UAE’s ENEC looking forward to becoming key player in hydrogen production: CEO
The Emirates Nuclear Energy Corporation (ENEC) said on Wednesday it was set to produce 85 percent of Abu Dhabi’s clean electricity by 2025.
For the latest headlines, follow our Google News channel online or via the app.
The Barakah nuclear power plant has the potential to create one million tonnes of hydrogen per year, Mohamed Ibrahim al-Hammadi, chief executive of ENEC, also said.
“This low carbon fuel is essential to transition to a net zero world,” he said at an energy conference.
The plant in Abu Dhabi, capital of the UAE, is the first nuclear power plant in the Arab world and is part of the Gulf oil producer’s efforts to diversify its energy mix.
Read more:
EIG-led investors in Aramco oil pipelines hire banks for dual-tranche bonds
UAE’s ADNOC to supply full crude volumes to Asian buyers in March: Sources
OPEC+ likely to stick to existing policy at Jan. 4 meeting: Sources
-
EIG-led investors in Aramco oil pipelines hire banks for dual-tranche bonds
A group of institutional investors that last year took a stake in Saudi Aramco's oil pipelines network has hired Citi and JPMorgan to help refinance a ... Energy -
UAE’s ADNOC to supply full crude volumes to Asian buyers in March: Sources
The Abu Dhabi National Oil Company (ADNOC) has informed some buyers in Asia that it will supply full contractual volumes of crude in March, steady ... Energy -
OPEC+ likely to stick to existing policy at Jan. 4 meeting: Sources
OPEC and its allies will probably stick to their existing policy of modest monthly increases in oil output at a meeting next week, four sources said, ... Energy