Renewable

March 9 (Renewables Now) - The United Arab Emirates and Austria have signed a memorandum of understanding (MoU) to cooperate in the area of hydrogen technology.

The two countries will develop a joint roadmap to accelerate the use of hydrogen in key sectors such as utilities, transportation and industry with the help of companies operating in these sectors, news agency WAM said on Monday.

Austria and the UAE are pursuing a joint goal to meet the growing global demand for clean energy while reducing carbon emissions. The cooperation combines the strengths of the partners -- the UAE offers great conditions for green hydrogen production, while Austria has expertise in gas transportation and storage, said Austria's minister for sustainability and tourism Elisabeth Koestinger.

With the MoU, the two countries aim to build a long-term and mutually beneficial partnership and establish a framework for cooperation and exchange of knowledge across the entire hydrogen value chain, including production, storage, conversion, transportation and use of clean hydrogen. The cooperation will include also joint research and development activities.

The agreement supports the UAE's commitment to achieve carbon neutrality by 2050, said the country's minister of industry and advanced technology Sultan Al Jaber.

The MoU is based on a comprehensive strategic partnership between the two countries that was signed last July.

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