8/10/2019 Factsheet Power Generation Water Resources

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Factsheet: Power Generation/Water Resources UAE1

OverviewThe UAE has shown tremendous developments with respect to electricity production and consumption.The UAE is expected to post nearly 40% growth in electricity generation by 2020 to match growingdemand, which is projected to grow by 10% per annum The Emirates Nuclear Energy Corp (ENEC) is

planning to issue an international tender to buy nuclear fuel needed to begin operating the countrysnuclear plants. The nuclear regulator will agree to contracts for obtaining the uranium, converting it andenriching the fuel for use in its plants nuclear reactors, which expects to start its first nuclear power plantin 2017.

Best Prospects

Under Dubais Integrated Energy Strategy 2030, the emirate plans to reduce energy imports and climatewarming carbon dioxide emissions by 30 percent by 2030, using its own solar power and nuclear powerimported from neighbouring emirate Abu Dhabi to reduce reliance on gas. Dubai has unveiled plans for a1,000 MW solar energy park to diversify its energy mix and reduce dependency on oil and gas. The solarpower project will be implemented by the Supreme Council of Energy (SCE) in Dubai and managed and

operated by Dubai Electricity & Water Authority (DEWA). Its first phase will be built at a cost of Dh120million ($32.6 million) and aims to generate 10 MW of power by the fourth quarter of 2013. The fullsolar energy project is intended to eventually have a production capacity of 1,000 MW.

OpportunitiesThe UAE is one of the highest per capita electricity consumers in the world, with soaring temperaturesdriving up air conditioner use from June-September. Additionally, the UAE population is expected tocontinue its rapid expansion, with GDP per capita and power consumption per capita forecast to increaseby 22% by 2015. The UAE will invest tens of billions of dollars in various power generation projectsduring 2011-2015 and the UAE Ministry of Economy estimates that investment opportunities in themarket for alternative and sustainable energy projects for the private sector will be around $100 billionthrough 2020.

Web Resources

Abu Dhabi Water and Electricity Authority: www.adwea.aeDubai Electricity and Water Authority: www.dewa.gov.aeFederal Electricity and Water Authority: www.fewa.gov.aeInternet website: www.powerandwaterme.com/Industry_NewsInternet website: www.world-nuclear.org/info/UAE

Exhibitions/Conferences:

World Future Energy Summit Abu Dhabi: January 15-17, 2013

Water Energy Technology Environment Exhibition (WETEX): April 15-17, 2013

1http://export.gov/unitedarabemirates/build/groups/public/@eg_ae/documents/webcontent/eg_ae_052507.pdf