32.8 C
Dubai
Thursday, September 19, 2024
spot_img

300 global leaders showcase advanced technologies to accelerate regional project development and return on investment

[ad_1]

The World Future Energy Summit is the world’s leading future energy and sustainability business event, hosted by Masdar as part of Abu Dhabi Sustainability Week and in partnership with the Abu Dhabi Department of Energy and NEOM Energy and Water, at The second and penultimate day concludes at Abu Dhabi ADNEC assessing net zero and decarbonization strategies for the benefit of governments around the world. New technologies for carbon capture and hydrogen use are discussed and are particularly relevant today as governments have pledged to achieve net-zero emissions in their campaign against climate change. The UAE leads the MENA region with its “Net Zero by 2050” strategic initiative.

The International Renewable Energy Agency (IRENA) predicts that between now and 2050, global investment in the energy transition must increase by 30% over planned investment, reaching $131 trillion. The main forum of the World Future Energy Summit 2022 discussed the future of carbon capture, how the use of hydrogen will increase and play a central role in decarbonisation, supply electrification and the use of alternatives such as biofuels, waste-derived fuels and waste.

On day two of the World Future Energy Summit 2022, key regional government entities including Abu Dhabi Energy, NEOM, TAQA, Tadweer, ENEC and EWEC presented case studies and presentations. Regional and global leaders from Total, BP, NEXTracker, Sungrow, GHD, Ecoppia and Rolls-Royce discuss carbon capture and storage, hydrogen use, technology-enabled waste management, future mobility, solar and renewables energy.

Huda Masalmeh from Eedama moderated the Climate and Environment Forum and HE Eng delivered the first presentation. Yousef Al Ali, Assistant Under-Secretary for Electricity, Water and Future Energy Sector, Ministry of Energy and Infrastructure, UAE. He said: “The UAE is the first country in the MENA region to announce a ‘Net Zero by 2050’ strategic initiative. To achieve our net zero emissions target, we plan to invest $163 billion to diversify our energy mix, Decarbonize hard-to-mitigate industries, build the infrastructure they need, and improve energy efficiency. We are driving clean electrification through solar and nuclear power, implementing transparent policies, improving energy efficiency, reducing carbon and methane emissions, and driving innovation to Commercialize hydrogen. Our strategy aims to free up capital flows to support the clean energy transition and ensure reliability and affordability.”

Tom Samson, CEO of Rolls-Royce SMR Ltd. said: “We are showing how our technology can enable decarbonisation processes, especially in energy-intensive industries. Each SMR (small modular reactors) to provide 470 MW of clean electricity, ideal for the production of low-carbon hydrogen, synthetic jet fuel, and energy-intensive users such as desalination and data centers. SMRs can also feed green electricity into the national grid, providing continuous, scalable, and energy-efficient cost-effective clean energy.”

Other speakers and panelists at the forum were from Abu Dhabi Energy Department, Qamar Energy, IRENA, Pinsent Masons, Emirates Steel Industries, GE Gas Power EMEA, Siemens Energy, Impact Adventures, Earth Matters, Distant Imagery Services, Engie, Longi , ITP Media Group, GreenFootprint, PricewaterhouseCoopers, the Red Cross and the Mohammed bin Rashid School of Government.

At the Solar and Clean Energy Forum, SNC Lavalin published “Is Net Zero 2050 a Goal at All Costs?”. Other speakers were from Tribe, HSBC, GHD, Saudi Electricity Company, Dentons, Alcazar Energy, Middle East Solar Industry Association, Ministry of Future Energy, UAE Ministry of Energy and Infrastructure, TAQA, Mitsubishi Heavy Industries EMEA, ADNOC and Siemens Energy, Shearman, Dii , Engie Hydrogen and Linde.

According to He Ying. Yousef Al Ali, “The UAE plans to have 20 GW of solar capacity by 2030. In addition, the Barakah nuclear power plant, fully operational by 2024, will meet 25% of the UAE’s electricity needs and reduce carbon dioxide emissions by around 21 million tons per year The most exciting development, however, is the potential of the hydrogen economy, as the world strives to achieve net zero commitments. Hydrogen is a key measure in the fight against climate change, and the decarbonisation of hard-to-abate industries such as steel, cement, aviation and shipping is very important. important.”

