Dubai Municipality and utility provider, Dubai Electricity and Water Authority (Dewa), are studying the installation of a floating photovoltaic solar panel system on a deep tunnel rainwater drainage project.
The project to establish solar lakes will contribute to the production of clean energy and the station will float on artificial reservoirs near Al Maktoum International Airport. The lakes will receive rainwater and surface water from neighbouring areas, which will be stored and then discharged to the deep tunnel, Dawoud Al Hajri, director general of Dubai Municipality, said on Saturday.
The presence of the station on the water will help reduce the heat surrounding the solar panels and raise their efficiency, Mr Al Hajri said.
Dubai aims to generate 25 per cent of its energy requirements from renewable sources by 2030 and 75 per cent by 2050, as part of its clean energy drive.
Dewa, on June 9, announced a tender for consultancy services to study, develop and establish floating solar power plants.
The consultancy contract includes a feasibility study and preparation of technical requirements for the construction of floating solar PV panels, environmental studies and marine requirements, the utility said.
Dewa is also building the world's largest solar park in Dubai's desert as the emirate looks to reduce reliance on natural gas as the main energy source for electricity. The Mohammed bin Rashid Al Maktoum Solar Park, which is expected to generate 5,000 megawatts of electricity by 2030, is in its fourth phase of development.
Dubai’s utilities sector will require Dh86 billion investment over the next five years, with 45 per cent of it coming from the private sector.
UAE currency: the story behind the money in your pockets
In Search of Mary Shelley: The Girl Who Wrote Frankenstein
By Fiona Sampson
Profile
Neil Thomson – THE BIO
Family: I am happily married to my wife Liz and we have two children together.
Favourite music: Rock music. I started at a young age due to my father’s influence. He played in an Indian rock band The Flintstones who were once asked by Apple Records to fly over to England to perform there.
Favourite book: I constantly find myself reading The Bible.
Favourite film: The Greatest Showman.
Favourite holiday destination: I love visiting Melbourne as I have family there and it’s a wonderful place. New York at Christmas is also magical.
Favourite food: I went to boarding school so I like any cuisine really.
UAE currency: the story behind the money in your pockets
One in four Americans don't plan to retire
Nearly a quarter of Americans say they never plan to retire, according to a poll that suggests a disconnection between individuals' retirement plans and the realities of ageing in the workforce.
Experts say illness, injury, layoffs and caregiving responsibilities often force older workers to leave their jobs sooner than they'd like.
According to the poll from The Associated Press-NORC Centre for Public Affairs Research, 23 per cent of workers, including nearly two in 10 of those over 50, don't expect to stop working. Roughly another quarter of Americans say they will continue working beyond their 65th birthday.
According to government data, about one in five people 65 and older was working or actively looking for a job in June. The study surveyed 1,423 adults in February this year.
For many, money has a lot to do with the decision to keep working.
"The average retirement age that we see in the data has gone up a little bit, but it hasn't gone up that much," says Anqi Chen, assistant director of savings research at the Centre for Retirement Research at Boston College. "So people have to live in retirement much longer, and they may not have enough assets to support themselves in retirement."
When asked how financially comfortable they feel about retirement, 14 per cent of Americans under the age of 50 and 29 per cent over 50 say they feel extremely or very prepared, according to the poll. About another four in 10 older adults say they do feel somewhat prepared, while just about one-third feel unprepared.
"One of the things about thinking about never retiring is that you didn't save a whole lot of money," says Ronni Bennett, 78, who was pushed out of her job as a New York City-based website editor at 63.
She searched for work in the immediate aftermath of her layoff, a process she describes as akin to "banging my head against a wall." Finding Manhattan too expensive without a steady stream of income, she eventually moved to Portland, Maine. A few years later, she moved again, to Lake Oswego, Oregon. "Sometimes I fantasise that if I win the lottery, I'd go back to New York," says Ms Bennett.
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