With the participation of Dmilola Ogunbe, CEO and Special Representative of the United Nations Secretary-General for Sustainable Energy for All and Co-Chair of the United Nations for Energy, and His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure, His Excellency Dr. Abdullah Belhaif Al Nuaimi, Minister of Climate Change and Environment, discussed ways to stimulate the energy sector in the country, including its institutions for both sectors. Government and private sector to expand the shift towards clean and renewable energy.
This came during a meeting of the Environmental Economic Council hosted by the Ministry of Climate Change and Environment and held against the background of the “High-level Global Energy Dialogue”, in which Dr. Nawal Al Hosani, the permanent representative of the country to the International Renewable Energy Agency (IRENA), and Eng. Mohammed Al Hammadi, CEO of the Emirates Nuclear Energy Corporation participated. And representatives of many government agencies and private sector institutions working in the energy sector, including the World Green Economy Organization, the Abu Dhabi Department of Energy, and cooling, Masdar and Bee’ah companies.
His Excellency Dr. Belhaif Al Nuaimi said: “International studies and assessments have proven that the transition in the field of energy towards clean and renewable sources brings substantial benefits at all levels. From an economic point of view, every dollar currently spent in the energy transition will achieve benefits ranging from 2 to 5.5 dollars, From a social point of view, it will reduce air pollution and improve public health levels, and from an environmental point of view, it is a key factor in strengthening the capabilities of countries to meet the challenge of climate change and achieve sustainable development goals in order to achieve carbon neutrality, in a way that ensures a better future for current and future generations.
He explained that the UAE, thanks to the forward-looking vision of its wise leadership, has adopted the trend of energy transformation, and has managed, over the past decade, to increase its production capacity from renewable sources from 10 megawatts to 2,400 megawatts in 2019, and this capacity will exceed 9 gigawatts by 2030. The global cost of solar energy projects.
His Excellency called on local energy workers to intensify their efforts to expand energy transformation programs and projects, in line with the directions of the UAE and the directives of its wise leadership to shift towards a green economy system, achieve sustainability, and integrate climate action into future strategies for all sectors.
He also stressed the cooperation of the UAE with the CEO and Special Representative of the Secretary-General of the United Nations for Sustainable Energy for All to stimulate the global movement towards energy transformation to enhance global capabilities to meet the challenge of climate change and achieve carbon neutrality.
Speaking about the UAE’s efforts to transform energy and expand the use of low-carbon sources, His Excellency Suhail Mohammed Al Mazrouei said: “The UAE, thanks to the visions and directives of its wise leadership, its expansion in employing modern technologies and its possession of the necessary capabilities, has become one of the most important players in the use and employment of clean sources for power generation. He pointed to the expansion witnessed in the deployment and use of solar energy solutions, and the adoption of hydrogen as one of the tributaries of power generation recently.
His Excellency pointed out that the country is preparing the first technical regulation for hydrogen-powered vehicles in the Middle East and North Africa region, and Dubai Electricity and Water Authority (DEWA) will display a number of fuel cell vehicles that use hydrogen produced by the DEWA project, which is the first facility for electrolysis of hydrogen, as part of Expo 2020 Solar powered in the Middle East and North Africa. His Excellency drew attention to joining the Abu Dhabi Hydrogen Alliance, which was established by Mubadala, Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Investments Company earlier this year.
Dmilola Ogunbe said: “The level of ambition of the UAE to achieve a comprehensive and clean energy transformation opens up prospects for other countries to follow up on their efforts and move from the planning and discussion stages to actual implementation, which contributes to creating a state of good readiness for the high-level energy dialogue next September.”
She added, “The role played by the policies and projects of the UAE in reducing the cost of renewable energy production has enhanced the capabilities and capabilities of accelerating and stimulating the global pace of energy transformation, and will strongly support efforts to reach zero neutrality,” stressing the importance of the role of the private sector in promoting all these efforts.
Ogunbe commended the outstanding contribution of private sector institutions in the UAE to energy transformation efforts and achieving the seventh goal of the sustainable development goals.