In a landmark move towards a green energy future, the Netherlands and Saudi Arabia have inked a historic pact to cooperate on renewable energy and clean hydrogen. The announcement was made by the Saudi Press Agency (SPA) on Thursday.
The agreement was formalized through a Memorandum of Understanding (MoU), signed between Micky Adriaansens, the Dutch Minister of Economic Affairs and Climate Policy, and Saudi Energy Minister Abdulaziz bin Salman Al Saud. The signing took place during the World Hydrogen Summit held in Rotterdam on May 10th and 11th.
This MoU establishes a robust framework for cooperation across several energy sectors, including renewable energy, energy efficiency, electricity, and importantly, clean hydrogen. It also addresses crucial issues concerning energy security. The partnership is set to foster the creation of international supply chains, interconnecting the two nations.
In addition to the mentioned sectors, the MoU outlines plans for collaboration on technologies and solutions aimed at mitigating climate change. The circular carbon economy, a concept promoting the recycling and reuse of carbon, is a key area of focus under this partnership.
Saudi Arabia’s ambitions in this initiative are clear – the nation aims to position itself as a major hydrogen exporter. As part of this strategy, a large-scale hydrogen production complex is planned in the northwest of the kingdom. This facility will leverage up to 4 GW of solar and wind energy for hydrogen production. By 2026, it is anticipated to produce up to 1.2 million tonnes of green ammonia per year for export, marking a significant stride in the global green energy landscape.
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