- Green hydrogen could meet up to 25% of the world’s energy requirements in less than 30 years, with a market value in excess of $10 trillion
- UAE pledges to spend $160 billion to achieve net-zero carbon emissions by 2050
- Seven dedicated hydrogen sessions scheduled for ADIPEC’s 2021 Strategic Conference
Abu Dhabi: Taking place immediately after the UN climate meeting COP 26, ADIPEC will bring together hundreds of ministers, policymakers and business leaders from across the world to share perspectives on how hydrogen can potentially deliver a holistic, clean, integrated approach to the Middle East and North Africa (MENA) region’s energy sector.
Held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and hosted by the Abu Dhabi National Oil Company (ADNOC) and supported by the UAE Ministry of Energy and Industry, the Abu Dhabi Chamber, and the Abu Dhabi Tourism and Culture Authority, ADIPEC takes place in-person at ADNEC in Abu Dhabi from 15-18 November 2021.
According to a recent Goldman Sachs report, green hydrogen could meet up to 25% of the world’s energy requirements in less than 30 years, with a market value in excess of $10 trillion. To emphasise the importance of hydrogen in a diversified energy sector and address the challenges and opportunities of producing green and blue hydrogen on a mega industrial-scale, ADIPEC has dedicated seven sessions to hydrogen during its Strategic Conference.
The sessions will focus on critical industry topics such as building a sustainable hydrogen economy, establishing a policy framework to promote hydrogen deployment, repurposing value chains, managing supply and demand dynamics, and up-scaling.
Expert speakers participating in the ADIPEC hydrogen sessions include Dr Samir J. Serhan, COO, Air Products; Martin Houston, Vice Chairman, Tellurian; Dr Christoph Noeres, Head of Green Hydrogen, Thyssenkrupp; John Kent, Chief Energy Transition Officer, Kent; Alicia Eastman, Co-Founder and President InterContinental Energy; Paul Bogers, Vice President – Hydrogen Shell; Andy Hemingway, President, Energy Optimisation & Innovation, Wood PLC; Brandon Spencer, President – Energy Industries, ABB; Daniel Teichmann, CEO, Hydrogenious; and Rod Christie, Executive Vice President of Turbomachinery & Process Solutions, Baker Hughes.
Christopher Hudson, Global Energy President, dmg events, said: “ADIPEC 2021 will enable the global energy industry to gain key insights from, and share knowledge with the policymakers, technologists, scientists and companies at the forefront of the hydrogen industry and identify the new business models and strategies required to unlock, create and maximise value from hydrogen’s potential as a future clean energy source.”
With governments across the globe implementing plans to decarbonise while ensuring affordable energy for all, ADPIEC provides an ideal platform for the UAE to showcase its commitment to net-zero carbon emissions by 2050 and its roadmap for a sustainable energy future, with green hydrogen production integral to its ambitions. This comes as the UAE is positioning itself as a low-cost producer and exporter of blue and green hydrogen, as well as green ammonia.
Work is already underway on megaprojects such as the two-gigawatt green ammonia project by Taqa, the Abu Dhabi National Energy Company, and Abu Dhabi Ports. The project will produce green hydrogen and process it into liquid ammonia, used in ships as bunker fuel and for export.
Meanwhile, the Khalifa Industrial Zone Abu Dhabi (Kizad) has announced plans for a $1 billion green ammonia plant, which will produce 200,000 tonnes of green ammonia from 40,000 tonnes of green hydrogen.
“According to a recent report by Forbes, industry commentators agree that a price around two dollars per kilo of hydrogen could be pivotal. In addition, the UN Green Hydrogen Catapult project, which includes Saudi Arabia’s Acwa Power, have agreed to halve the current cost of a kilo of green hydrogen to below $2 by 2026 and increase the scale of production 50-fold,” said Hudson.
“So besides major investment, some of the key issues to be discussed at ADIPEC is the price of producing green hydrogen from renewable energy as well as how quickly new technology can be developed,” he added.
ADIPEC is the world’s most influential live and in-person meeting place for energy companies and professionals. The ADIPEC Strategic Conference brings together over 8,000 industry professionals from around the world, including some 1,000 ministers, CEOs, policymakers and influencers, to play an essential role in developing the thought leadership, direction and strategies that will shape the industry’s response to the realities of the energy transition.
ADIPEC is the world’s largest and most influential event for the energy industry. Attracting a record breaking 155,000+ attendees in 2019, the event brings together Energy Ministers, global CEOs and leading decision makers alongside the businesses that shape the future of energy supply across four days of focused commerce, dialogue and knowledge transfer that addresses today’s energy needs and defines tomorrow’s energy landscape.
ADIPEC gives 2,200+ exhibitors unparalleled access to the top decision-makers in the energy industry and is the ideal platform to create new business opportunities, strengthen existing relationships and network across the entire energy sector, with an estimated $18.9 Billion worth of business agreements taking place during the event.
ADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC’s objective is to maximise the value of the Emirate’s vast hydrocarbon reserves through responsible and sustainable exploration and production to support the United Arab Emirates’ economic growth and diversification.