UAE hailed for ‘leading by example’ with Dh200bn renewable energy push – The National

  • Date: 05-Jul-2023
  • Source: The National
  • Sector:Oil & Gas
  • Country:UAE
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UAE hailed for ‘leading by example’ with Dh200bn renewable energy push – The National

The UAE has been praised for turning “promises into tangible action” after setting out plans to triple its renewable energy output by 2030.

Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, on Monday set out an updated national energy strategy involving investments of up to Dh200 billion to meet the increasing demand for energy as the population grows.

The plans, approved by the UAE Cabinet, also include a new hydrogen strategy, a national network for electric vehicle charging stations and the regulation of the electric vehicle market.