Dubai: Shaikh Ahmad Bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy (DSCE), welcomed the annual meeting of the Arab Energy Club in Dubai yesterday, the first time the gathering has been held here.
In a speech delivered on his behalf, Saeed Mohammad Al Tayer, Vice-Chairman of the DSCE, introduced the objectives of the Council, the authority responsible for developing strategies to manage Dubai's water and electricity needs and overseeing the key organisations involved in the emirate's energy sector.
Al Tayer said that the Dubai Integrated Energy Strategy 2030, developed by the Council in 2010, had entered its implementation phase aimed at ensuring sustainable energy supplies and efficient management of the demand for power, water and fuel for transportation.
He said that the strategy would sustain Dubai's position as a financial and commercial hub and a bridge between East and West, in line with the vision of the Emirate's Ruler.
Imported gas
The Dubai Integrated Energy Strategy 2030 seeks to reduce dependence on imported gas by achieving 5 per cent of energy supplies from solar, 12 per cent from clean coal, 12 per cent from nuclear, and the remaining 70 per cent from gas.
Al Tayer concluded his remarks by saying Dubai would devote adequate resources to realise sustainable supplies of water and energy in support of all sectors of the local economy, from trade to transport to tourism.
The Arab Energy Club is a non-profit organisation registered in Lebanon and dedicated to knowledge sharing on key issues affecting oil and gas markets and the wider energy sector, and their implications for the economic and social development of Arab countries.
The DSCE was formed as an independent legal entity in August 2009 under Law 19 of 2009, issued by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
