I read some articles about their goals in 2030, like the Der Spiegel article about Energy, and damn, I got impressed with how much they are becoming like Norway in terms of using their natural resource to build other sectors in the country, escaping the rentier state dilemma.
They are already becoming a leader country for Renewable energy, yes you heard it, like solar energy, they have the biggest solar farm in the World. Not just that, they are focusing on new green-neutral sources like Hydrogen " H2 " and expected to be producing 25% of hydrogen.
So what is the deal with Hydrogen?
Hydrogen that is produced by Solar energy could replace Natural gas in the near future, and big consumer like EU, and other state, will buy them, and UAE is preparing for that by investing in it.
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German companies like Siemens Energy have already established partnerships in the country, which has plenty of sun and space. Almheiri says her country is home to the world's largest solar farms. A kilowatt hour of energy costs 1.34 cents. That's a world record, she says, and a testament to the technological expertise that has emerged in her country. With that price, the production of hydrogen, the driving force of the carbon-neutral economy, has become profitable. The aim now, she says, is to produce it on a commercial scale. "That's not easy, but it is doable," she says.
Almheiri and her government are registering very precisely how the representatives of industrialized countries – who are normally fond of talking about the fight against climate change – are knocking on their door in the face of the Ukraine war. "It's always about wanting us to increase production of oil and gas," she says. The German oil and natural gas producer Wintershall, for example, is expanding production at the giant Ghasha gas field, creating 10 artificial islands for this purpose. The state-owned oil and gas company ADNOC is planning to invest $132 billion in exploration.
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They are already becoming a leader country for Renewable energy, yes you heard it, like solar energy, they have the biggest solar farm in the World. Not just that, they are focusing on new green-neutral sources like Hydrogen " H2 " and expected to be producing 25% of hydrogen.
So what is the deal with Hydrogen?
Hydrogen that is produced by Solar energy could replace Natural gas in the near future, and big consumer like EU, and other state, will buy them, and UAE is preparing for that by investing in it.
"
German companies like Siemens Energy have already established partnerships in the country, which has plenty of sun and space. Almheiri says her country is home to the world's largest solar farms. A kilowatt hour of energy costs 1.34 cents. That's a world record, she says, and a testament to the technological expertise that has emerged in her country. With that price, the production of hydrogen, the driving force of the carbon-neutral economy, has become profitable. The aim now, she says, is to produce it on a commercial scale. "That's not easy, but it is doable," she says.
Almheiri and her government are registering very precisely how the representatives of industrialized countries – who are normally fond of talking about the fight against climate change – are knocking on their door in the face of the Ukraine war. "It's always about wanting us to increase production of oil and gas," she says. The German oil and natural gas producer Wintershall, for example, is expanding production at the giant Ghasha gas field, creating 10 artificial islands for this purpose. The state-owned oil and gas company ADNOC is planning to invest $132 billion in exploration.
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