UAE Aims for 14 GW of Renewable Capacity by 2030

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Researched by Industrial Info Resources (Sugar Land, Texas)--In a resounding commitment to combat climate change, the United Arab Emirates (UAE) government has unveiled an impressive target of 14.2 gigawatts (GW) of renewable capacity by 2030. The UAE is the host of the upcoming COP28 (United Nations Climate Change Conference or Conference of the Parties) international climate summit in Dubai as the country aims for renewables, including nuclear power, to account for 30% of its energy mix by 2030.

Key players like the Emirates Water and Electricity Company (EWEC) (Abu Dhabi) and the Dubai government are actively pushing for solar energy projects to expand the capacity. EWEC has initiated the development of the 1.5-GW Khazna Solar Power Station in Abu Dhabi. Developers have been invited to express their interest, and after a qualification process, the project aims to adhere to a long-term power purchase agreement.

Solar energy remains a primary focus, with additional contributions from alternative sources like nuclear and waste-to-energy as well as a pumped-storage hydropower project.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read a related project report. Industrial Info is tracking 31 capital renewable energy projects, including nuclear power, worth US$28.87 billion in the UAE. Subscribers can click here for a full list.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).