Abu Dhabi unveils comprehensive energy strategy

 

Abu Dhabi unveils comprehensive energy strategy

Published: Thu 27 Jun 2019, 5:06 PM

Last updated: Thu 27 Jun 2019, 7:08 PM

The Abu Dhabi Department of Energy (DoE) recently presented the emirate's comprehensive energy strategy at the fourth annual International Energy Agency (IEA) Global Conference on Energy Efficiency in Dublin, Ireland.
Taking part in a panel discussion, Mohammed bin Jarsh Al Falasi, undersecretary at the DoE, gave a presentation spotlighting Abu Dhabi's energy scene and future trends, and outlined the DoE's roadmap for the energy sector. Among the key topics discussed was how DoE was established in March 2018 to be the key policy-maker and regulator of the Abu Dhabi energy sector during a period of paradigmatic shift away from fossil fuels towards renewables, a move which aims to reduce emissions and avoid runaway climate change.
The audience were introduced to Abu Dhabi's role as a leader in modernising energy systems since unbundling the sector in 1998, and how over the past three decades the emirate has provided power and water to approximately two thirds of the UAE, sustaining both itself and other large parts of the Union. Additionally, the role of the UAE capital as a prime mover in opening the power sector to private sector investment, becoming the first entities in the region to initiate tariff reforms for both power and water - a fundamental shift to promote responsible use of natural resources and cost efficiency.
"Abu Dhabi's vision and leadership have laid out an ambition to further boost its leading position in the energy landscape by embracing technology to transition the energy sector towards a long-term sustainable energy solution. All of this underpins the emirate's wider economic and social aspirations under Abu Dhabi Economic Vision 2030," Al Falasi said.
- business@khaleejtimes.com

By Staff Report

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