The Abu Dhabi National Oil Company will procure up to 100% of its power necessities from nuclear and solar power after a contract with the EWEC. This endeavor will mark UAE’s most recent goal to achieve net-zero by the middle of this century.
ADNOC to collaborate with EWEC
The state-possessed firm is prepared to become the foremost gas and oil company on the phase of the earth to expansively decarbonize its electric grid at measure, stated ADNOC (Abu Dhabi National Oil Company) on 26th Oct 2021.
The supply of clean energy to ADNOC will commence in January 2022, according to an anonymous spokesperson.
This endeavor was released by the Sheikh Khaled bin Mohamed, chairman of the Abu Dhabi Executive Office, a member of the Abu Dhabi Executive Council, and the Chairman of the executive committee of ADNOC’s directorial board.
The ADNOC-EWEC agreement will also cement a long-term renewable electricity offtake contract for Emirates Water and Electricity Company (EWEC).
Sheikh Khaled bin Mohamed stated that the clean energy collaboration betwixt EWEC and ADNOC facilitates the two chief UAE bodies to expose mutual worth as they utilize the country’s energy resources to steer economic progression, underpinning UAE’s ‘Principles of the 50’ – drafted by the leadership to reveal a strategic road map for the country’s new-fangled era of social and economic growth till 2051.
As a faction of its net-zero goals, the United Arab Emirates is brainstorming to invest AED 600 billion (USD 163.36 billion) in renewable and clean energy resources over the next 30 years.
ADNOC is also seeking new and existing partners in providing practical solutions in the energy transformation.
EWEC, on the flip side, is aiming at a 50% recession in carbon dioxide emissions from all its power businesses in the next 4 years. The utility firm is also looking to enhance investment in desalination projects with reduced energy impact to address growing demands.
EWEC is also emerging with a humongous 2-gigawatts solar photovoltaic plant in UAE. This project in the Al Dhafrah region succeeds in the start-up of the 1.7 gigawatts Noor Abu Dhabi plant.
The atomic power procured for ADNOC will arrive from the Barakah nuclear power plant, controlled by the Emirates Nuclear Energy Corporation.