UAE Participates in UN-ESCWA Meeting in Bangkok
Sunday, February 25, 2018
In recognition of the key role played by sustainable energy in achieving sustainable development objectives, the UAE headed by H.E Fatima Al Foora Al Shamsi, Assistant Undersecretary for Electricity and Future Energy Affairs, participated in the meeting of the United Nations Economic and Social Commission for Western Asia (ESCWA); on the objectives of sustainable development, and specifically the seventh objective of ensuring affordable access for all to modern, reliable and sustainable energy services.
HE Eng. Fatima Al-Foora explained the UAE's achievement of the seventh goal in a panel discussion about achieving the seventh goal of sustainable development in the Arab region. Her Excellency Eng. Fatima Al-Foora attended the UAE success story by launching Energy Strategy 2050 (50 @ 50), the country's first unified energy plan, balancing production and consumption, global environmental commitments, and ensuring a comfortable economic environment for growth in all sectors.
H.E also participated in a panel discussion on increasing the share of renewable energy in the global mix, showing the UAE's leading position in renewable energy sector and its projects in preparing for the raising of the share of renewable energy to 44% of the energy mix in 2050. She explained that last year has witnessed a significant leap in the project of the Mohammed Bin Rashid Solar Power Complex in Dubai, the largest solar power plant in the region, which aims to reach 5,000 MW in 2030. It has achieved the lowest price of concentrated solar energy with global energy storage of 7.3 US cents / KWh. H.E Fatima Al Foora AlShamsi pointed out that Noor Abu Dhabi, the largest independent solar power plant in the world, includes the development, financing, operation and maintenance of a solar power station using photovoltaic technology at 2.42 US cents / kWh, that is considered as one of the most competitive prices in the world.