Home » Green Hydrogen Summit explores development of global green hydrogen economy

Green Hydrogen Summit explores development of global green hydrogen economy

by Madaline Dunn

The Green Hydrogen Summit, held as part of the World Future Energy Summit (WFES) and hosted by Abu Dhabi Future Energy Company PJSC – Masdar, concluded this week, having focused on accelerating the development of the global green hydrogen economy and supporting the energy transition.

Held under the theme, Building the Hydrogen Economy: From Dialogue to Reality, the summit saw key hydrogen players engaging in discussions on various topics, ranging from the role of hydrogen in the UAE, Europe, the US and Asia, its potential for industries such as steel and transportation and how to make projects more bankable.

The summit featured ministerial speakers from the UAE, Azerbaijan, Japan and the Netherlands, policymakers, industry leaders, investors and entrepreneurs, with former UK prime minister the Rt Hon Boris Johnson as a Keynote speaker.

In his address, Dr Bertrand Piccard, Chairman of Climate Impulse, stressed the importance of the Green Hydrogen Summit and the work of Masdar in advancing the development and progress of green hydrogen.

Dr Piccard is planning the first hydrogen-powered flight to circumnavigate the planet.

Elsewhere, H.E. Parviz Shahbazov, Minister of Energy for Azerbaijan, H.E. Yoshida Nobuhiro, Parliamentary Vice-Minister of Economy, Trade and Industry for Japan and Frederik Wisselink, Energy Envoy, Ministry of Economic Affairs and Climate Policy, The Netherlands, outlined national strategies and policies to accelerate green hydrogen economies.

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, commented: “This year’s Green Hydrogen Summit assembled a highly impressive list of speakers and panelists who provided great insights into the enormous potential of the green hydrogen economy, while also addressing some of the challenges. Green hydrogen is a vital element of a sustainable energy transition for the UAE and global decarbonization efforts and Masdar is working hard to accelerate investment in green hydrogen to advance the sector and support the diversification of the UAE’s economy and the global clean energy transition.”

The summit ended with a demonstration of Net Zero Navigator, the AI-driven platform that enables the cross-referencing of current financial mechanisms, best policy environments, and partnership models to allow the development and scaling of technologies, innovations, and strategies to achieve net zero faster.

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