Masdar to develop green hydrogen supply chain in Europe
Masdar has signed a memorandum of understanding (MoU) with four Dutch companies – Port of Amsterdam, SkyNRG, Evos Amsterdam, and Zenith Energy Terminals – related to the development of green hydrogen supply chain in Europe, through Amsterdam, The Netherlands.
Green hydrogen could be used for sustainable aviation fuel, steelmaking, shipping, and wider offtake opportunities.
Masdar, also known as the Abu Dhabi Future Energy Company, is a UAE-government owned renewable energy company based in Abu Dhabi, United Arab Emirates. Masdar is a subsidiary of Mubadala Development Company and was founded by the UAE government in 2006.
Under this MoU, the parties will join their efforts to develop a green hydrogen supply chain, focusing on production in Abu Dhabi and export to the Netherlands through the port of Amsterdam. The exported green hydrogen will be delivered to key European sectors—sustainable aviation fuel (SAF), steelmaking, and bunkering for shipping—and will also be supplied to new, emerging European offtakers, via pipeline, truck and barge. Together, the parties will explore several hydrogen transportation methods, with a focus on liquid organic hydrogen carriers and liquid hydrogen.
Port of Amsterdam, the operator of Europe’s fourth-largest port, is committed to scaling up green hydrogen capabilities and is working closely with commercial parties active in its port on green hydrogen development. SkyNRG, a global leader in SAF, is developing a network of SAF production facilities that require green hydrogen as input. Zenith Energy Terminals and Evos Amsterdam are the operators of some of the most prominent blending and storage terminals in the port, with Zenith developing a liquid hydrogen supply chain, while Evos Amsterdam is working on a liquid organic hydrogen carrier supply chain.
The MoU was signed by Mohamed Jameel Al Ramahi, chief executive officer of Masdar, Gert-Jan Nieuwenhuizen, managing director of Port of Amsterdam International, Maarten van Dijk, chief development officer of SkyNRG, Bart van der Meer, business development manager, Evos, and Ellen Ruhotas, managing director, New Energies, for Zenith Energy Terminals.
The agreement was signed in the presence of UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, Sultan Ahmed Al Jaber, and Minister of Foreign Affairs for the Netherlands, Wopke Hoekstra.
“This agreement builds upon the existing relationship between the UAE and the Netherlands and demonstrates our mutual commitment to exploring low- and zero-carbon energy solutions. The UAE aims to play a central role in the emerging green hydrogen economy and this partnership with the Port of Amsterdam and associated players in the green hydrogen space would help position Abu Dhabi as a key hub for green hydrogen development, said Al Jaber.
“The Netherlands is keen on developing green hydrogen corridors with major future exporting countries like the UAE. Our country is well positioned to become a hydrogen hub for the Northwestern European market. I welcome the collaboration between Dutch and UAE businesses in the field of hydrogn and look forward to further intensifying the cooperation between our two countries, said Hoekstra.