Dubai: As the UAE economy grows, the demand for energy is expected to grow the tune of 9 per cent annually, according the UAE State of Energy Report.
The first edition of this report was released on Tuesday on the first day of Water, Electricity, Energy, Technology and Environment Exhibition (Wetex), which was inaugurated by Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and President of Dewa.
While the oil and gas have historically been the dominant fuels powering the UAE economy, the UAE’s energy sector is undergoing a transformation targeting the diversification of the UAE’s energy mix, the report said.
According to the UAE National Agenda 2021, the share of power generation from gas will drop from 98 per cent in 2012 to less than 76 per cent in 2021 as clean energy — mainly renewable and nuclear energy — enter the mix, and energy-efficiency efforts intensify.
