Energy engagement between Europe and the Gulf monarchies accelerated after the energy security crisis triggered by Russia’s invasion of Ukraine. It now needs to move from conversations about tactical needs to strategic cooperation, which factors in climate imperatives. With its self-perceived position of strength, the UAE is clearly intent on del
Middle East and North Africa
One highly innovative idea to commercialise the use of CO2 is using it to power batteries. The Italian start-up Energy Dome has already launched its first CO2 battery facility and entered the commercial scaling phase, including through projects in the Middle East and North Africa. The company uses liquefied CO2 in a process that allows storage of p
and building operators, architects
But there is still considerable scope for improvement. EU directives represent the highest standards in this sense. The EU has previously organised a webinar to engage its GCC counterparts on energy efficiency in construction and urban development. This brought together policymakers and representatives from the private sector – including industri
than most competitors, making
Indeed, with some of the lowest carbon footprints and production costsfor oil in the world, the Gulf monarchies might even increase their market shares in the medium term; they could be subject to up to 50 per cent less in EU carbon tariffs than most competitors, making them the last men standing in fossil fuels. ADNOC and the Saudi Arabian Oil Gro
piping green hydrogen to Europe
Petroleum to work on joint energy transition projects in the Middle East and North Africa, south-east Asia, and Europe. A 2021 memorandum of understanding between Italian firm Snam and Mubadala had agreed to assess the feasibility of piping green hydrogen to Europe. Deals such as these have substantial potential to advance the energy transition in