dh600b to meet uae’s future energy demands
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Dh600b to meet UAE’s future energy demands

Arab Today, arab today

Arab Today, arab today Dh600b to meet UAE’s future energy demands

Shaikh Mohammad at the future of energy lab, organised by the Ministry of Energy in cooperation with the Minis
Dubai - ArabToday

The UAE on Tuesday announced that it has approved a three-decade energy strategy that aims to invest Dh600 billion to meet demands for energy and ensuring the sustainability of growth in the UAE’s economy.

The strategy is also expected to result in savings of Dh700 billion.

The UAE Energy Strategy for 2050 was launched on Tuesday by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince, was present.

According to the strategy, the target set is for clean energy to account for 44 per cent of energy production. The plan will aim to continue and boost the UAE’s leadership role in business, sustainability, the energy sector and securing energy supply.

“Our new energy strategy is ideal, achieving a balance between production, consumption and international environmental commitments. It ensures a comfortable economic environment for growth in all sectors,” Shaikh Mohammad said.

He also said that the strategy takes into consideration annual growth in demand for energy, which stands at six per cent. He said that the plan will increase the contribution of clean energy from 25 to 50 per cent by 2050, and reducing carbon emissions resulting from the power generating process by 70 per cent.

He underlined that the energy strategy targets a combination of renewable, nuclear and clean fossil energy to ensure achieving a balance between economic needs and environmental goals.

“Ensuring the sustainability of sources of energy is a guarantee for the sustainability of the UAE’s growth,” said Shaikh Mohammad.

source: GULF NEWS

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

dh600b to meet uae’s future energy demands dh600b to meet uae’s future energy demands

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

dh600b to meet uae’s future energy demands dh600b to meet uae’s future energy demands

 



GMT 10:10 2017 Thursday ,09 February

3 Important Elements You Have to Consider

GMT 04:03 2017 Monday ,24 April

Bella Hadid ‘dying’ to visit Palestine

GMT 19:25 2016 Wednesday ,25 May

The Brooklyn Desk by Oeuf NYC

GMT 07:49 2018 Friday ,05 January

2 Russian servicemen killed

GMT 07:58 2018 Monday ,01 January

Italy orders N. Korea's envoy to leave

GMT 08:45 2017 Wednesday ,20 December

US military imagines war without GPS

GMT 17:26 2017 Sunday ,17 December

Putin thanks Trump for help in foiling attack plot

GMT 22:19 2017 Monday ,16 October

Cairo-hosted Fatwa conf. new contribution

GMT 02:27 2016 Friday ,10 June

Video hints Japan abetting illegal ivory trade

GMT 07:04 2017 Wednesday ,19 April

1,883 Bahrainis found jobs in March

GMT 14:24 2016 Tuesday ,22 November

Citi and JPMorgan top list of ‘globally banks’
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday