verified for LEED documentation,” Mr. Al Remeithi commented.
Recently, TAQA and Abu Dhabi Ports announced an MoU for the development of an industrial scale green ammonia manufacturing and export facility. The new plant would be fuelled by hydrogen produced from power generated by a 2 GW solar PV power plant.
Green hydrogen will form a valuable part of TAQA’s 2030 strategy for growth, which includes growing its gross power capacity from 18 GW to 30 GW in the UAE and adding up to 15 GW internationally. This increase in capacity will focus on renewable energy, particularly solar PV, to comprise over 30 percent of its generation portfolio by 2030.