Monday, 13 January 2020

#UAE to double renewable energy portfolio again in next ten years - ADNOC - Reuters

UAE to double renewable energy portfolio again in next ten years - ADNOC - Reuters:

The United Arab Emirates grew its renewable energy portfolio by more than 400% in the last 10 years, and is on track to double that again in the coming decade, Abu Dhabi National Oil Co.[ADNOC.UL] chief executive Sultan al-Jaber said on Monday.

ADNOC “will increase our carbon capture utilization and storage program by 500% ... to capture the same amount of C02 as 5 million acres of forest,” Jaber also told a sustainable energy event in the United Arab Emirates capital Abu Dhabi.

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