Energy transition: UAE’s EGA CEO reveals low-carbon strategy

Energy transition: UAE’s EGA CEO reveals low-carbon strategy

Emirates Global Aluminium (EGA) is aiming to secure over 50% of its operational power from low-carbon sources, its CEO said.

Abdulnasser Bin Kalban told Zawya that the 50% of EGA's power requirements will be met from solar and nuclear power with further details to be announced closer to forthcoming COP28 event in Dubai.

He also confirmed that negotiations for the sale of EGA's captive power generation assets are at an advanced stage but didn't disclose a timeline.

In March 2022, TAQA (Abu Dhabi National Energy Company) joined forces with Dubal Holding to acquire EGA’s electricity generation assets in the UAE with both companies having an equal ownership stake.

The assets, located in Jebel Ali and Al Taweelah has a total of 6,474 megawatts of power generation capacity and utilises combined cycle gas turbines (CCGT) technology.

Kalban said the sale of the CCGT assets, which contribute more than 60% of EGA’s carbon emissions, will pave the way for the aluminium giant to inject more clean energy into its smelting operations, and produce more low-carbon aluminium products. Additionally, the sales proceeds would be used for the company’s expansion activities.

"I believe that this initiative will be a win-win situation for because it will open the door for more