• The UAE’s largest ground-mounted private solar plant at Nestle Middle East’s Al Maha factory in Dubai. The UAE intends to derive 44% of its power requirements from clean energy by 2050.
    The UAE’s largest ground-mounted private solar plant at Nestle Middle East’s Al Maha factory in Dubai. The UAE intends to derive 44% of its power requirements from clean energy by 2050.
  • This prototype 100-metre diameter solar island, which can rotate to catch the sun's rays, has been created in a joint partnership between the UAE Centre Suisse d'Electronique et de Microtechnique and the government of Ras al Khaimah.
    This prototype 100-metre diameter solar island, which can rotate to catch the sun's rays, has been created in a joint partnership between the UAE Centre Suisse d'Electronique et de Microtechnique and the government of Ras al Khaimah.
  • The Shams 1 solar project generates enough electricity to power 20,000 homes in the UAE.
    The Shams 1 solar project generates enough electricity to power 20,000 homes in the UAE.
  • The Shams 1 project occupies 2.5 square kilometres and has a capacity of 100 megawatts.
    The Shams 1 project occupies 2.5 square kilometres and has a capacity of 100 megawatts.
  • Shams 1 concentrated solar plant in the Abu Dhabi Western region. The UAE accounts for more than half of the GCC’s and Levant’s solar power capacity.
    Shams 1 concentrated solar plant in the Abu Dhabi Western region. The UAE accounts for more than half of the GCC’s and Levant’s solar power capacity.
  • The President, Sheikh Khalifa, with the leaders of the UAE behind him at the opening of the Shams 1 plant in 2013.
    The President, Sheikh Khalifa, with the leaders of the UAE behind him at the opening of the Shams 1 plant in 2013.
  • The UAE's first solar plant, Shams 1 was the largest renewable energy project in operation in the Middle East when it launched in 2013
    The UAE's first solar plant, Shams 1 was the largest renewable energy project in operation in the Middle East when it launched in 2013

Abu Dhabi outlines nine projects to help UAE achieve Net Zero by 2050


Georgia Tolley
  • English
  • Arabic

The Abu Dhabi Department of Energy (DOE) has outlined nine initiatives to help accelerate the UAE's sustainable economic growth while supporting the country's Net Zero By 2050 strategic initiative.

The projects were outlined during the UN's Cop26 climate talks in Glasgow, where world leaders are meeting with the aim of reducing global warming.

It is predicted electricity generation by 2025 will be 7 per cent produced from solar PV sources and 47 per cent from nuclear
Awaidha Al Marar,
Abu Dhabi Department of Energy

Earlier this week, the UAE announced its intention to reach net zero carbon by 2050 – the first country in the Gulf to make this commitment.

The Dh600 billion ($163.3bn) pledge was hailed by UN Secretary General Antonio Guterres as “ambitious” and “important".

The nine existing and planned projects have the combined potential of reducing emissions associated with power generation and water production by at least 50 per cent in the next 10 years.

This would drive total emission reductions of more than 29 million tonnes per year by 2030.

The UAE initiatives include:

  • Noor Abu Dhabi solar PV plant projected to avoid up to 1 million tonne of CO2 emissions per year
  • Barakah nuclear power plant to avoid 21 million tonnes of CO2 emissions per year
  • Al Dhafra 2GW single site solar PV plant which could reduce 2.4 million tonnes of CO2 emissions
  • Two additional solar projects with a combined capacity of 2GW and potential to avoid 2.6 million tonnes of CO2 emissions
  • Two waste-to-energy plants in Abu Dhabi and Al Ain expected to help reduce 2.4 million tonnes of CO2 emissions.
The first and second reactors at the nuclear power plant in Barakah. Christopher Pike / The National
The first and second reactors at the nuclear power plant in Barakah. Christopher Pike / The National

Awaidha Al Marar, chairman of the Abu Dhabi Department of Energy, said Abu Dhabi was committed to leading the transition to renewable and clean energy.

“Building on a 15-year track record of climate innovation and on the UAE’s enduring support for the [2015] Paris Climate Agreement, our commitment is underpinned by a strategic shift to low-carbon technologies with large-scale investment in solar and nuclear energy to drive down emissions,” said Mr Al Marar.

“For instance, Abu Dhabi has developed a world-class sustainability investment vehicle through the launch of Masdar City in 2008 as one of the world’s first carbon-neutral developments.

"Since then, we’ve taken the lead regionally in deploying renewable energy.”

The transition to renewables

The emission-reducing policies include clean energy generation from solar and nuclear sources and the electrification of the water production system through reverse osmosis (RO) technology.

