Energy
From The Report: Dubai 2020
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While upstream oil and gas revenue provided much of the financing for Dubai’s early development, the emirate’s road to modernisation has been built around economic diversification. Having historically relied upon natural gas imports for its electricity, Dubai is gradually reducing its dependence on hydrocarbons imports by investing in a range of power generation projects. This includes a number of plans to develop renewable energies, particularly solar power, as the emirate seeks to position itself as a regional and global centre for clean energy solutions. This chapter contains interviews with Saeed Mohammed Al Tayer, Managing Director and CEO, Dubai Electricity and Water Authority; and Ahmad bin Shafar, CEO, Empower Dubai.

Articles from this Chapter

Overview

Capacity boost: The emirate seeks to increase its share of local power production to support a growing population and reduce reliance on imports
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While upstream oil and gas revenue provided much of the financing for Dubai’s early development, the emirate’s road to modernisation has been built around economic diversification. In recent years the government has focused on the expansion of midstream and downstream industries, alongside fundamental changes to power generation. Having historically relied upon natural gas imports for its electricity, Dubai is gradually reducing its dependence on hydrocarbons imports by investing in a…

Analysis

Bright future: Dubai is positioning itself as a regional and global leader for renewables, particularly solar energy
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With the Dubai government allocating $163bn to diversify its energy sector until 2050, including a $27bn fund for renewables, the emirate is rapidly emerging as a global centre for research and innovation for solar and other green power projects. On Track As part of the Dubai Clean Energy Strategy, the emirate aims to increase its share of clean energy sources on the grid to 75% by 2050. As of early 2017, 90% of energy needs in Dubai and the UAE were serviced by natural gas. However, through…

Interview

Clean capacity: Saeed Mohammed Al Tayer, Managing Director and CEO, Dubai Electricity and Water Authority (DEWA), on clean energy
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Interview: Saeed Mohammed Al Tayer How is DEWA working to meet its short-term goals in clean energy and water production? SAEED MOHAMMED AL TAYER: As part of the Dubai Clean Energy Strategy 2050, we aim to have 25% of Dubai’s energy output coming from clean energy sources by 2030. At the same time, 100% of the emirate’s desalinated water will be produced from solar energy and waste heat recovery. This involves making large investments in infrastructure to bring on new supply and maintain the…

Interview

Cool innovation: Ahmad bin Shafar, CEO, Empower Dubai, on new opportunities in district cooling created by global warming
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Interview:Ahmad bin Shafar Which markets present the highest growth potential worldwide for the district cooling industry in the near to mid-term? AHMAD BIN SHAFAR: Global population growth is most robust in countries with hot weather, where keeping cool is important. However, the increasing demand for space cooling is coupled with growing concerns about carbon emissions. This has stimulated the district-cooling market, as district-cooling technologies use 50% less electricity than traditional…