REG-TotalEnergies SE United Arab Emirates: TotalEnergies Joins Masdar and Siemens Energy in Initiative to Drive Green Hydrogen Development and Produce Sustainable Aviation Fuel

TotalEnergies SEAnnouncement

19/01/2022 12:15

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United Arab Emirates: TotalEnergies Joins Masdar and Siemens Energy in
Initiative to Drive Green Hydrogen Development and Produce Sustainable
Aviation Fuel


 * TotalEnergies, Masdar and Siemens Energy sign collaboration agreement at Abu
Dhabi Sustainability Week 2022 to act as co-developers on green hydrogen
project

 * Project aims to establish demonstrator plant at Masdar City for green hydrogen
production to convert carbon dioxide into Sustainable Aviation Fuel (SAF).

 

Masdar, one of the world’s leading renewable energy companies, welcomes
today TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and its expertise in the
energy sector, to a Masdar-led initiative focused on green hydrogen to produce
sustainable aviation fuel (SAF).

Masdar, Siemens Energy and TotalEnergies today signed a collaboration
agreement on the sidelines of Abu Dhabi Sustainability Week (ADSW) 2022, to
act as co-developers for a demonstrator plant project, which will be
established at Masdar City, Abu Dhabi’s flagship sustainable urban
development.

Francois Good, Senior Vice President, Refining and Petrochemicals Africa
Middle East and Asia at TotalEnergies, said, “We are very pleased to partner
with Masdar and Siemens Energy to meet the challenge of decarbonizing air
transport through sustainable aviation fuel from green hydrogen. In this
project, TotalEnergies brings its expertise in renewables energy as well as
SAF manufacturing and marketing advanced sustainable fuel production with the
aim of acting directly on the carbon intensity of the energy products used by
our customers. This is in-line with our strategy of building a multi-energy
company with the ambition to get to net zero by 2050 together with society.”

Dietmar Siersdorfer, Managing Director Middle East and UAE, Siemens Energy,
said, “Green hydrogen has a vital role to play in the decarbonization of
many industries, with the aviation sector presenting an excellent opportunity.
With deep expertise in electrolyzers and plant integration we understand that
collaboration is vital to success. We’re excited to have a longstanding and
strong partner such as TotalEnergies bring its expertise to help accelerate
this landmark project.”

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said,
“Today’s signing and the participation of TotalEnergies as a co-developer
represents a significant step forward for this exciting project. The
demonstrator plant will help to establish the commercial viability of green
hydrogen as an essential decarbonized fuel of the future, and will support Abu
Dhabi’s development as a green hydrogen hub. While the hydrogen market is
still at a comparatively early stage, we firmly believe that by working
together with international partners on projects such as this, we can help the
hydrogen market develop its full potential and it will really take off in the
years to come.”

Masdar announced ahead of ADSW 2021 last year that it was collaborating with
Abu Dhabi Department of Energy, Etihad Airways, Lufthansa Group, Khalifa
University of Science and Technology, Siemens Energy, and Marubeni Corporation
on the demonstrator plant initiative. Having joined the initiative, the aim
now is that TotalEnergies will offer its expertise in SAF production, offtake
and supply the partner airlines.

Since January 2021, the partners in the initiative have completed a range of
evaluations on technology suppliers, feasibility studies and conceptual
designs, while working closely with regulators on compliance issues. The aim
is to proceed to the front-end engineering design (FEED) stage later this
year.

By leveraging their respective areas of expertise across the energy spectrum,
and their local and global market reach, the co-developers believe that the
demonstrator project can pave the way to commercial production of SAF, helping
to reduce production costs and making it commercially viable.

***

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our 105,000 employees are committed to energy that is ever more
affordable, cleaner, more reliable and accessible to as many people as
possible. Active in more than 130 countries, TotalEnergies puts sustainable
development in all its dimensions at the heart of its projects and operations
to contribute to the well-being of people.

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About Masdar

Abu Dhabi’s renewable energy company Masdar is advancing the
commercialization and deployment of renewable energy, sustainable urban
development and clean technologies to address global sustainability
challenges. Wholly owned by Mubadala Investment Company, the strategic
investment company of the Government of Abu Dhabi, our mandate is to help
maintain the UAE’s leadership in the global energy sector, while supporting
the diversification of both its economy and energy sources for the benefit of
future generations. Today, Masdar is active in more than 30 countries,
including the UAE, Jordan, Saudi Arabia, Mauritania, Egypt, Morocco, the UK,
the US, Australia, Spain, Serbia, India, Indonesia, Uzbekistan, and many more.

About Siemens Energy

Siemens Energy is one of the world’s leading energy technology companies.
The company works with its customers and partners on energy systems for the
future, thus supporting the transition to a more sustainable world. With its
portfolio of products, solutions and services, Siemens Energy covers almost
the entire energy value chain – from power generation and transmission to
storage. The portfolio includes conventional and renewable energy technology,
such as gas and steam turbines, hybrid power plants operated with hydrogen,
and power generators and transformers. More than 50 percent of the portfolio
has already been decarbonized. A majority stake in the listed company Siemens
Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for
renewable energies. An estimated one-sixth of the electricity generated
worldwide is based on technologies from Siemens Energy. Siemens Energy employs
around 91,000 people worldwide in more than 90 countries and generated revenue
of €28.5 billion in fiscal year 2021. www.siemens-energy.com
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Cautionary Note

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entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
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TotalEnergies’ financial results or activities is provided in the most
recent Registration Document, the French-language version of which is filed by
TotalEnergies SE with the French securities regulator Autorité des Marchés
Financiers (AMF), and in the Form 20-F filed with the United States Securities
and Exchange Commission (SEC).

TotalEnergies Contacts 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
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(mailto:ir@totalenergies.com)



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