The Middle East Energy

Sitting atop the world’s seventh-largest oil and gas reserves, the UAE will long have a leadership role within the global energy sector. This is supported by the world’s continued demand for energy, which will be advantageous for the UAE economy. In addition, most economic forecasts project annual GDP growth to rise at an average rate of 4% over the next few years. With...

In January 2009, on the eve of the second World Future Energy Summit, Abu Dhabi’s government announced that by 2020 at least 7% of the emirate’s power generation capacity would come from renewable sources. In the half decade since then, Abu Dhabi has become one of the Gulf’s most prominent players in the areas of energy sustainability and...

Steadily rising automobile ownership rates throughout the UAE over the past decade have contributed to a jump in demand for motor fuel in recent years. As of the end of 2013 four companies operated petrol stations in the country, including the distribution arm of the Abu Dhabi National Oil Company (ADNOC Distribution), which is owned by the...

The arrival of nuclear energy in 2017 will bring a considerable change to Abu Dhabi’s power and water sector. It will not only diversify the emirate’s generation mix, but will also have an impact on the cost of electricity generation in the local market. Moreover, it will change the structure of the sector and create opportunities for stand-...

In 2008 Abu Dhabi became a net importer of natural gas for the first time, primarily as a result of rising domestic demand for electricity. According to data from the Abu Dhabi Council for Economic Development (ADCED), a government entity charged with facilitating economic diversification, around 60% of the UAE’s total gas consumption goes...