The UAE has bid for Cop28 hosting duties
UAE declares 2050 net-zero target
Opec member announces initiative ahead of Cop26
The UAE has announced an initiative to reach net-zero emissions by 2050. In a statement released by the Emirates News Agency, Awaidah Murshid al-Marar, chairman of the Department of Energy, highlighted that the UAE has installed over 3.1GW of solar over the past decade and is developing the Barakah nuclear power plant—which will supply 25pc of the country’s energy demand. Marar expects nuclear to power 47pc and solar 7pc of the UAE’s electricity by 2025, thereby halving CO₂ emissions from the domestic energy sector. This would take the UAE past the 50pc clean energy target set out in its National Energy Strategy 2050. The UAE also aims to reduce electricity consumption by 22pc and water cons
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells
