CAPTURE STORAGE AND TRANSPORT

capture storage and transport

Boosting the carbon economy’s circularity is dependent on developing the ‘remove, reuse, and recycle’ pillars of the concept. In the GCC states, carbon capture storage and transport infrastructure is significantly underdeveloped, and laws and regulations on CCUS frameworks often have gaps. Linkages already exist between GCC countries, so mult

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led by the Belgian company

production of 1-1.25 megatonnes of green hydrogen by 2030 – mainly at HYPORT Duqm, led by the Belgian company DEME. This would rise to 3.25-3.75 megatonnes by 2040 and 7.5-8.5 megatonnes by 2050. The UAE has also taken significant steps to develop green hydrogen, within its borders and abroad. In 2021 the UAE inaugurated the largest hydrogen plan

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Gulf states have long treated

Gulf states have long treated CCUS as a silver bullet solution. The EU cautions against the GCC countries’ overreliance on technology, and continues to stress the need for behavioural change.[4] However, the European Green Deal also recognises CCUS as a key tool to aid decarbonisation. Saudi Arabia centred its 2020 presidency of the G20 around CC

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Accelerating green energy industrial

highest percentage of renewable energy in its mix, with 3.058 megawatts of capacity. Accelerating green energy industrial development is central to the UAE’s Net Zero by 2050 strategy, and the country has to date invested over $16.8 billion in 70 green energy projects worldwide. Yet, neither the UAE nor any other GCC country, despite some sizable

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market development and financing

the development of necessary infrastructure; technological and scientific problems related to green energy production; and challenges linked to market development and financing. The later sections of this paper cover how they can begin to do so. Yet, the greatest barrier to realising the potential of energy relations between European and GCC states

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