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Hydrogen Power Abu Dhabi JV construction delayed
- United Arab Emirates: Thursday, March 04 - 2010 at 11:43
Construction of Hydrogen Power Abu Dhabi (HPAD), a joint venture between UAE-based Masdar and British Petroleum, will be delayed until the second quarter of the year, as partners have been unable to complete offtake and financing agreements, Meed has reported, citing sources close to the matter. Once completed, the world's largest hydrogen power plant will break down natural gas supplied by Abu Dhabi National Oil Co (Adnoc) into hydrogen and carbon dioxide. The hydrogen will be used to generate 400MW of power. HPAD also plans to sell the carbon dioxide back to Adnoc for injection into its oilfields, as part of a wider carbon capture and storage scheme.
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StaffThursday, March 04 - 2010 at 11:43 UAE local time (GMT+4)
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