Masdar will explore supplying green hydrogen to European trucks: UAE renewables giant Masdar inked an agreement with the world’s largest commercial vehicle manufacturer Daimler Truck to explore supplying liquid green hydrogen to power fuel cell rig trucks in Europe by 2030, according to a statement released on Thursday. The targeted timeline for completion of the feasibility study was not disclosed.

What they said: The agreement could potentially “enable a significant reduction of CO2-emissions in road freight transport in Europe,” while supporting “the UAE’s ambition to become a leader in the low-carbon hydrogen market by 2031,” Masdar CEO Mohamed Jameel Al Ramahi said.

Daimler’s decarbonization ambitions: The company would leverage green fuel imports from the UAE to help realize its commitment to fully decarbonize its fleet in the EU, US, and Japanese markets by 2039, the statement notes. The automaker has set a 2050 netzero target, and is teaming up with Cummins and Paccar on a USD 2-3 bn battery plant as part of its ambition to become a zero-emissions automaker. Daimler recently completed an over 1k trip on a single liquid hydrogen tank for its Mercedes-Benz GenH2 truck — planned for launch by 1H 2024 — in a bid to prove the reliability of net-zero vehicles.

REMEMBER- The EU has set out a target to phase out fossil fuel-powered vehicles by 2035 and reached a provisional agreement earlier this month to have almost all new heavy-duty vehicles in the bloc subject to emission reduction targets as part of a target to slash its transport sector’s greenhouse gas output by 15% next year, 45% by 2030, 55% by 2035, and 90% by 2040.

The latest in Masdar’s international green fuel links: The company signed an agreement with Japanese oil and gas firms Tokyo Gas, Inpex, and Osaka Gas last week to study the feasibility of establishing a synthetic methane supply chain extending from Abu Dhabi to Japan. Masdar — which says it will channel USD 30 bn as part of its target to expand its clean energy portfolio to 100 GW by 2030 — has set a target to produce 1 mn tons of green hydrogen annually by the end of the decade, and is planning to develop other green fuels corridors to the EU with Holland, and Germany.

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