World Future Energy Summit is perfectly timed, especially as the GCC begins to diversify its energy mix and a regional charge on use of renewable energy sources. In the region, more countries have committed to building major infrastructure projects that significantly reduce reliance on fossil fuels, with green hydrogen generation projects emerging as the crown jewel of these efforts.
In Oman, plans are underway to build a $30bn plant that will be the world's largest green hydrogen production facility at its completion. The plant is expected to be at full capacity in 2038, powered by 25GW of wind and solar energy. Further north, Saudi Arabia's high-tech coastal city of Neom is the site to an equally proactive effort in the race for green hydrogen production, as Air Products and its partners work to deliver a $7bn renewable energy-powered green hydrogen-based ammonia production facility by 2025. Furthermore, the United States plans to investment an additional $550 billion in clean energy, with China having already issued green bonds with a value of $154.7 billion.
How the Emirates are Leading the Charge
In the UAE, Masdar aims to develop with its partners Siemens Energy and Marubeni a green hydrogen demonstrator plant at Masdar City.
Masdar's parent company Mubadala, alongside Abu Dhabi National Oil Company (ADNOC) and holding company ADQ, also agreed earlier this year to form a hydrogen alliance to produce green and blue variants of the fuel.
In Dubai, the first solar-driven green hydrogen production facility in the MENA region has already been inaugurated, with a total investment of $11 million.
The pilot project will produce 20.5kg/hour of hydrogen at 1.25MWe of peak power, in line with the Dubai Clean Energy Strategy 2050 and epitomising the public-private partnerships widely viewed in the industry as the most efficient way to move forward.
The Importance of the Energy Expo & Forum
As the centrepiece of World Future Energy Summit 2021, the Energy Expo will be vital in accelerating this already fast-paced industry. The Energy Expo will host some of biggest names in renewable energy, including Taqa, EDF, Engie and EWEC as exhibitors. The Solar & Clean Energy Forum will host industry leaders as speakers and panellists, including: Bruce Stedall, Asset Management Director, Transco; Dr Emmanouil Kakaras, Executive Vice President Next Energy Business at Mitsubishi Heavy Industries EMEA; Mothana Bahjeat Qteisha, Senior Managing Director, MEA & APAC, Jinko Solar amongst others.
Capitalising on this undeniable momentum is extremely important for bold, forward-thinking investors, and Grant Tuchten, Group Event Director for World Future Energy Summit, said the Energy Expo & Forum will be beneficial for anyone in attendance. “Renewable energy is the central focus of the exhibition” he remarked, “where government officials and decision makers are together with the engineers and scientists who are developing exciting new technologies to facilitate business discussions resulting in beneficial partnerships.
Mohamed AlNowais, Managing Director of AMEA Power, a key exhibitor at the World Future Energy Summit, added: “The future of energy is no longer an ambition: it is an urgent imperative. As a pure-play renewable power developer AMEA Power is working relentlessly on that imperative. As we look for all opportunities to speed up our green growth, we very much look forward to being at the 2022 World Future Energy Summit in Abu Dhabi – finally meeting in one place with many key stakeholders. WFES Abu Dhabi has been for years the venue of choice for top industry professionals, and we are exceptionally excited to be there in person again.”
On a similar note, Energy Systems CEO of DNV, Ditlev Engel, said: "The world needs to make this a decade of deep decarbonization, overcoming the urgent and complex challenge of transitioning to a clean-energy system. The scale and pace required is framed by the Paris Agreement – limiting global warming to well below 2ºC, striving towards a limit of 1.5ºC above pre-industrial temperatures by the end of the century – but to achieve that the right decisions have to be made today. Our 12,000 colleagues globally are prepared to help organizations in tackling the energy transition so we can all do our part to deliver. The World Future Energy Summit brings an opportunity to gather and keep moving forward the transformation.”
The World Future Energy Summit, organised by RX Middle East, will be held at the Abu Dhabi National Exhibition Centre (ADNEC), from 17 – 19 January 2022. The event is hosted by Masdar as part of Abu Dhabi Sustainability Week, and will comprise a series of high-profile events addressing current global challenges and the means with which the world can cooperate to build a sustainable future for everyone.
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About World Future Energy Summit
The annual World Future Energy Summit in Abu Dhabi is the world’s leading business event and exhibition for future energy, clean-tech and sustainability. Bringing together government and business leaders, with 840 brands represented and approximately 34,000 attendees from 125 countries, it showcases pioneering technologies and ground-breaking thinking in energy, energy efficiency, water, solar, waste, smart cities, climate and environment.
As a global hub for business, innovation and knowledge exchange at the heart of Abu Dhabi Sustainability Week. The World Future Energy Summit inspires the advancement and transfer of ideas, technology and investment across borders and between the public and private sectors worldwide, helping to stimulate sustainable growth for all stakeholders. For more information, please visit www.worldfutureenergysummit.com
About Abu Dhabi Sustainability Week
Abu Dhabi Sustainability Week (ADSW) is a global platform for accelerating the world’s sustainable development. The week brings together a unique fusion of policy makers, industry specialists, technology pioneers and the next generation of sustainability leaders. Through its initiatives and events, ADSW is a catalyst for sharing knowledge, implementing strategies and delivering solutions to drive human progress. ADSW is committed to furthering our understanding of the major social, economic and environmental trends shaping the world’s sustainable development. For more information, visit www.abudhabisustainabilityweek.com
Abu Dhabi’s renewable energy company Masdar is advancing the commercialization and deployment of renewable energy, sustainable urban development and clean technologies to address global sustainability challenges. Wholly owned by Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, our mandate is to help maintain the UAE’s leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations. Masdar’s renewable energy projects are located in the UAE, Jordan, Mauritania, Egypt, Morocco, the UK, Serbia and Spain. For more information about Masdar, please visit: www.masdar.ae. Stay connected: www.facebook.com/ masdar.ae and www.twitter.com/masdar
About RX Global
RX is in the business of building businesses for individuals, communities and organisations. We elevate the power of face-to-face events by combining data and digital products to help customers learn about markets, source products and complete transactions at over 400 events in 22 countries across 43 industry sectors.
RX is passionate about making a positive impact on society and is fully committed to creating an inclusive work environment for all our people. RX is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. www.rxglobal.com
RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX. The market capitalisation is approximately £33bn/€39bn/$47bn.*
*Note: Current market capitalisation can be found at http://www.relx.com/investors
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© Press Release 2021