UAE Aims to Produce 19.8 Gigawatts of Clean Energy By 2030
UAE is all set to produce clean energy resources with a total capacity of 19.8 Gigawatts expected by 2030. The Minister of Energy and Infrastructure, Mr. Suhail bin Mohamed Al Mazrouei has announced this information to the global audience of leading energy leaders during the opening of ADIPEC 2023 (Abu Dhabi International Petroleum Exhibition & Conference) on October 2, 2023.
Speaking at the ministerial panel of ADIPEC on the topic of ‘Fast Tracking the Energy Transition’, Suhail bin Mohamed Al Mazrouei said, ”Having one of the fastest-growing clean energy industries in the world, the UAE is set to generate a total capacity of 19.8 gigawatts of clean energy by 2030. In addition, the UAE seeks to become a leading producer and supplier of low-carbon hydrogen, working towards producing 1.4 million metric tonnes of low-carbon hydrogen per annum by 2031 and 15 million metric tonnes per annum by 2050.”
He also proclaimed the crucial importance of International Collaboration to address the critical energy challenges.
Chairperson of ADIPEC 2023 (Abu Dhabi International Petroleum Exhibition & Conference) and CEO of ADNOC (The Abu Dhabi National Oil Company) Offshore, Tayba Al Hashemi said, “By 2030, the world will be home to an additional half a billion people, demanding more energy every year. At the same time, the global challenge of climate change calls for urgent, game-changing solutions to eliminate emissions. Every government, industry, business, and individual has a role to play in decarbonizing quicker, and creating the future of energy, faster, while safeguarding energy security and ensuring nobody is left behind.”
“Decarbonising, faster, together, is not just the theme of ADIPEC 2023, it is a rallying call to industry to work together to transform, decarbonize, and future-proof our industry. We want to accelerate the innovation and tangible actions needed to enable a lower-carbon and higher-growth future for the world,” Tayba Al Hashemi said further.
The President and Chief Executive Officer of Aramco, Amin H. Nasser said, “At Aramco, we believe that energy security and sustainability can co-exist. We remain committed to helping supply the world’s growing energy needs as we also expand our efforts to develop lower-carbon solutions that will provide future generations with cleaner and more sustainable energy.”
The panel has taken a look and discovered how innovational policies and all-inclusive practices play a key role in fulfilling the growing demand for energy with zero percent emission. The dedicated panel also settled a decision on the important role the government must play to drive both investment and collaboration. The honorable ministers addressed the importance of featuring low-carbon energy in the future, which will simultaneously cut down the emissions and drive more economic growth in the country.
While discussing the advantageousness, Suhail bin Mohamed Al Mazrouei said, “We need to keep the politics aside, and as OPEC, work as a technical group.”
To continue his remarks further, Haitham Al Ghais, the Secretary General of OPEC (Organization of the Petroleum Exporting Countries) said, “We have to have a clear roadmap of where we’re going, and how to get there”.
The ministers from Romania and Türkey equally had a discussion on the underway initiatives in the respective countries structured for facilitating a transformation to a cleaner system of energy.
ADNOC (The Abu Dhabi National Oil Company) is going to feature 10 conferences over four continuous days. The scheduled conferences include a new and unique Hydrozen-focused summit and a stretched strategic decarbonization conference, which will follow a different range of themes such as mobilizing finance, energy security, and investment to develop a zero-carbon value system chain.
ADIPEC 2023 (Abu Dhabi International Petroleum Exhibition & Conference) is expected to gather over 2,200 renowned companies while featuring 30 country pavilions, and areas focused on advanced and innovative partnerships and facilitating cross-sector collaboration in four different specializations.