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Tuesday, November 5, 2024

Al Mazrouei: The UAE is committed to meeting the world’s energy needs

Al Mazrouei: The UAE is committed to meeting the world’s energy needs

In this regard, and within the efforts of the State The UAE On promoting clean and renewable energy solutions this year, Al Marzoui said, “The fourth unit of the Barakah Peaceful Nuclear Energy Plant has been commissioned and we have ambitious projects to accelerate the transition in the sector.”

He said, “We in the UAE realize the need to enhance investment in various forms of energy, especially clean and renewable ones, to meet the growing demand for energy,” stressing that the leadership of the UAE is always looking to the future, so we are committed to expanding our investments in alternative energy, and adding more Improvements to the sector with the aim of supporting sustainability and the state’s commitments in this field.

He added, during ADIPEC 2024, in a ministerial session entitled: “New World Leaders and the Energy Transition”: In light of the rapid global changes and the accompanying increase in future global demand for energy (oil), we need more than ever to pump more oil. Investments aim to meet this growing demand, and we are fortunate with wise leadership that invests in energy, especially oil and gas, according to a future vision that aims to triple investments in the sector in the coming years in parallel with relying more on clean and renewable energy.”

He continued, saying: “Our efforts are to diversify the energy mix and increase reliance on energy sources Clean energy In parallel with our efforts to reduce carbon intensity in oil and gas operations by an additional 25 percent over the next decade, stressing that energy in the UAE is considered one of the cleanest in the world, as carbon dioxide emissions do not exceed 27 grams per kilowatt-hour, which is half the global average, and that we seek to Our energy will be cleaner in the near future. Thanks to the visions of the wise leadership and the huge investments in this field.”

The UAE Minister of Energy and Infrastructure added, Suhail Al Mazroui“To ensure that countries have access to safe, clean, and affordable energy, they must diversify energy sources, enhance energy security, encourage its efficiency and preservation, in addition to ensuring appropriate costs, and increasing investment in technology and innovation, and that by achieving a balance between these priorities, it is possible “For countries to move towards a safe, sustainable and accessible energy system for all, which strengthens their commitment to national interests and global climate goals,” according to the Emirates News Agency.

He highlighted the unique plans developed by the UAE with the aim of diversifying the local energy mix, which include large investments in the fields of nuclear and renewable energy, as well as carbon capture from oil and gas facilities.



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