Plane’s arrival highlights UAE’s clean energy push
Federation emerges as an unlikely champ of clean energy
ABU DHABI, United Arab Emirates, July 26, (AP): The United Arab Emirates might not seem like an obvious spot to begin and end a globe-spanning flight promoting renewable energy.
It is OPEC’s fourth biggest oil producer, after all, where gas guzzlers rule the road and the air conditioning is always on — not just at its indoor ski slope. Its oil output and fossil fuelburning airlines are growing, and its per-capita carbon emissions rank among the world’s highest.
Yet this federation of sheikhdoms on the Arable Gulf has emerged as an unlikely champion of clean energy. One way is by backing the Solar Impulse 2 solar plane, which ended its groundbreaking round-the-world flight on Tuesday in Abu Dhabi and counts Emirati renewable-energy company Masdar among its sponsors. Here are some others: Going solar Dubai, the country’s cosmopolitan commercial hub, last month picked an Emirati-Spanish consortium to develop the third phase of what is slated to become the world’s biggest solar park. The winning bid for the 800-megawatt phase of the project came in at an industrywide record low cost of 2.99 US cents per kilowatt-hour.
The first phase of the Mohammed bin Rashid Al Maktoum Solar Park, named after the emirate’s ruler, went online with 13 megawatts of capacity in 2013. Another 200 megawatts will be added next year. Plans call for the $14 billion park to eventually produce 5,000 megawatts by 2030, enough to power tens of thousands of homes.
Abu Dhabi’s government-backed Masdar, which was part of the winning bid, opened a 100 megawatt plant using a different technology known as concentrated solar power outside the federal capital in 2013. It aims to develop another 350-megawatt project in the emirate.
Smaller-scale projects are popping up too, including solar-powered parking meters and public Wi-Fi hotspots. DP World, which runs the Mideast’s busiest seaport in Dubai, plans to cover rooftops throughout the facility with solar panels. The emirate’s utility operator last year rolled out a plan for building owners to connect their own solar panels to the grid.
Dubai aims to generate a quarter of its power from clean-energy sources by 2030 and 75 percent by 2050. It is even looking into the feasibility of tapping geothermal energy, possibly for use in the energy-intensive desalination process the UAE uses to satisfy much of its water needs.
Masdar is probably best known as the developer of Masdar City, a clean-energy showcase community being built near Abu Dhabi’s main airport. It has hosted several dignitaries, including UN Secretary General Ban Ki-moon and Vice President Joe Biden.
Earlier plans for Masdar City to become a self-sufficient, zero-carbon city of 40,000 serviced by futuristic electric podcars have been altered, and little has been built beyond an innovative urban core designed to keep cool using traditional Arabic architectural techniques. Still, the development has managed to attract some corporate tenants, including German engineering giant Siemens. Investing in renewables Masdar has been busy developing renewable energy projects well beyond the Emirates.
It owns a 20 percent stake in Britain’s London Array, the world’s largest offshore wind farm. Another Masdar-backed wind farm is being built off England’s eastern coast.
In Spain, it teamed up with engineering company Sener to build three concentrated solar power plants. Among its projects in the Mideast are a wind farm in Jordan and a solar plant in Egypt.
Al-Ramahi said the company has invested $2.7 billion into clean-energy projects over the past decade. “All of our projects are bankable,” he said. “The financial institutions would not give you a dime if it’s not sustainable and it doesn’t make commercial sense.”
The Abu Dhabi Investment Authority, the emirate’s main sovereign wealth fund, sees potential in renewables too. Last October, it pumped $200 million into an Indian renewable energy company, renew Power Ventures.