Media ININ Economy We Trust
Media IN ABU DHABI – 27th-06-2019
Abu Dhabi’s comprehensive energy strategy was presented to an audience of global leaders with the participation of the Abu Dhabi Department of Energy (DoE) at the fourth annual International Energy Agency (IEA) Global Conference on Energy Efficiency, which took place last June 24-25 in Dublin, Ireland.
Representing DoE, the government entity mandated to ensure excellence and sustainability in the UAE capital’s energy sector, was DoE Undersecretary, who presented his department’s analysis and plans for the future of energy in Abu Dhabi before world leaders and heads of the international energy sector.
Among the key topics discussed was how DoE was established in March 2018 to be the key policy-maker and regulator of the Abu Dhabi energy sector during a period of paradigmatic shift away from fossil fuels towards renewables, a move which aims to reduce emissions and avoid runaway climate change.
The audience were introduced to Abu Dhabi’s role as a leader in modernizing energy systems since unbundling the sector in 1998, and how over the past three decades the emirate has provided power and water to approximately two thirds of the UAE, sustaining both itself and other large parts of the Union.
Additionally, the role of the UAE capital as a prime mover in opening the power sector to private sector investment, becoming the first entities in the region to initiate tariff reforms for both power and water – a fundamental shift to promote responsible use of natural resources and cost efficiency.
The IEA works to ensure reliable, affordable and clean energy for its member countries, focusing on four main areas: energy security, economic development, environmental awareness and worldwide engagement.
