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Abu Dhabi 09-09-2019
HE Eng. Awaida Murshid Al Murar, Chairman of Abu Dhabi Department of Energy, said that the hosting of the 24th World Energy Conference is a qualitative addition to the emirate’s march and a confirmation of its leading position as a ‘World Energy Capital’ which attracts the most prominent decision makers and policy makers, ministers, heads of companies, investors and researchers specialized in the fields of energy sector It is a strong impetus to continue our drive to manage Abu Dhabi’s drive towards a new energy era based on efficiency, sustainability and environmental responsibility.
His Excellency said that the world is currently witnessing an unprecedented change in the energy sector driven by a combination of technological innovations, new supply and demand dynamics that affect consumption behavior and policy-making frameworks; therefore, we are at a real crossroads leading us to lead the energy sector towards clean and renewable alternatives. Being the most authoritative approach to achieving the UN Sustainable Development Goals and the outcomes of the 2015 Paris Climate Agreement, Abu Dhabi and the UAE take seriously all of its energy sector programs and strategies.
Al Murar added that the World Energy Conference 2019 provides an overview of the developments witnessed by the energy sector in Abu Dhabi in all its aspects starting from the restructuring process in 2018, which was characterized by separating the regulatory and legislative role from the operational role of the sector while stimulating the process of effective transformation of the energy sector and activating the participation of the private sector in the market. This week, Abu Dhabi’s Demand Side and Energy Efficiency Management Strategy 2030 is one of the most significant achievements of a joint effort by a group of local authorities to reduce electricity consumption by 22% and water by 32% by 2015. In 2030 based on the baseline for 2013.
The world is witnessing a growing demand for energy products and technologies. We have developed the Abu Dhabi Integrated Energy Model, or “Energy Cube”, and provided it with advanced technical tools that enable us to test and predict the results of energy and economy-wide policies. The model is able to provide future perspectives on the realities of the sector in Abu Dhabi over the next 10 to 30 years.
