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UAE plans to invest nearly Dh600 billion in clean energy

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  UAE  has set ambitious targets for the energy sector and plans to invest around $163 billion (nearly Dh600 billion) in clean energy to support the goals of climate neutrality. This was expressed throughout a speech by engineer Youssef Al Ali, Assistant secretary for the Electricity, Water and Future Energy Sector at the Ministry of Energy and Infrastructure, that was delivered on his behalf by engineer Fahad Al Hammadi, an energy policy knowledgeable at the ministry. The measures taken in relevancy energy and climate are a high priority on the national agenda and rank high among the UAE’ goals for ensuing fifty years, the ministry said. they’re additionally a serious part within the web Zero by 2050 strategy that the UAE extended to chop down emissions. The Emirates is that the 1st country in the Mena region to announce its goal to attain climate neutrality

Clean energy prices in the UAE are the lowest in the world

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  UAE launched a transparent energy strategy in 2017, and radical developments occurred within the energy sector throughout the past 5 years  Sherif Al Olama said  the costs of fresh energy in the UAE are all-time low in the world. He supplementary that the UAE encompasses a clear and bold approach to diversifying energy sources and pushing the wheel of the transition to wash energy forward, noting that the country is moving forward with the implementation of the National Energy Strategy 2050 through ambitious projects. He same that the UAE is that the solely country in the region that possesses peaceful nuclear energy, and that we have four plants in Barakah, adding that the UAE has plans to expand renewable energy and implement new comes in areas akin to atomic number 1 energy, star energy, hydropower and waste-to-energy conversion, with learning solutions. which will be followed with relation to ancient ways of electricity production. He found out that the UAE seeks to support the