Utico, the Middle East’s full-service utility and the only private water and power company in the UAE, has announced its entry into hydrogen production by 2024 at the ongoing WETEX and Dubai Solar Show.
Utico also said that it was exiting the Clean Coal Carbon capture project it had signed with Shanghai Electric in 2014, for which it had obtained the Middle East’s first Federal Environmental Permit in 2016 done by TUV Nord.
Utico had also planned and announced the same scale 350MW supercritical project at the Duqm Special Economic Zone in 2016 with a Bio Fertilizer plant using Carbon to produce Agro & Pharma grade Algae with a 200MW solar facility that would offset carbon emissions by greater than 70%, making it cleaner than natural gas. Both projects would have captured greater than 1million tons of CO2 per year.
The new company will start with 12,000 tons per annum hydrogen expandable to 100,000 tons p.a. and will include a portfolio of Green and renewable power production totalling 200MW, Utico said, adding that the first phase of production is slated for 2024.
The focus will be to produce the hydrogen splitting water with Green Energy rather than natural gas. This will be Green Blue hydrogen, generating Green Water as well, making it the cleanest and cheapest hydrogen available in the market.