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UAE’s renewable vision of the future set with new sustainable energy targets
Federal Vice President and Dubai Ruler Sheikh Mohammed Bin Rashid Al-Maktoum unveiled a new set of green energy targets on 10 January. By 2050, the UAE aims to increase the contribution of clean energy in the total mix from 25% to 50% (including 6% from nuclear energy); it also envisages cutting the power generation sector’s carbon footprint by 70% and reducing average residential energy consumption by 40%. The UAE is expected to invest Dh600bn ($163bn) by 2050 to meet rising energy demand.
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