Financial Energy Review
During the Abu Dhabi Sustainability Week 2022, TotalEnergies, Masdar and Siemens Energy all signed a collaboration agreement to act as co-developers on green hydrogen project.
The project aims to establish a demonstrator plant at Masdar City for green hydrogen production to convert carbon dioxide into Sustainable Aviation Fuel (SAF). Masdar City is Abu Dhabi’s flagship sustainable urban development.
Francois Good, Senior Vice President, Refining and Petrochemicals Africa Middle East and Asia at TotalEnergies, said: “We are very pleased to partner with Masdar and Siemens Energy to meet the challenge of decarbonizing air transport through sustainable aviation fuel from green hydrogen.
“In this project, TotalEnergies brings its expertise in renewables energy as well as SAF manufacturing and marketing advanced sustainable fuel production with the aim of acting directly on the carbon intensity of the energy products used by our customers.
“This is in-line with our strategy of building a multi-energy company with the ambition to get to net zero by 2050 together with society.”
Dietmar Siersdorfer, Managing Director Middle East and UAE, Siemens Energy, said: “Green hydrogen has a vital role to play in the decarbonization of many industries, with the aviation sector presenting an excellent opportuni
