The United Arab Emirates (UAE) is aiming to boost the proportion of low carbon energy in its energy mix from 25% to 50% by 2050.
The announcement was made as it unveiled its energy strategy for the next 30 years.
UAE prime minister Sheikh Mohammed bin Rashid al-Maktoum said it is hoped that by 2050, 44% of the country’s energy needs would be met by renewables, with 38% from gas, 12% from cleaner fossil fuel and 6% from nuclear energy.
To achieve these goals the government said it would invest £135bn by 2050 to meet growing demand and ensure the sustainable growth of the UAE economy.
“Our new energy plan balances supply and demand, and takes into consideration our international commitments in terms of the environment,” said Al Maktoum. “It also seeks to ensure a conducive economic environment for growth across sectors.”
He said that the plan had been a joint effort from all energy-related authorities and all executive councils in the UAE, and was developed under the supervision of the federal government represented by the Ministry of Energy, and the Ministry of Cabinet Affairs and the Future.
Al Maktoum said it was a major step for Dubai and the Emirates as a whole: “Ensuring the sustainability of energy resources guarantees the sustainability of our country’s growth,” he said. ”Drafting the first unified energy strategy in the country based on supply and demand is a significant achievement of the government.
“He who does not think of energy is not thinking about the future,” he added.
The strategy will be implemented in three phases: the first aims to accelerate the move to efficient energy consumption, ensure stable sources of energy and the diversification of energy sources, while the second aims to find new energy-efficient solutions for transportation. The third will focus on research and development as well as enhancing innovation and creativity in the supply of sustainable energy.
The UAE has considerable solar power potential yet currently ranks high in per capita greenhouse gas CO2 emissions.
The UAE is eighth on the World Bank’s worldwide list of CO2 emissions per capita, below Qatar, Kuwait and Bahrain.