Ministers and experts came together to outline plans for sustainable and reliable future at the 24th World Energy Congress
The World Energy Congress attracted more than 15,000 attendees, including 4,000 delegates and 70 government ministers.
Suhail Al Mazrouei, UAE?s minister of energy and industry, outlined the UAE?s ambitious goal of achieving a more sustainable and environmentally friendly future by committing to reduce its carbon footprint by 2050.
?The UAE has delivered the first long-term energy strategy in the region that includes a huge contribution from cleaner forms of energy. Our UAE Energy Strategy is calling for 50 per cent of energy from renewables and nuclear.
?We will continue our efforts as a reliable supplier of hydrocarbons to the world, but our leaders want us to do this in a way that protects the environment, in a way where we together with our national oil company and the rest of our stakeholders reduce our carbon footprint by 70 per cent by the year 2050.
?We are encouraging all countries to diversify their energy mix to include cleaner forms of energy.?
Sultan Ahmed Al Jaber, UAE?s minister of state and CEO, ADNOC, delivered a keynote speech that addressed the need for massive investment in all forms of energy. The industry needs to continue its commitment to oil and gas infrastructure to meet the expected increase in global demand from new industries as a result of changes to the economic and business landscape.
Meanwhile, Abdulaziz Bin Salman Al Saud, Saudi Arabia?s new Minister of Energy, outlined the KSA?s relationship with OPEC and its plans to develop renewable and nuclear energy solutions as part of a diversified energy mix to meet demand in the future.
Awaidha Al Marar, chairman of Abu Dhabi Department of energy, took part in the special session - ?New visions of energy: Succeeding in a context of disruption?, which saw an insightful discussion with other panel members on overcoming the challenges of the energy transition.
