Adnoc and Ewec enter clean energy partnership

  • Date: 27-Oct-2021
  • Source: Trade Arabia
  • Sector:Oil & Gas
  • Country:UAE
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Adnoc and Ewec enter clean energy partnership



The Abu Dhabi National Oil Company (Adnoc) and Ewec (Emirates Water and Electricity Company) have launched a landmark clean energy partnership, the largest of its kind in the oil and gas industry, which will see up to 100 per cent of Adnoc’s grid power supplied by Ewec’s nuclear and solar clean energy sources.





The strategic partnership, launched by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office and Chairman of the Executive Committee of Adnoc’s Board of Directors, makes Adnoc the first major oil and gas company to decarbonise its power at scale through a clean power agreement.





Simultaneously, Ewec will benefit from long-term electricity offtake for its current and future renewable and clean power sources, which include solar and nuclear power, enabling continued investment in transformative innovations to decarbonise the energy sector.





This progressive approach supports the UAE Net Zero by 2050 Strategic Initiative and enhances Adnoc’s pathway to decarbonisation while enabling sustainable future growth. It also underpins the UAE’s bold and strategic approach to enable a lower carbon future.





Sheikh Khaled bin Mohamed bin Zayed Al Nahyan emphasised the importance of capitalising on opportunities to achieve the UAE 2050