Under the Memorandum of Understanding (MoU) the parties plan to focus on developing green hydrogen production in Abu Dhabi and export to the Netherlands through the Port of Amsterdam.
H2 View understands the companies intend to explore several hydrogen transportation methods, with key focuses on liquid organic hydrogen carriers (LOHC) and liquid hydrogen.
The exported green hydrogen is planned to be delivered to key European sectors including sustainable aviation fuel (SAF), steelmaking, and bunkering for shipping, in addition to plans to supply to emerging European offtakers via pipelines, trucks, and barges.
It comes after Evos, Hydrogenious LOHC Technologies and the Port of Amsterdam signed an agreement to develop large-scale hydrogen import facilities at the European port.
“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,” said Koen Overtoom, CEO of Port of Amsterdam. “Joining forces with a party as renowned as Masdar, will bring this goal that much closer to realisation.”
In December (2022), Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company, and Abu Dhabi National Oil Company (ADNOC), took up stakes in Masdar to progress renewable energy and green hydrogen projects.
Mohammed Jameel Al Ramahi, Chief Executive Officer of Masdar, said, “Masdar believes green hydrogen to be a promising energy source for hard-to-abate sectors in support of global decarbonisation, 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 decarbonisation and sustainable economic growth.”