In Emirates, a plant to produce hydrogen from waste

Plan for new fuel in order to remain world leader

01 June, 12:05

    (ANSAmed) - NAPLES, 01 GIU - The first plant to produce hydrogen from waste, in particular from waste biomass, will be built in the United Arab Emirates by Sharjah waste management company Bee'ah, together with the English company Chinook Sciences, said Emirati daily The National.

    The project is part of a 180-million-dollar undertaking by the two companies to turn waste into energy, and will cater to growing demand for a green version of hydrogen in the region. It includes a plant for generating green hydrogen, as well as a service station for hydrogen refueling.

    Oil-producing countries are looking at hydrogen as a way to maintain their current position as leaders in the sector into the future.

    Worldwide, the hydrogen industry is expected to hit 183 billion dollars by 2023, up from 129 billion in 2017.

    The French investment bank Natixis estimates that hydrogen investments will exceed 300 billion dollars by 2030.

    Investments will also bring a lowering in price that is estimated to be lower than that of natural gas by the year 2050.

    "Green hydrogen will be a vital pillar of our future energy landscape and Bee'ah has been looking into this market for some time now with Chinook, in alignment with our long-term strategy," said Bee'ah Chairman Salim Bin Mohammed Al Owais.

    (ANSAmed).

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