Courtesy : www.uaeusaunited.com
Clean energy in u.s.a
In a region with extreme heat and scarce natural water sources, the UAE is taking aggressive action to meet the global climate challenge and believes low-carbon investments will support economic growth and job creation.
Partnerships between the UAE and US are driving advances in sustainability and clean energy technology. Emirati experts and officials work with the US and other international partners to strengthen cooperation around shared sustainability goals. The UAE will host the 28th United Nations Climate Change Conference, or COP28, in 2023.
In January 2023, the UAE announced that Special Envoy for Climate Change HE Dr. Sultan Al Jaber will serve as COP28 President-Designate, taking the lead to host an inclusive and ambitious global climate conference. Alongside Dr. Al Jaber, HE Shamma Al Mazrui and HE Razan Al Mubarak will serve as the UAE’s Youth Climate Champion and UN Climate Change High-Level Champion, respectively.
UAE-US Initiatives
Cooperation with the United States is central to the UAE’s climate plan. The UAE and US together are spearheading the Agriculture Innovation Mission for Climate (AIM for Climate), a joint initiative officially launched at COP26 with a growing coalition of support from 40 countries and over 130 non-government partners. AIM for Climate has already raised $4 billion of increased investment and has set a goal of doubling that investment to $8 billion by November 2022, to accelerate innovation for climate-smart agriculture and food systems over the next five years.
In November 2022, the UAE and US launched the UAE-US Partnership for Accelerating Clean Energy (PACE), which will mobilize $100 billion and deploy 100 new gigawatts (GW) of clean energy in the US, UAE and emerging economies around the world by 2035. The initiative represents a shared commitment by two major energy producers to a responsible and ambitious energy transition. In January 2023, UAE and US officials announced that $20 billion will be allocated to fund 15 GW of clean and renewable energy projects in the US before 2035. This first wave of investments under PACE will be financed through $7 billion in cash equity from the private sector that will catalyze $13 billion through US debt financing and other instruments.
In addition to these initiatives, regular government-to-government coordination advances shared priorities on climate action. US Special Presidential Envoy for Climate John Kerry has traveled several times to the UAE to engage with UAE officials, including Special Envoy for Climate Change HE Dr. Sultan Al Jaber, and highlighted the UAE’s climate leadership. Following bilateral discussions, the UAE and US are committed to accelerating green growth and sustainable development
Click here to learn about the actions and initiatives the UAE Special Envoy for Climate Change is leading to address the climate crisis.
The US and UAE collaborated to establish Mission Innovation, a partnership to double clean energy R&D within 5 years. UAE investments in the renewable energy sector in the United States are helping grow the economy and create jobs while laying the foundation for a more sustainable energy future.
In 2019, UAE company Masdar invested in renewable energy projects in the United States for the first time, acquiring wind farms in New Mexico and Texas. Building on this, in 2020 Masdar announced a second investment in eight additional wind and solar projects totaling 1.6 GW in Nebraska, Texas and California.
Meanwhile, within the UAE, the Massachusetts Institute of Technology (MIT) played a key role in the establishment and development of Abu Dhabi’s Masdar Institute of Science and Technology, which is part of Khalifa University of Science and Technology, a world-class, research-intensive institution that develops world leaders and critical thinkers in applied science and engineering. The Masdar Institute is the UAE’s premier cross-disciplinary institution for clean energy, water and the environment, Masdar Institute continues to seek the most efficient and cost-effective solutions for the UAE.
UAE Adoption of Clean Energy
The UAE has pioneered renewable energy in the heart of the hydrocarbon industry and has committed to reach net zero emissions by 2050. This complements the UAE’s second Nationally Determined Contribution (NDC) submitted in December 2020, which made it the first country in the region to commit to an economy-wide reduction in greenhouse gas emissions by 2030. The UAE updated its second NDC in September 2022 by increasing its emissions reduction target from 23.5 percent to 31 percent by the end of the decade.
The UAE is home to three of the largest and lowest-cost solar plants in the world and has integrated peaceful nuclear power into its energy grid. With the support of US partners, the Barakah Nuclear Energy Plant will save up to 21 million tons of carbon emissions each year once fully operational.
The UAE is a reliable producer of low-carbon energy and will continue to meet global energy needs today while investing in new energy systems of tomorrow. Recognizing that the world will continue to rely on oil and gas for the midterm, the UAE is a leader in carbon capture, and is reducing the carbon intensity of its production operations. It operates the region’s first industrial-scale carbon capture, utilization and storage (CCUS) facility, which captures 800,000 tons of carbon dioxide and will expand six-fold by 2030. In addition, the Abu Dhabi National Oil Company now sources 100 percent of its grid electricity from zero-carbon nuclear and solar power.
“The US and the UAE are cooperating on a number of initiatives and we’ve had a real partnership on this whole issue of the climate crisis.”
– US Special Presidential Envoy for Climate John Kerry, October 2022
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Through over 15 years of R&D and policy work, the UAE has brought the cost of solar power below that of natural gas. Solar energy is now available at 1.32 cents per kilowatt hour, the lowest rate in the world.
Dubai Electricity and Water Authority (DEWA) is working with GE to build the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, the world’s largest single-site solar project. At its planned total capacity, it will power up to 1.3 million homes. The solar park will use GE’s liquid-cooled solar inverters to convert solar panel output to grid-ready electrical currents.