Publisher: Maaal International Media Company
License: 465734
The Ministry of Energy announced today that the Kingdom of Saudi Arabia has joined the International Partnership for the Hydrogen and Fuel Cell Economy (IPHE), as part of its efforts to support international efforts to develop this sector.
The Kingdom’s accession to this partnership represents a new step that confirms the pioneering role that the Kingdom is playing in international efforts aimed at enhancing sustainability and innovating advanced solutions in the fields of clean energy. It also supports the Kingdom’s ambition to become one of the most important producers and exporters of clean hydrogen in the world and to achieve net zero by 2060, or before, within the framework of the circular carbon economy approach, and according to the availability of the necessary technologies.
The Kingdom’s accession to this partnership confirms its firm vision regarding the role of international cooperation and its importance in achieving a more sustainable energy future, and it also contributes to achieving the goals of the “Saudi Green” and “Middle East Green” initiatives, which aim to reduce carbon emissions, in addition to supporting international efforts to stimulate global demand for clean hydrogen, and contributing to the development of regulations and standards to enhance the clean hydrogen economy.
The International Partnership for the Hydrogen and Fuel Cell Economy represents a key platform for enhancing cooperation between member states to accelerate the development and deployment of hydrogen and fuel cell technologies and contribute to achieving a balanced and effective global transition towards clean and more efficient energy systems. The partnership works to exchange knowledge between members, support the development of relevant research and technologies, and raise awareness and education about the importance of clean hydrogen and its pivotal role in achieving sustainable development. In this context, the Kingdom is keen to be an active member of many international organizations and initiatives related to the production of clean and low-emission fuels, such as: the “Innovation Mission” initiative, the Clean Energy Ministerial Meeting, the Zero Neutrality Forum for Producers, the Global Methane Initiative, the “Reducing Flaring Associated with Oil Production by 2030” initiative, the Global Methane Pledge, the Carbon Capture and Storage Leadership Forum, and other initiatives.