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The International Renewable Energy Agency (IRENA) and Dubai Electricity and Water Authority (DEWA) have signed a Memorandum of Understanding (MoU) aimed at strengthening collaboration on sustainability efforts.
The deal, signed by IRENA director general, Adnan Amin, and DEWA CEO, H.E. Saeed Mohammed Al Tayer, will see the two organisations develop and implement energy policies to accelerate renewable energy uptake.
“This MoU aims to provide a framework and facilitate collaboration between both parties, to promote renewable energy deployment, and support the development and implementation of the required policies and regulatory frameworks that will help to realise the potential for synergies through our joint activities while serving the objectives of both our organisations,” said Al Tayer on the agreement.
“The MoU supports the Dubai Integrated Energy Strategy 2030, which was formulated by the Supreme Council of Energy for Dubai to diversify the energy mix of the Emirate to be 71% Gas, 12% Nuclear Energy, 12% Clean Coal, and 5% Solar Energy by 2030, while reducing energy consumption by 30%,” he added.
Adnan Amin said: “This is an important step towards energy resource diversification in the Emirate of Dubai, part of a remarkable trend that calls for developing an appropriate, conducive framework for policy, regulations and incentives. The strategic move to renewable energy in a region endowed with oil and gas is a strong and clear signal of the political commitment to a sustainable future, where renewable energy is an economically as well as environmentally sound option.”