The UAE and Energy Diversification… Five Global Achievements in Climate Action
Five Global Achievements in Climate Action
The UAE has succeeded in enhancing its position as a leader in global climate action, embarking on an important path in clean and renewable energy projects, becoming a significant partner in international giant partnerships, and financing clean energy projects worldwide to address climate challenges.
The UAE is shaping the future of renewable energy, and climate-related projects have become a key aspect of UAE partnerships with various countries around the world.
In recent times, the UAE’s Minister of Energy, Suhail Al Mazroui, announced the country’s joining of the Global Bioenergy Partnership and its substantial investment in biofuels as part of efforts to diversify its energy mix and reduce carbon footprint.
A Platform for Enhancing Energy Use
Reliable sources revealed that a joint platform has been established to enhance cooperation in clean energy fields such as hydrogen and ammonia production and usage, clean energy infrastructure utilization, and the development of industrial ecological systems for renewable energy, in collaboration with South Korea.
Development of Al Dhafra Solar Photovoltaic Power Plant
The UAE has also adopted a strategy for clean energy, with its primary goal being the protection of natural resources and the climate, and securing the community’s needs with safe and sustainable energy sources. Abu Dhabi National Energy Company (TAQA) leads the development of the Al Dhafra Solar Photovoltaic Power Plant, the world’s largest solar power plant with a capacity of up to 2 gigawatts of electricity, providing power to around 160,000 homes in the country.
Global Transformation in the Energy Sector
In this context, the UAE and the United States announced the launch of the first phase of their strategic partnership to invest $100 billion in implementing clean energy projects worldwide. The first phase allocated $20 billion to finance clean and renewable energy projects with a production capacity of 15 gigawatts in the United States before 2035.
Strategic Energy Partnership with France
The UAE also signed a comprehensive strategic partnership agreement with France in the energy sector, focusing on enhancing energy security and providing it at affordable costs, reducing emissions, and actively contributing to climate action. The agreement includes direct investment in energy resource development, with a particular focus on energy security and efficiency projects, clean technologies, and global transformation in the energy sector.
Hydroelectric Power Station
The UAE is implementing the first-of-its-kind hydroelectric pumped storage power station in the Hatta area of Dubai, the first in the Gulf Cooperation Council countries. The station’s production capacity will reach 250 megawatts, with a storage capacity of 1,500 megawatt-hours and an expected operational life of 80 years. The project’s investments amount to AED 1.421 billion, and its completion is expected in the last quarter of 2024.
Establishment of Masdar City
During the reign of the late Sheikh Khalifa bin Zayed Al Nahyan, the “Masdar City” project, a low-carbon sustainable project, was launched. Abu Dhabi Future Energy Company (Masdar) was established as a global leading company in both renewable energy and sustainable urban development. The company aimed to reinforce the UAE’s leading role in the global energy sector while supporting economic and energy source diversification to benefit future generations.