UAE’s updated energy strategies to create 50,000 new green jobs by 2030, says Energy Minister

UAE’s updated energy strategies to create 50,000 new green jobs by 2030, says Energy Minister

Abu Dhabi: The recently announced updates to UAE’s Energy Strategy will create at least 50,000 new green jobs by 2030, UAE Minister of Energy and Infrastructure (MoEI) Suhail bin Mohammed Al Mazrouei said on Tuesday. Additionally, the National Hydrogen Strategy, approved by the UAE Cabinet on Monday, will also create thousands of jobs in the hydrogen sector by 2050, said Eng Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI. During a media briefing on Tuesday, the top officials revealed details of the updated version of energy strategies. The strategies were updated to meet its climate and net-zero commitments by 2050. It is said that the UAE will invest between Dh150-200 billion by 2030 to ensure energy demand is met while sustaining economic growth, resulting in financial savings of Dh 100 billion, said the Minister. Al Mazrouei said, “We took on the task of updating the UAE Energy Strategy 2050 to accelerate the energy transition and increase the share of clean energy in our energy mix to become climate neutral by 2050 and help achieve our vision of a sustainable development.” The updated Strategy will support the target of achieving a grid emission factor of 0.27 kg CO2/kWh