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1、July 2023 UpdatedUAE Energy Strategy 2050In 2017,the UAE launchedits Energy Strategy 2050,the first unified energy plan in the country tobalancing between supply and demandRenewable EnergyGas Clean Coal Nuclear Energy6%12%38%44%The strategy has been updated based on two main phases:the first phase s
2、ets goals for the year 2030,and the second phase outlines the ambition for the year 2050,paving the way for the UAE to achieve its climate neutrality target by 2050.Bn 7006%50%70%40%Dirhams insavings by 2050 Annual growth in energydemandShare of clean energy by 2050Reduction of carbon emissions from
3、 energy generation operationsIncrease of energy efficiencyby mid-centuryAn ambitious journeyThe climate action journey in the energy sector to reach net zero by 2050201720212022Starting the update of the UAE Energy Strategy 2050Declaring 2023 as theYear of Sustainability by the UAEPresident,HH Sheik
4、h Mohamed bin Zayed Al NahyanUAE Centennial 2071Launch of the UAE Energy Strategy 2050,aquantum leap in the UAEs energy sectorLaunch of the UAE Hydrogen Leadership Roadmapat COP26Converting the Hassyan Power complex to produce electricity from natural gas,instead of clean coal Launch of HostingCOP28
5、Operation of the first nuclear power reactor,while the second and third reactors came online in 2022 and 2023,respectively2021The launch of the UAE Net Zero by 2050 Strategic Initiative2022 Starting the development of the National HydrogenStrategy 2050COVID-19 pandemic2020202020222023202320232071Maj
6、or changes made in the updated version of the UAE Energy Strategy 2050Targets for the year 2030Total cost of generation(in AED billion)500350-4002017 2023Capital investment(in AED billion)337 150-20020172023Unit cost of generation(Fils/kWh)3825-3020172023Energy efficiency40%42-45%2017 2023Economy|in
7、vestment|Environment|Power supply security|Reliability|Flexibility|cost reasonableness|Sustainability|the growthReliability and security of power supply and resilience of systemsGeneral focus is on the transformation of the energy sector.Focus is on specific enablers such as policies and regulatory,
8、technical,and technological tools to facilitate transition in the power sector and achieve net zero by 2050.20172023Emissions reduction70%Achieving Net Zero by 205020172023Energy SectorUAEs Grid Emission Factor Compared to Global Average2021kWh0.556 kgCO22030kWh0.270 kgCO2Maintaining this rank until
9、 20302030 Cleanest electricity produced compared to the Middle Eastand Asia*The UAE generates 10.57%less emissions than the Middle East and Asia average and 9.5%less than the global average based on 2021 data*Increase the share of installed clean energy capacityRenewable EnergyEnergy Transition Pill
10、ar2022Rank 2023Country Score 131Iceland5.42102UAE5.31253Norway5.09184Sweden4.9485Kuwait4.72206Finland4.70167Uruguay4.48128KSA4.46249Brazil4.44810South Korea4.30Energy transition rankClimbing eight positions Triple the capacity of renewable energy2031Clean Energy Contribution of clean energy ingenera
11、tion2030 2035 01020304050607080901002030 2035 0102030405060708090100 Contribution of installed clean energycapacity32%38%30%35%2050Reduction in energy consumption from energy intensive sectors in the UAE40%Reduction in water consumption in the building and agricultural sectors in the UAE51%Reduction
12、 in carbon emissions in carbon intensive sectors in the UAEmtco166Raising the level of behavioral awareness of sustainable energy and water consumptionRecycling construction waste50%Improvement in air quality95%Financial savings from lower consumption of energy and water by implementing dedicated in
13、itiatives in highly intensive sectors and achieving targets compared to BAUAED 226 BBy2050Enablers Implementing latest building systems and supporting policies and legislation to integrate the principles of sustainability in highly intensive sectors in the UAEIncrease efficiency of energy and water
14、consumption in highly intensive sectors in the UAE,in line with the objectives of the National Water and Energy Demand Management Program42%-45%UAE Energy Strategy 2050Net Zero Strategy 2050Circular Economy Policy 2031National Strategy for Wellbeing 2031Energy Efficiency10 steps and enablers have be
15、en identified within three main stages in the National Hydrogen Strategy to reach the targets set by 2031Establish a robust hydrogen economy that can support the countrys nationwide decarbonization effortsPromote innovation in industrial zones in the UAEConsolidate the UAEs role as a leading global
16、producer and supplier of low-carbon hydrogenDevelop a resilient hydrogen supply chain to support the growth of the local industryWe aspire for the UAE to become among the leading countriesfor hydrogen production by 2031In line with the We the UAE 2031 vision Reduce emissions inhard-to-abate sectors
17、by100%15 MTPA Hydrogen production peryearHydrogen centerA globally recognized innovation center for hydrogen5 hydrogen oases Establishing severalhydrogen oases in the UAE2050 Targets25%MTPA 1.4 Establishing a hydrogen R&D centerhydrogen oases 2Targets 2031Green Mobility20232025203020352040204520504%
18、5%13%22%23%43%53%3.2%6%14%24%36%46%60%87930KNumber of chargers installed in 2022-2023End-2050End-2030Number od current and targeted chargers as per the objectives of the UAE DSM Program for the transport sector2025203020352050226,198320,167410,983731,95990,091370,933779,7002,330,676 Share of EV and
19、hybridvehicles Share of electric and hybridbusesNumber of hybrid vehiclesNumber of electric vehiclesGreen MobilityStatus quo of EV penetration locally,regionally,and globally Building Sector The UAE took effective measures to decarbonize the buildingsectoro Reducing energy consumption by 40%and wate
20、r use by 20%from the building sector in the UAE by 2050 Retrofitting existing buildings Raising public awareness of ways to conserve energy and waterresources Driving penetration of Distributed Renewable ResourcesGenerators e.g.rooftop solar panels and solarwater heating Enhancing implementation of
21、energy efficiency standards and rating system for household appliances and equipment Implementing green buildingcodes Increasing efficiency and reliance on recycled wastewater in landscapeirrigationoAchieving a reduction in carbon dioxide emissions equivalent to MTCO 229 compared to BAU by 2050oImproving air quality at construction sites by 95%oRecycling 50%of construction wasteo Saving AED 17 billion by 2050 through reduction in energy and water consumption and implementation of recycling policiesJuly 2023Thank You