Wednesday, October 9, 2013

Dubai Supreme Council of Energy signs MoU with Dubai Green Economy Partnership

The Dubai Supreme Council of Energy and the Dubai Green Economic Partnership signed an MOU at the 25th regular meeting of the Dubai Supreme Council of Energy, chaired by HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy. The meeting was attended by HE Ahmed Butti Al Muhairbi, Secretary General of the Council, and other members including Abdullah Kalban, CEO of Dubai Aluminium Company (DUBAL), Saeed Khoory, CEO of ENOC, Abdullah Abdel Kareem, Director General of the Department of Oil Affairs, Waleed Salman, Chairman of the Dubai Carbon Centre of Excellence, Jeff Severin, GM of Dubai Petroleum Establishment, and representatives from DUSUP.
The meeting discussed the upcoming agenda and latest updates on the Mohammed bin Rashid Al Maktoum Solar Park and the strategy for carbon reduction in Dubai.
During the meeting, the Supreme Council of Energy, represented by HE Ahmed Butti Al Muhairbi, and the Dubai Green Economy Partnership, represented by Waleed Salman, signed a Memorandum of Understanding (MoU) to strengthen collaboration and establish a strategic partnership to reduce carbon emissions, promote sustainable trade, and boost investments in the green economy across national, regional, and international markets.
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, has launched the 'Dubai Green Economy Partnership,' which supports the Green Economy for Sustainable Development initiative.
"The Council members reviewed the final preparations for the planned opening of the first phase of the Mohammed bin Rashid Al Maktoum Solar Park towards the end of October with a capacity of 13 MW. We also discussed our short- and long-term projects and expansions," said Al Tayer.
"The Mohammed bin Rashid Al Maktoum Solar Park complements the Dubai Integrated Energy Strategy 2030 to diversify energy sources so that by 2030, Dubai's total power output will be 71% generated by natural gas, 12% from nuclear energy, 12% from clean coal and 5% from solar power. By 2020, the Solar Park will produce 1% of Dubai's total power output," added Al Tayer.
"At the 23rd regular meeting, the Supreme Council of Energy agreed to establish a Supreme Committee to implement a carbon abatement strategy in Dubai. The Board of Directors reviewed the recommendations and formed a Technical Committee to identify the required frameworks and mechanisms to reduce carbon emissions during the next five years starting from 2015. The Committee will work closely with organisations from various fields including power generation, waste management, transportation, civil aviation, banking, real estate, investments, hospitality and development," said Al Tayer.
The Council members reviewed a presentation on the World Green Economy Summit 2014 which will take place on 14-16 April, 2014, in conjunction with the Water, Energy, Technology and Environment Exhibition (WETEX 2014).
The Summit aims to promote the global position of Dubai, and provide a platform for leaders and experts to discuss the strategies, policies and plans for the green economy and explore its potential in the region.