United Arab Emirates (UAE

UAE has installed Solar PV capacity of around 2.5 GW by 2020. The world’s largest solar plant of 1,177 MW, which was jointly developed by the Jinko, Marubeni Corp., and Emirates Water and Electricity Company (EWEC), was commissioned in 2019 at Sweihan in Abu Dhabi. At nearly double the size of Noor Abu Dhabi, 2 GW Photovoltaic Plant in Al Dhafra, this new solar Photovoltaic (PV) plant will reinforce Abu Dhabi as a leader in solar PV plant size and efficiency. The new plant is set for completion in the second quarter of 2022 providing up to 110,000 households with electricity and will reduce CO2 emissions by 1.6 million metric tons/year equivalent to removing 330,000 cars from the road. Abu Dhabi PV3 (1.5 GW), Mohammed bin Rashid Al Maktoum (MBR) Phase IV (950 MW), and MBR Phase V (900 MW)– all of these projects are on various stages of development will help to achieve the country renewable energy target.

UAE Power Mix Target by 2050

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UAE launched ‘Energy Strategy 2050’, which is considered the first unified energy strategy in the country that is based on supply and demand. The strategy aims to increase the contribution of clean energy in the total energy mix from 25 percent to 50 percent by 2050 and reduce the carbon footprint of power generation by 70 percent, thus saving AED 700 billion ($190.603 billion) by 2050. It also seeks to increase the consumption efficiency of individuals and corporates by 40 percent. The strategy targets an energy mix that combines renewable, nuclear, and clean energy sources to meet the UAE’s economic requirements and environmental goals such as 44 percent renewable energy, 38 percent natural gas, 12 percent clean fossil fuel, and 6 percent from nuclear energy. The strategy also aims to change the energy consumption culture by slashing residential energy consumption by 40 percent. The UAE government aims to invest AED 600 billion ($163.374 billion) by 2050 to meet the growing energy demand and ensure sustainable growth for the country’s economy. This new energy strategy takes into consideration an expected annual growth of 6 percent and will work on increasing the contribution of clean energy in the energy mix from 25 percent to 50 percent by 2050 while slashing carbon footprint during power generation by 70 percent over the next three decades. This strategy will be implemented in three phases. The first phase aims to accelerate the efficient consumption of energy as well as diversifying and securing it. The second phase will find new solutions that integrate with energy and transportation solutions. The third phase will focus on research and development in addition to innovation and creativity to supply sustainable energy.