Mohammed Saeed Al Shemeili of Abu Dhabi Waste Management Company (Tadweer) welcomed the audience at the EcoWASTE Forum with a presentation on “Managing Medical Waste During a Pandemic”, followed by a presentation on “Using Technology to Mapping Waste Management Services” Case study by Bee’ah and courtesy of Green Good EcoTech. Dubai Tech presented a case study on “Connected Devices and Automation: Where Technology and Waste Management Meet”. Malek Sukkar, CEO of Averda, said: “We are delighted to be returning this year to EcoWASTE, one of the world’s premier events for sustainable waste management. The event was a great opportunity not only to meet our existing customers, but also A great opportunity to meet potential clients interested in the high quality, innovative and sustainable waste management services Averda offers.”

The Smart City Forum featured Wiebe Wakker as he recounted his experience driving the electric “Blue Bandit” across 34 countries from the Netherlands to New Zealand in 1,222 days. Moderated by Accenture’s Hesham Ghaleb, HE Eng delivered a welcome speech on “Sustainable Energy and Water for Urban Needs”. Ahmed AlKaabi, Assistant Under-Secretary for Oil, Gas and Mineral Resources, Ministry of Energy and Infrastructure, UAE. Panel discussions include Seabubbles, KPMG, EV Lab, SNC-Lavalin, Zutari, Atkins Acuity, Fenix, Clean Energy Business Council, Eveons, Masdar, Engie, UPS, Toyota, Dell Technologies, Bloqwork, Axon, University of Wollongong Dubai, Clay De & Co. and PricewaterhouseCoopers.

Leading UAE developer Aldar Properties earlier pledged to reduce energy consumption by 20% across 80 of its properties, reducing carbon emissions by 80,000 tonnes a year and saving AED40 million (approximately US$11 million) a year.

George Berbari, CEO of DC Pro Engineering, welcomed the audience at the Water Forum, followed by a keynote speech titled “Building Industry Resilience through Clean Energy” by Gavin John Van Tonder, Executive Director of Water, NEOM Energy & Water. Other speakers were from EWEC, Golden Sands Management, TAQA, Khalifa University, Engie, Masdar, DC Pro Engineering, Sharjah Electricity and Water Authority, Golden Sands Management and Siwatec Wassertec. Members of the food safety team include Anwar Gargash Diplomatic Academy, International Centre for Biosalt Agriculture, Water Resources, WSP, Stantec, Abu Dhabi Environment Agency, Food Technology Park, Madar Farms, Pure Harvest Smart Farms, RainMKrs Capital and Red Sea Farms.

The World Future Energy Summit 2022 attracts the best minds and showcases innovations that support a sustainable future. It features seven national pavilions, including Japan, Germany, China, Italy, South Korea, France and Switzerland, connecting emerging markets with top global technology players. 18 new sustainability innovations from around the world were showcased as part of ‘Innovation’, a global Masdar City knowledge exchange initiative. There is only one day left for the face-to-face business, innovation and knowledge exchange programme, which will continue until tomorrow, 19 January 2022 at ADNEC, Abu Dhabi.

[ad_2]

Source link

Related Articles

Rohim Uddin A Journey from Humble Beginnings to Technological Innovator

Introduction: Humble Beginnings Rohim Uddin's journey is a testament to the power of perseverance and determination. Born into a simple family in India, Rohim grew...

Abu Dhabi Powers the Future: Expanding Investments in Renewable Energy to Drive Carbon Neutrality

Abu Dhabi is making significant strides in advancing its renewable energy projects as part of the UAE’s broader efforts to achieve long-term sustainability goals.The...

Crown Prince of Abu Dhabi’s Historic Visit to India Set to Strengthen Bilateral Ties and Cooperation

Crown Prince of Abu Dhabi's historic visit to India is poised to significantly strengthen the long-standing relationship between the two nations.As the UAE and...

Sharjah Ruler Unveils Vision for New Sports City: A Bold Step Towards Enhancing Sports Infrastructure

Sharjah Ruler Designs New Sports City: The Ruler of Sharjah personally sketched the design for a new Sports City, highlighting his commitment to advancing...

Sharjah Department of Culture Unveils Dynamic Annual Program: Festivals, Forums, and Cultural Innovations Ahead

Sharjah Department of Culture has unveiled its extensive annual program for 2024, featuring a diverse array of festivals, cultural events, and permanent forums designed...

Latest Articles