Entities partner on green steel from green hydrogen scheme
TAQA and Emirates Steel discuss the establishment of a new expandable green hydrogen facility to enhance clean steel production
Abu Dhabi National Energy Company PJSC (“TAQA”), has announced a partnership with Emirates Steel to develop a large-scale green hydrogen project enabling the first green steel produced in the MENA region.
A Memorandum of Understanding (MoU) was signed by Jasim Husain Thabet, TAQA Group CEO and Managing Director, and Engineer Saeed Ghumran Al Remeithi, CEO of Emirates Steel.
Under the agreement, TAQA and Emirates Steel will consider utilising green hydrogen to optimize clean steel production level. The hydrogen will enable green and low carbon steel manufacturing, saving energy while creating a sustainable and clean manufacturing process.
The MoU also lays the groundwork for the project design to be expanded to meet the anticipated growth in international demand for low carbon steel. This is 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 recognided 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,” said Jasim Husain Thabet, TAQA’s Group Chief Executive Officer and Managing Director.
“Finding commercially viable industrial-scale solutions like this is key to unlocking the potential of green hydrogen as an emerging clean energy source. TAQA is uniquely well-placed in this region to combine our world-leading solar PV, water and energy know-how to unlock opportunities that work for our stakeholders.”
Eng Saee.d Ghumran Al Remeithi, CEO of Emirates Steel said that this was a new chapter in the company’s journey towards placing sustainability at the core of its operations.