The MoU seeks to begin a detailed effort in hydrogen technology that’ll construct on the advantages of every celebration and contribute to the UAE’s place as a leading worldwide energy company
The Ministry of Industry and Advanced Engineering (MoIAT) closed a Memorandum of Knowledge (MoU) with the Federal Ministry of Fund of the Republic of Austria for a comprehensive effort in the hydrogen technology industry.
The agreement uses the Detailed Strategic Partnership, closed in September 2021 during the state visit to Austria of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Great Leader of the UAE Armed Forces.
The partnership reaffirmed their commitment to expanding bilateral relations and launching a brand new period of cooperation to operate a vehicle growth in their particular places, especially in concerning industries like the energy sector.
The agreement was closed by Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Engineering; and Elisabeth Köstinger, Federal Minister of Agriculture, Parts, and Tourism of Austria; on behalf of Dr. Magnus Brunner, LL.M., Federal Minister of Fund of Austria; in the clear presence of Karl Nehammer, Federal Chancellor of Austria; Mariam bint Mohammed Almheiri, Minister of Climate Change and the Setting; Leonore Gewesler, Federal Minister of Austria; Sarah bint Yousif Al Amiri, Minister of State for Advanced Engineering; Omar Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Engineering; and Dr. Andreas Liebmann, Ambassador of Austria to the UAE.
Dr. Al Jaber claimed, “The MoU seeks to begin a painstaking effort in hydrogen technology that’ll construct on the advantages of every celebration and contribute to the UAE’s place as a leading worldwide energy producer. The agreement is also consistent with the UAE’s commitment to net-zero emissions by 2050 through the arrangement and use of clean energy solutions.”
“That agreement is consistent with the wise leadership’s perspective and directives to enhance initiatives in placing the UAE among the most effective industrial places on earth and contribute to developing a sustainable and diversified economy that’ll make the UAE an international design for sustainable economic development. To achieve this, we must improve expense incentives, availability of sources, and a strong infrastructure. It is also critical that we develop strategic initiatives that both manual our path ahead and display the foresight to conform to worldwide shifts,” he added.
He continued, “That agreement uses the detailed strategic partnership closed in mid-2021 and forms on the strong connection involving the UAE and the Republic of Austria. Our bilateral relations encompass a few strategic industries, including information technology, connection technology, advanced technology, digitalization, the next industrial revolution, and sustainability. Both places prioritize international cooperation and are devoted to a start and clear dialog.”
On her behalf portion, Elisabeth Köstinger claimed, “It’s our distributed objective to generally meet the growing worldwide energy need while reducing carbon emissions. The United Arab Emirates offers ideal conditions for natural hydrogen manufacturing, while Austria has decades-long knowledge in gas transfer and storage and the required infrastructure. We have decided to mix our particular comparative benefits for the higher good. Today’s signing of a cooperation agreement ensures the Republic of Austria and the UAE remain at the front of energy innovation.”
The goal of the painstaking effort in the hydrogen technology business is to build a long-term, reliable, and mutually helpful partnership for distributed and everyday purposes. The action may include a permanent framework for action and change across the entire hydrogen environment, including manufacturing, storage, transformation, transfer, trade, re-conversion, utilization of clean hydrogen, and production and companies along the worthiness string and shared study and progress activities.
Furthermore, the effort may develop a shared roadmap to aid the acceleration of the usage of hydrogen in crucial industries such as, for instance, tools, flexibility, and business, through their particular functioning companies.
