Abu Dhabi’s clean energy company Masdar is teaming up with Emirates Steel Arkan to develop a green hydrogen project to decarbonise the hard-to-abate steel sector in the UAE.
The pilot project, which is being hailed as the first of its kind in the Mena region, will be located at Emirates Steel’s production units in the Industrial City of Abu Dhabi and will help the company produce green steel, which is in high demand globally.
The project, expected to be commissioned early next year, will demonstrate the use of green hydrogen, instead of natural gas, to extract iron from iron ore, a key step in steel making, the two companies said on Wednesday.
“Steel is an essential commodity driving economic growth and creating jobs and this project presents huge potential for reducing emissions while increasing trade,” Mohamed Al Ramahi, chief executive of Masdar, said.
Active in more than 40 countries and with a total electricity generation capacity of over 20 gigawatts, Masdar is targeting 100 gigawatts by 2030.
The announcement of the latest project comes as the global green steel market is projected to record an “exponential growth”, expanding about 130 per cent annually between 2023 and 2030, according to a new report from Fairfield Market Research. The market size for green steel is expected to reach $47.2 billion by the end of this decade.
Steel manufacturing contributes between 7 and 8 per cent of worldwide carbon emissions and companies are ramping up efforts to decarbonise their operations.
“We are spearheading the industry's shift towards a more sustainable future, in harmony with the UAE's strategic commitment to achieving net zero by 2050,” Saeed Al Remeithi, group chief executive of Emirates Steel Arkan, said.
In 2022, the Abu Dhabi-listed company achieved a double-digit reduction in energy intensity and in emissions and emissions intensity by using 80 per cent clean electricity, carbon capture and scrap metal utilisation, according to its statement.
The company has pledged to reduce its carbon emissions by 40 per cent by 2030 and achieve net-zero emissions by 2050.
Earlier this year, Emirates Steel Arkan in partnership with AD Ports Group, the operator of industrial cities and free zones in Abu Dhabi, also signed a non-binding initial agreement with Japanese companies to establish a low-carbon iron supply complex in Abu Dhabi.
“A lot of companies are approaching us and leveraging our decarbonisation levels” and the company is in a leading position “in terms of carbon dioxide emissions compared with others”, Mr Al Remeithi told The National in an interview this year.
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The specs: 2018 Audi RS5
Price, base: Dh359,200
Engine: 2.9L twin-turbo V6
Transmission: Eight-speed automatic
Power: 450hp at 5,700rpm
Torque: 600Nm at 1,900rpm
Fuel economy, combined: 8.7L / 100km
How to register as a donor
1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention
2) There are about 11,000 patients in the country in need of organ transplants
3) People must be over 21. Emiratis and residents can register.
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If you’re going to go grey, a great style, well-cared for hair (in a sleek, classy style, like a bob), and a young spirit and attitude go a long way, says Maria Dowling, founder of the Maria Dowling Salon in Dubai.
It’s easier to go grey from a lighter colour, so you may want to do that first. And this is the time to try a shorter style, she advises. Then a stylist can introduce highlights, start lightening up the roots, and let it fade out. Once it’s entirely grey, a purple shampoo will prevent yellowing.
“Get professional help – there’s no other way to go around it,” she says. “And don’t just let it grow out because that looks really bad. Put effort into it: properly condition, straighten, get regular trims, make sure it’s glossy.”
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Another way to earn air miles
In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.
An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.
“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.
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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
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The Bio
Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”
Holiday destination: “I like Paris very much, it’s a city very close to my heart.”
Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”
Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”
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EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
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- Rocketman – 1
- The Neighbors' Window – 1
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4.35pm: Tilal Al Khalediah
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7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
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