Masdar, a leading clean energy company, signed an MoU with Port of Amsterdam, SkyNRG, Evos Amsterdam, and Zenith Energy to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets.

“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. The UAE aims to play a central role in the emerging green hydrogen economy and this partnership with the Port of Amsterdam and associated players in the green hydrogen space would help position Abu Dhabi as a key hub for green hydrogen development,” Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, said.

Under this MoU, they 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 bunkers for shipping, and will also be supplied to new, emerging European off-takers, via pipeline, truck, and barge.

Through this partnership, they will explore several hydrogen transportation methods, with a focus on liquid organic hydrogen carriers and liquid hydrogen.

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.

Last year, Masdar also signed agreements with Egypt to cooperate on the development of green hydrogen production plants in the country, targeting an electrolyzer capacity of 4 gigawatts by 2030, and output of up to 480,000 tonnes of green hydrogen per year.