UAE To Spend $35bn On Reducing Gas Imports For Powergen

UAE Minister of Energy Suhail al-Mazru’i says the country is investing $35bn to diversify its energy sources and reduce its dependence on imported natural gas for electricity generation. He says the UAE aims to reduce gas-burning from almost 100% of power generation today to 70% by 2020-21.

The UAE’s current power generating capacity amounts to 28.85GW. All of this is gas-fired capacity, apart from two solar plants of 113MW combined.

More than 3.3bn cfd of gas would be required to operate these plants at full output capacity. The $35bn outlay will include non-gas burning projects in a list of power plants with a combined capacity of 10.57GW, which are due online by the end of 2021. While two new gas-fired projects with a combined capacity of 2.3GW are planned – requiring an additional 260mn cfd of gas – the new fuel sources will include nuclear (5.6GW), coal (1.47GW) and solar (1.2GW – MEES, 25 September). (CONTINUED - 375 WORDS)