ARTICLE UAE: a leader in global hydrogen investments After decades of taking a proactive lead in new sources of energy, the United Arab Emirates is embracing the hydrogen agenda. Mubadala, an Abu Dhabi-based sovereign investment company Mubadala set the foundations for the sector in Abu Dhabi and global investor, is driving multiple investments that support when we established Masdar in 2006. Today, it has grown to energy transition across the world. As a responsible investor, we become a global renewable energy, with greater ambitions. are committed to investing in climate-friendly energy projects. Already, the company has reported 15,000GWh+ of power With partnership being one of our core values, we have signed generation from clean sources and total carbon displacement significant agreements with likeminded countries and companies worth 7.5 million tonnes in 2021, a 38% rise compared to the to advance the hydrogen agenda. previous year. In parallel, we announced the Abu Dhabi Hydrogen Alliance, Now, through a new initiative, we are bringing the future to Abu which brings together three major players from the Emirate of Dhabi through a consortium to promote hydrogen as a jet fuel, Abu Dhabi to develop hydrogen projects at scale. among other benefits, this will make the airline industry more sustainable and ESG-compliant. UAE TO LEAD The Alliance partners are collaborating to establish Abu Dhabi GREEN AVIATION as a trusted leader in the production and export of low-carbon Last year, Masdar linked with Abu Dhabi Department of Energy, green and blue hydrogen to the emerging international market, Etihad Airways, Lufthansa Group, Khalifa University of Science and to build a substantial green hydrogen economy in the and Technology, Siemens Energy, and Marubeni Corporation to UAE. To start, we are developing a roadmap to accelerate the build a green hydrogen demonstrator plant that will focus initially UAE’s adoption and use of hydrogen in major sectors such as on hydrogen-based fuels, notably for aviation. We will begin by utilities, mobility, and industry. We believe hydrogen, blue or constructing a solar powered 20 megawatt electrolyzer to create green, will see strong growth globally. As a result, we have green hydrogen that can be refined into synthetic kerosene for aligned our approach to international markets to fulfill our shared aviation fuel, road transport, and shipping. mission - position Abu Dhabi as a reliable and secure supplier of hydrogen around the world. The demonstrator will be built in Masdar City, Abu Dhabi’s flagship sustainable urban development and another Mubadala From our end, this spirit of investing in clean energy is not new. asset. The City comprises a rapidly growing clean-tech 24