UAE region's fastest-growing clean energy market: Suhail Al Mazrouei

File Photo

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has highlighted the UAE's leading position in clean and renewable energy, emphasising its crucial role in stabilising global energy markets and driving sustainable development through significant domestic energy investments.

He noted that the UAE's energy strategy prioritises a balanced approach, integrating traditional and clean energy sources, a cornerstone of both the UAE Energy Strategy 2050 and the National Hydrogen Strategy 2050.

In statements to the Emirates News Agency (WAM) on the occasion of Abu Dhabi Sustainability Week, Al Mazrouei reiterated the UAE's unwavering commitment to achieving its Net Zero 2050 Strategy by advancing ambitious renewable energy projects. He underscored the nation's continued efforts to ensure a sustainable and diversified energy sector, fostering long-term growth and innovation.

Addressing the expansion of electric vehicle infrastructure, Al Mazrouei explained the implementation of a national policy to encourage the adoption of electric and hybrid vehicles. This policy includes a strategic pricing framework for fast and regular charging services, incentivising investments in the necessary infrastructure.

Al Mazrouei also highlighted the UAE's achievements in global energy competitiveness indicators. Under the leadership's guidance, the UAE secured top rankings in seven key indicators in 2024.

The minister reaffirmed the Ministry's dedication to achieving sustainable development goals in collaboration with federal and local authorities. This includes implementing impactful projects and initiatives that support the growth of national industries, particularly in sectors such as petrochemicals, hydrogen, and ammonia.

He emphasised that these endeavours are crucial for solidifying the UAE's position as a global leader in the clean and renewable energy sector.

More from Business News

News

  • Mohammed bin Rashid Al Maktoum Global Initiatives resumes food aid to Gaza

    In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) has announced the resumption of food aid deliveries worth AED43 million to the Gaza Strip,

  • DoH launches Future Health Initiative

    Under the directives of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Future Health – A Global Initiative by Abu Dhabi (Future Health) has been launched by the Department of Health – Abu Dhabi (DoH).

  • Salik to apply peak-hour toll rates for Dubai Ride

    Toll gate operator Salik said it will charge peak-hour fees on Sunday, November 2, as the Dubai Fitness Challenge's first flagship event - Dubai Ride - gets underway.