Mr Al Marar said energy production in Abu Dhabi has already pivoted towards renewables.

“Our 1.2-gigawatt Noor Abu Dhabi solar PV plant has increased the share of renewables in our energy mix to 6 per cent of the emirate’s total installed capacity in 2021 and the launch of the first reactor of the Barakah nuclear energy plant in 2020 has also increased the share of carbon-free energy production in the emirate’s energy mix to 7 per cent in 2021,” he said.

Abu Dhabi National Energy Company, along with other partners, is building the world’s largest solar power plant in Al Dhafra region of Abu Dhabi. Photo: Wam
Abu Dhabi National Energy Company, along with other partners, is building the world’s largest solar power plant in Al Dhafra region of Abu Dhabi. Photo: Wam

Once Abu Dhabi’s 2GW Al Dhafra solar PV project in completed in 2023 and the Barakah plant is working at full power, the total clean power generation capacity in the emirate will reach 8.8GW in 2025.

This will increase the share of clean energy capacity in the energy mix to 31 per cent by 2025, from 13 per cent in 2021.

“With these solar and nuclear projects, it is predicted electricity generation by 2025 will be 7 per cent produced from solar PV sources and 47 per cent from nuclear,” Mr Al Marar said.

“This means 55 per cent of Abu Dhabi’s electricity in 2025 will be generated from clean sources and is expected to cut power generation emissions from 40 million tonnes of CO2 emissions in 2020 to approximately 20 million tonnes in 2025,” he added.

Water production

The production of water in the UAE creates high emissions, so Abu Dhabi is introducing reverse osmosis (RO) systems to help decarbonise the water sector. RO systems use relatively less energy compared to distillation.

Mr Al Marar said DOE intends increase the amount of water produced via reverse osmosis from 24 per cent now, to 43 per cent by 2025, thanks in part to the Al Taweelah facility coming on stream.

This has the potential to avoid 1.2 million CO2 emissions per year.

Further projects are also expected to be introduced through 2030 with the aim of increasing the share of RO in Abu Dhabi’s total water production to 80 per cent, reducing 4 million tonnes of CO2 emissions per year.

The DoE also intends to improve energy efficiency in its systems.

The Abu Dhabi Demand Side Management and Energy Rationalisation Strategy aims to reduce electricity consumption by 22 per cent and water consumption by 32 per cent by 2030.

If this is implemented, it will avoid the emission of more than 9 million tonnes of CO2 emissions from the atmosphere – the equivalent of removing 1.5 million vehicles from the road for an entire year.

Solar power plant opens in Abu Dhabi

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What should do investors do now?

What does the S&P 500's new all-time high mean for the average investor? 

Should I be euphoric?

No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.

So what happened?

It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.

"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."

Should I buy? Should I sell?

Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.

"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.

All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.

Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.

Will the rally last?

No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.

"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."

Nancy 9 (Hassa Beek)

Nancy Ajram

(In2Musica)

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

Results

2pm: Handicap (PA) Dh80,000 1,600m; Winner: AF Al Baher, Bernardo Pinheiro (jockey), Ernst Oertel (trainer).

2.30pm: Handicap (TB) Dh100,000 1,600m; Winner: Talento Puma, Xavier Ziani, Salem bin Ghadayer.

3pm: Handicap (TB) Dh90,000 1,950m; Winner: Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.

3.30pm: Jebel Ali Stakes Listed (TB) Dh500,000 1,950m; Winner: Mark Of Approval, Patrick Cosgrave, Mahmood Hussain.

4pm: Conditions (TB) Dh125,000 1,400m; Winner: Dead-heat Raakez, Jim Crowley, Nicholas Bachalard/Attribution, Xavier Ziani, Salem bin Ghadayer.

4.30pm: Jebel Ali Sprint (TB) Dh500,000 1,000m; Winner: AlKaraama, Antonio Fresu, Musabah Al Muhairi.

5pm: Handicap (TB) Dh100,000 1,200m; Winner: Wafy, Richard Mullen, Satish Seemar.

5.30pm: Handicap (TB) Dh90,000 1,400m; Winner: Cachao, Tadhg O’Shea, Satish Seemar.

MOTHER%20OF%20STRANGERS
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UAE currency: the story behind the money in your pockets
The specs

Engine: 2.0-litre 4-cylinder turbo

Power: 240hp at 5,500rpm

Torque: 390Nm at 3,000rpm

Transmission: eight-speed auto

Price: from Dh122,745

On sale: now

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less

Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

Updated: November 05, 2021, 2:19 PM