ADNOC Fuel plc has partnered with utilities agency Emirates Water and Electrical energy Firm (EWEC) for the power transformation of the United Arab Emirates (UAE).
The settlement is underpinned by a $10 billion, 10-year versatile pure fuel gross sales and buy settlement between ADNOC Fuel Amenities LLC and EWEC, in accordance with a joint information launch.
The versatile pure fuel provide will probably be delivered to vegetation throughout Abu Dhabi and the UAE, in keeping with EWEC’s goal of decarbonizing water and electrical energy provide within the UAE, supporting the nation’s Internet Zero by 2050 Strategic Initiative, in accordance with the discharge.
ADNOC Fuel CEO Fatema Al Nuaimi mentioned, “We tremendously worth our long-term partnership with EWEC, which is underpinned by a 10-year strategic settlement, supporting the rise of digitization, the rising want for resilient connectivity and rising expertise adoption throughout the UAE’s financial system, whereas advancing the nation’s net-zero ambitions. By collaborating throughout the commercial worth chain to leverage Abu Dhabi’s huge fuel reserves, we’re working to make sure the UAE’s self-sufficiency whereas persevering with to gasoline over two thirds of the nation’s industries, driving sustainable financial progress and diversification”.
EWEC CEO Othman Al Ali mentioned, “This landmark settlement with ADNOC Fuel ensures a secure and versatile provide of pure fuel that’s pivotal to enabling the UAE’s power transition. As we speed up the mixing of renewable and clear power and superior applied sciences, pure fuel performs a essential function in bridging the hole between conventional and sustainable power sources. This partnership strengthens EWEC’s skill to ship a safe, environment friendly, and decarbonised water and electrical energy system whereas contributing to the UAE’s Internet Zero by 2050 Strategic Initiative. By collaborating with ADNOC Fuel, we’re reaffirming our shared dedication to powering the UAE’s financial progress, advancing sustainability, and guaranteeing long-term power safety for generations to return”.
In accordance with the discharge, gas-fired vegetation “complement and allow the large-scale integration of solar energy, providing essential flexibility throughout peak demand intervals” as they will adapt their output to real-time demand and provide modifications.
Earlier within the month, EWEC issued a request for proposal (RFP) to certified corporations for the event of the Zarraf Photo voltaic PV Impartial Energy Producer (IPP) challenge, positioned within the Al Zarraf space of the Al Dhafra Area.
The Zarraf Photo voltaic PV challenge can have 1,500-megawatt (MW) energy era capability, sufficient to energy roughly 160,000 properties and cut back CO2 emissions by as much as 2.4 million metric tons yearly.
Zarraf Photo voltaic PV will probably be EWEC’s and Abu Dhabi’s fifth world-leading, utility-scale photo voltaic PV challenge, considerably contributing to EWEC’s strategic plan to extend Abu Dhabi’s solar energy capability to at the least 10 gigawatts (GW) by 2030.
In December 2024, EWEC introduced acquiring approval to allocate 4 new websites protecting an space of roughly 29 sq. miles (75 sq. kilometers) of land for photo voltaic photovoltaic (PV) and wind power developments.
Spanning 4 websites inside Abu Dhabi, the land will function three new photo voltaic PV vegetation positioned in Al Faya, Al Khazna, and Al Zarraf, and one new wind farm in Sila, in accordance with an earlier information launch.
The tasks are set to ship 4.5 gigawatts (GW) of extra photo voltaic PV capability and as much as 140 megawatts (MW) of latest wind capability to Abu Dhabi. The photo voltaic PV tasks will assist EWEC’s supply of 10 gigawatts (GW) of put in photo voltaic PV capability by 2030 and 18 GW by 2035.
To contact the creator, e mail rocky.teodoro@rigzone.com
Generated by readers, the feedback included herein don’t mirror the views and opinions of Rigzone. All feedback are topic to editorial overview. Off-topic, inappropriate or insulting feedback will probably be eliminated.