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Abu Dhabi National Oil Company (Adnoc) and Dubai Supply Authority (DUSUP) signed a landmark gas sale agreement on Friday.
His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister and Ruler of Dubai, witnessed the conclusion of the agreement. sign.
The agreement will see Adnoc supply DUSUP with natural gas, which will replace clean coal for power generation at the Dubai Electricity and Water Authority (DEWA) IPP (Independent Power Producer) Hassyan Power Complex, further reducing carbon emissions from power generation. Wam News Agency This supports the UAE’s strategic initiative to achieve net zero by 2050 and its plan to generate electricity from clean energy, one report said.
The agreement was signed in Qasr Al Watan by Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai’s Supreme Energy Council and Director General of DUSUP, and Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director of Adnoc. CEO.
Sheikh Ahmed bin Saeed said: “This agreement supports the vision and direction of the wise leadership to transform Dubai into a carbon neutral economy and provide 100% of Dubai’s total clean energy by 2050. Electricity generation. This agreement further strengthens energy cooperation between Abu Dhabi and Dubai, building on foundations originally laid in 1998 and strengthened over the years to expand the breadth and depth of our energy relationship.
“While many countries around the world are returning to coal due to geopolitical uncertainty and volatile energy prices, the UAE is delivering on its commitment to decarbonize its power sector.”
Dr. Al Jaber said, following the direction of the UAE’s wise leadership, ADNOC is working to harness Abu Dhabi’s rich natural gas resources to meet the world’s growing demand for this important transition fuel and enable a responsible energy transition. This landmark agreement will significantly reduce power generation emissions at the Hassyan Power Complex, directly supporting the UAE’s strategic initiative to achieve net zero emissions by 2050.
“Working closely with our customers and partners, ADNOC will continue to expand our gas capacity to meet our strategic goal of decarbonizing our energy and power systems, ensuring the UAE’s gas self-sufficiency, and driving long-term and sustainable growth in the UAE. UAE,” he added.
Adnoc’s integrated gas masterplan links every part of the gas value chain to ensure a sustainable and economical supply of gas to meet the growing demands of the UAE and international markets. The plan includes the application of new methods and technologies to improve the natural gas recovery and competitiveness of existing fields, as well as the development of untapped resources and the use of innovations to continuously drive emissions reductions.
Domestically produced natural gas is more commercially competitive than imported coal or natural gas, and when replacing coal in power generation, it will support economic growth while reducing emissions.
Adnoc is a responsible supplier of reliable, low carbon energy. In addition to expanding its natural gas business, Adnoc is growing its new energy business to capitalize on opportunities in hydrogen and renewable energy, while decarbonizing its business as it embraces the energy transition and continues to help meet global energy needs.
The Hassyan Power Complex was originally built as a dual-fuel plant capable of full-time operation on natural gas or clean coal at full capacity, but has been converted to run on natural gas only. Hassyan Power Complex currently has a net generating capacity of 1,200 megawatts (MW). An additional 600 MW (net) is planned for the fourth quarter of 2022 and another 600 MW (net) in the third quarter of 2023.
The complex is an important addition to DEWA’s power generation projects, including the Jebel Ali Power and Desalination Complex, the Al Aweer Power Station Complex, the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-point solar park with a planned capacity of 5,000 MW by 2030, green hydrogen and hydroelectric power plants in Hada.
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