Emirates up clean energy capacity to 16% of total mix

• Target of 30% by 2030
• Investing up to $200bn

The UAE’s installed clean energy capacity accounted for 15.6 percent of the country’s total energy mix last year, according to energy and infrastructure minister Suhail Al Mazrouei.

The Gulf state has set a target of 30 percent by 2030 as per the updated UAE Energy Strategy 2050.

Dr Dawud Ansari, a Berlin-based researcher at Stiftung Wissenschaft und Politik, the German Institute for International and Security Affairs, told AGBI the political will within the UAE makes the 30 percent target attainable, despite the deadline being little over six years away.

“With persistently high gas prices, there’s a strong incentive to reduce domestic gas consumption and, instead, free up capacities for exports,” he said.

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The UAE ranked second globally in the energy transition pillar of the Green Future Index 2023, he told the UAE state-owned Wam news agency at Adipec this week.

The third edition of the index ranks 76 nations and territories on their ability to develop a sustainable, low-carbon future.

Over the past 15 years, the UAE has invested more than $40 billion in clean energy projects, Al Mazrouei said.

The number will reach $150-200 billion through 2030 to secure energy demand and maintain sustainable economic growth.