ADNOC and EWEC launch clean energy partnership

Largest clean energy agreement of its kind will see up to 100% of ADNOC’s grid power supplied by EWEC’s nuclear and solar clean energy from January 2022

Abu Dhabi National Oil Company (ADNOC) and EWEC (Emirates Water and Electricity Company) have launched a landmark clean energy partnership.

The strategic partnership, which is the largest of its kind in the oil and gas industry, will see up to 100% of ADNOC’s grid power supplied by EWEC’s nuclear and solar clean energy sources, making ADNOC the first major oil and gas company to decarbonise its power at scale through a clean power agreement and strengthening the company’s position as one of the world’s least carbon-intensive oil and gas producers.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office and Chairman of the Executive Committee of ADNOC’s Board of Directors launched the partnership.

Simultaneously, EWEC will benefit from long-term electricity offtake for its current and future renewable and clean power sources, which include solar and nuclear power, enabling continued investment in transformative innovations to decarbonise the energy sector.

This progressive approach supports the United Arab Emirates (UAE) Net Zero by 2050 Strategic Initiative and enhances ADNOC’s pathway to decarbonisation while enabling sustainable future growth.

It also underpins the UAE’s bold and strategic approach to enable a lower carbon future.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan emphasised the importance of capitalising on opportunities to achieve the UAE 2050 Net Zero Emissions Target.