Wednesday, May 12, 2021

EIC Connect – Clean Energy UAE 2021

This two-day conference and virtual exhibition will provide updates on the current market and deliver supply chain briefings on current opportunities. We will also cover areas for those new to the market or looking to export for the first time, allowing you to navigate through the various actions required for you to undertake business in the UAE.

The UAE currently has an oil production capacity of just over 4 million bpd. The country has the sixth-largest crude oil reserves in the world, with approximately 98 billion barrels at present.

The energy sector continues to play an important role in shaping the UAE’s internal and external policies. Since the discovery of oil and gas more than half a century ago, it became a central player in global energy market.

While oil and gas have historically been the dominant fuels powering the UAE’s economy, the country’s energy sector is undergoing a transformation targeting the diversification of its energy mix. The UAE Energy Strategy 2050 targets an energy mix that combines renewable, nuclear and clean energy sources to meet the UAE’s economic requirements and environmental goals as follows:

  • 44% clean energy
  • 38% gas
  • 12% clean coal
  • 6% nuclear.

The UAE government aims to invest AED 600 billion by 2050 to meet the growing energy demand and ensure a sustainable growth for the country’s economy. In order to support this the UAE is looking to add more renewable capacity to meet power needs. Dubai aims to generate 25% of its energy requirements from renewable sources by 2030 and 75% by 2050 as part of its clean energy drive. Abu Dhabi, the hydrocarbons centre of the UAE, is looking to generate half of its power requirements from clean sources by 2030.

Clean Energy UAE 2021 offers the ideal opportunity to network with a focused group of your potential business partners, through pre-booked one-to-one meetings with our speaker companies, in the exhibition hall and at supply chain briefings.

Why attend:

  • Learn about upcoming projects in the region
  • Understand more about the ‘energy transition’ within the UAE
  • Attend company presentations and book one-to-one appointments
  • Virtual Exhibition showing best of supply chain
  • Speedy Networking session allowing you to connect with industry colleagues and clients.

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