Energy
From The Report: Dubai 2013
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Developed in 2010 and initiated in 2011, the Dubai Integrated Energy Strategy 2030 aims to guide the emirate’s energy sector toward sustainability and enhanced efficiency. Like other energy importers, Dubai faces challenges, including potential price fluctuations. By investing wisely when domestic supplies were abundant, however, much has already been accomplished to solidify the emirate’s position even as oil and gas production decline. Ground was broken in 2011 on a four-unit nuclear power plant in Braka. The first of the 1400-MW reactors is expected to come on-line in 2017, and the three subsequent reactors in 2018, 2019 and 2020. Likewise, more investment in renewable energy, particularly solar, could bring about positive changes for the sector. Although the government enjoys secure gas supplies from neighbours and allies, it is already mapping steps to lead Dubai – and the region – to a more sustainable, post-fossil-fuel future. This chapter includes interviews with Saeed Mohammed Al Tayer, Vice-Chairman, Dubai Supreme Council of Energy, and Saeed Khoory, CEO, Emirates National Oil Company.