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Sunday, April 02, 2017
The National Energy Strategy 2050, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, is the first strategy to promote the UAE's leadership in the energy sector
This strategy aims at raising the efficiency of the individual and the institutional consumption by 40%, raising the contribution of clean energy in the total energy mix produced in the country to 50% and looking forward to achieve savings of 700 billion dirhams until 2050.
The strategy targets a combination of renewables, nuclear and fossil fuels to ensure a balance between economic needs and the environmental goals, and that the UAE will invest AED 600 billion by 2050.
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