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
30 January 2025
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
27 January 2025
Regional state-owned firms are transforming their strategies and leveraging their resources to position themselves as clean energy powerhouses, and to ensure they maintain influence in a low-carbon world
24 January 2025
Progress on the energy transition has slowed or even stopped, with greater societal engagement we can revitalise it
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised