A feasibility study for the establishment and operation of a joint pilot project.
The project will utilise DEWA’s existing green hydrogen production facility and ENOC’s knowledge of the fuel market to build a hydrogen fueling station and contribute to the Dubai Green Mobility Initiative 2030.
Al Tayer said, "DEWA and ENOC Group have a strategic partnership that supports the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote the UAE as a global model in sustainability and green transformation.
In early January 2023, DEWA said it had achieved the highest information security certification, and in early February 2023, DEWA said it had spent US $871 million on new projects in 2022, as mentioned in the report.
"We are pleased to sign this MoU with ENOC Group to use green hydrogen, which is one of the most environmentally friendly energy sources and represents one of the pillars of a sustainable future that depends on accelerating the transition to net zero carbon emissions to achieve the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Strategy 2050."
According to the project, it supports the UAE’s hosting of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change and the country’s goal to develop the hydrogen economy and open local markets to hydrogen vehicles. Both DEWA and ENOC aim to support the vision of a sustainable and green future and achieve net zero carbon emissions by 2050.
Al Falasi remarked, "ENOC Group’s partnership with DEWA follows the announcement of 2023 as the "Year of Sustainability" by President His Highness Sheikh Mohamed bin Zayed Al Nahyan." It also aligns with the Dubai Economic Agenda (D33) that was announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum.
He concluded, "The agreement underpins the group’s efforts to nurture public-private partnerships to achieve Dubai’s Clean Energy Strategy 2050 as well as lay the foundation for a green economy and lead the adoption of sustainable energy solutions."