Given the demands of power generation, industry and oil field reinjection, gas is becoming more important to the emirate’s economy. As such, in conjunction with international partners, Abu Dhabi National Oil Company (ADNOC) is turning to tight marginal reserves once thought commercially unviable.
With growth rates for peak electricity demand (5.9%) and water supply (5.9%) remaining high in 2013, the utilities sector has much work to do. Emphasis has largely been placed on additional investment and the supply side. However, the government is increasingly looking at demand-side management as a means of mitigating consumption trends and...
In the decades since the formation of the International Petroleum Investment Company (IPIC) in the early 1980s, Abu Dhabi has become an important investor in foreign energy and energy-related concerns. In addition to the IPIC, which has holdings around the world, both the Abu Dhabi National Energy Company (TAQA) and the Mubadala Development...
A string of investments in both conventional and alternative resources is ensuring that Abu Dhabi sits at the very centre of the global energy map. With vast reserves still promising more than 80 years of production at current rates and conditions, the government is nevertheless keen to develop the latest in enhanced oil recovery (EOR) to maximise...
Some $20bn is being invested to tap deeper into Abu Dhabi’s large reserves of natural gas. Consumption is surging, however, and despite having significant reserves the emirate remains a gas importer. The pressures of demand are leading the government to seek new and innovative techniques for getting the gas it needs. “There are three stages of gas...
With peak demand for electricity expected to more than double between 2011 and 2020, Abu Dhabi is taking steps to encourage a reduction in consumption. This would not only lessen the government’s burden when it comes to subsidising electricity prices, it could also obviate, or at least reduce, the need to invest in new power generation capacity...
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