ARKANSAS, Sept 17 (Future Headlines)- Turkey and the United Arab Emirates (UAE) are forging a groundbreaking partnership in the field of renewable energy, marking a significant milestone in their diplomatic and economic relations.
The collaboration between Turkey and the UAE in the energy sector is part of a broader agreement initiated by Turkish President Recep Tayyip Erdogan. This agreement encompasses energy cooperation with an estimated worth of $29.7 billion. A central aspect of this partnership is Turkey’s ambitious energy transformation project, which aims to generate 3.5 gigawatts of solar energy and 1.5 gigawatts of wind energy annually. While both countries are pursuing various aspects of renewable energy, the focus of this collaboration lies in green hydrogen production and offshore wind energy. These endeavors align with global efforts to transition to clean and sustainable energy sources.
Green hydrogen, produced using renewable energy sources like wind power, is emerging as a clean energy carrier with vast potential. It offers a sustainable alternative to traditional hydrogen production methods, which often rely on fossil fuels. Discussions between Turkey and the UAE revolve around green hydrogen production, primarily driven by wind energy. The Emirati companies involved in these talks recognize the significance of Turkey’s energy transformation project in this context.
Producing hydrogen through renewable sources aligns with global efforts to reduce carbon emissions and transition to a low-carbon economy. Hydrogen holds promise in various sectors, including transportation, industry, and energy storage. Another pivotal project under consideration is the establishment of an offshore wind farm along Turkey’s northwestern Black Sea coast. This endeavor aims to achieve a wind energy capacity of 5,000 megawatts by 2035. If realized, it will mark Turkey’s entry into offshore wind energy production.
Offshore wind energy is rapidly gaining prominence as a consistent and abundant source of renewable power. Many nations are investing in offshore wind projects to meet their clean energy targets and reduce reliance on fossil fuels.
The recent improvement in diplomatic relations between Turkey and the UAE has paved the way for enhanced cooperation in various domains, including renewable energy. Previous strains caused by Turkey’s support for pro-democracy movements in the Middle East are gradually subsiding. Parallel to diplomatic overtures, both nations have been fostering economic cooperation. A $5 billion currency swap agreement between Abu Dhabi and Ankara aims to bolster the Turkish lira. Emirati firms have announced significant investments in Turkey, signifying the growing economic partnership between the two countries. As Turkey and the UAE embark on these groundbreaking projects, they are poised to play pivotal roles in the global shift towards a greener and more sustainable future.