UN Palestine peace conference suspended amid regional escalation    Egypt advances integrated waste management city in 10th of Ramadan with World Bank support    Hyatt, Egypt's ADD Developments sign MoU for hotel expansion    Serbian PM calls trade deal a 'new page' in Egypt ties    Reforms make Egypt 'land of opportunity,' business leader tells Serbia    TMG climbs to 4th in Forbes' Top 50 Public Companies in Egypt' list on surging sales, assets    Egypt, Japan's JICA plan school expansion – Cabinet    Egypt's EDA, AstraZeneca discuss local manufacturing    Israel intensifies strikes on Tehran as Iran vows retaliation, global leaders call for de-escalation    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    LTRA, Rehla Rides forge public–private partnership for smart transport    Egyptian pound rebounds at June 16 close – CBE    China's fixed asset investment surges in Jan–May    Egypt secures €21m EU grant for low-carbon transition    Sisi launches new support initiative for families of war, terrorism victims    Egypt, Cyprus discuss regional escalation, urge return to Iran-US talks    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Masdar, US to collaborate on Carbon Capture and Clean Energy
Published in Bikya Masr on 01 - 05 - 2010

Aligning America with United Arab Emirates? the The US Department of Energy (DoE) and Masdar, Abu Dhabi’s multifaceted renewable energy initiative which includes an eco-city with the same name, signed a Memorandum of Understanding this week to promote collaboration on clean and sustainable energy technologies, reports Carbon Capture Journal and a press release issued by Masdar.
Signed in the US by US Deputy Secretary of Energy Daniel Poneman and Dr. Sultan Ahmed Al Jaber, the CEO of Masdar, the agreement will build on a framework for cooperation in three important areas to tackle global warning, and to address depleting and polluting fuels: carbon capture and sequestration, water and bio-fuels, and clean technology.
“We look forward to working with Masdar to find clean energy solutions that will help us overcome our energy challenges. By enhancing cooperation on clean energy, we can help build a secure, prosperous and sustainable energy future for the citizens of our nations and the world,” said Deputy Secretary Poneman.
Dr. Al Jaber said: “Our two nations are strongly aligned when it comes to energy issues and we both recognize it is imperative that we start to change the way we consume energy.
As part of the agreement, both parties agreed to provide better and easier access for small and medium sized enterprises operating in clean technology clusters within the United Arab Emirates and the United States to enter their respective markets. This in turn will boost trade, investment and job opportunities between both countries. In 2009 the value of US exports to the UAE was $12.1 billion.
The United Arab Emirates (UAE) has the seventh largest proven oil reserves in the world at 97.8 billion barrels, according to the Oil and Gas Journal in January 2009. The UAE also has the sixth largest proven natural gas reserves in the world at 214 trillion cubic feet. It is an important oil and natural gas producer and is a member of the Organization of the Petroleum Exporting Countries (OPEC), according to the US government’s Energy Information Administration.
The clean energy framework agreement with the DoE is a first for Masdar with a US government entity, but follows ties with US institutions such as Massachusetts Institute of Technology (MIT) in the establishment of the Masdar Institute of Science and Technology.
The Masdar Institute of Science and Technology, Boeing and Honeywell UOP, together with the UAE’s Etihad Airways, recently signed agreements to establish a major research and demonstration project in Abu Dhabi, UAE to support the development and commercialization of aviation biofuels.
Masdar also recently signed a similar agreement with Canada, setting out a strategic agreement between the two governments for the sharing of research and evaluation and analysis on non-confidential CCS projects and technologies, according to Carbon Capture Journal.
Green Prophet


Clic here to read the story from its source.