Dubai Gets Arab Gulf’s First, and Perhaps Last, Coal Power Plant

  • Date: 26-Nov-2020
  • Source: Bloomberg
  • Sector:Industrial
  • Country:UAE
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Dubai Gets Arab Gulf’s First, and Perhaps Last, Coal Power Plant

The United Arab Emirates is set to become the first Arab Gulf country to generate electricity from coal. As governments increasingly turn to cleaner fuels and the price of renewable energy falls, it may also be the last.Dubai is starting up the $3.4 billion Hassyan coal plant, with capacity being increased from an initial 600 mega watts to 2,400 by 2023. Japan's Jera Co. will supply coal under a long-term agreement with Acwa Power of Saudi Arabia, which is developing the plant.