University of Vaasa - Vaasan yliopisto

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building a Hydrogen Energy plant in joint venture between British
Petroleum (BP) Alternative Energy and Rio Tinto. They are working
together on the front-end engineering design of an industrial-scale
hydrogen-fired power generation project with capture of the carbon dioxide
(CO2), which would then be available for transportation and storage. The
plant would be located in Abu Dhabi. Many of the CDM projects that are
implemented in Abu Dhabi will contribute to the reduction of CO2 per
capita emissions especially in the oil and gas industry.
4. Utilities and Asset Management. The objective of this unit is to build and
operate RE (wind and Solar) power plants in Abu Dhabi and abroad. The
power is sold to local utility companies. One of their major investments in
Abu Dhabi is Shams 1 (100 MW), which is one of a several CSP power
plants that will be built in Zayed City. ADFEC is planning to build about
1600 MW of CSP plants by 2020. CSP is the most proven technology when
it comes to a large scale power generation in desert-like country. In
addition, ADFEC has direct investment in 12 clean tech companies and
invested in four leading green funds focusing on cutting-edge clean
technology.
5. MASDAR Institute of Science and Technology. Located in MASDAR City
and developed in cooperation with the Massachusetts Institute of
Technology (MIT), the MASDAR Institute emulates MIT's high standards
and offers Master's and Doctoral-level degree programs focused on the
science and engineering of advanced energy and sustainable technologies.
The MASDAR Institute aims to become a centre of high-caliber renewable
energy and sustainability research capable of attracting leading scientists
and researchers from around the world and to develop a pool of highly
skilled scientists, engineers, managers and technicians capable of
accelerating the development of indigenous technology and enterprise in
the region and globally.
MASDAR Innovation and Benefits to Economy and Society
The project represents a paradigm shift, a Middle Eastern oil-producer nation making
a visionary and long-term commitment to the development of new forms of clean and
sustainable energy. MASDAR is a highly-structured Initiative, ensuring that all
critical elements for success (workforce, technology, infrastructure and institutions)
are put in place to create a sustainable and synergistic community capable of
achieving tangible results of world-scale significance. The project is innovative in its
open engagement model, pooling an impressive array of some of the world's best
scientific and corporate resources to maximize the potential for impact, creative
breakthroughs and eventual scale-up and broad deployment of new energy solutions
for the global community 99 .
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