UAE Sets Out Nationwide Power Strategy, Targets 50% ‘Clean Energy’ By 2050

Shaikh Muhammad bin Rashid Al Maktum, Prime Minister of the UAE and ruler of Dubai, has announced an energy strategy for the UAE which calls for Dh600bn ($163.4bn) of investment in new generating and supply capacity and energy efficiency in the period to 2050.

The new strategy is based on anticipated annual growth in electricity consumption of 6% and includes a 50% contribution from “clean energy” – including nuclear as well as renewables projects.

The strategy aims to have 44% of electricity supply from renewables by 2050, with 38% coming from gas-fired plants, 12% from ‘clean coal’ plants and 6% from nuclear. Additionally, the strategy calls for “slashing residential energy consumption by 40%.” Expected annual consumption growth of 6% suggests the government lacks confidence this initiative will succeed. (CONTINUED - 618 WORDS)

DATA INSIDE THIS ARTICLE

table UAE Power Generation Capacity
chart Uae Capacity Plan For 2050 (%)
chart The Road To 2050 (Capacity)
chart Uae’s Currently Planned Additions (Gw)