The BI-ME eNewsletter
LOGIN:
You are hereHome CategoriesNews
Middle East initiatives in the renewable energy sector
Source: BI-ME , Author: BI-ME staff
Posted: Sun January 11, 2009 12:00 am
www alibaba.com
Meet worldwide manufacturers, wholesalers
& importers
in Alibaba now!

UAE. Key energy ministers and Arab political figures are gathering to discuss renewable energy at the World Future Energy Summit from 19-21 January in Abu Dhabi.

It is now confirmed that the Egyptian Minister of Energy, HE Dr Hassan Younes will be speaking at the Summit along with other key Arab figures. Dr Hassan will be highlighting the new electricity law designed to encourage the development of renewable energy and to continue reforming the electricity sector.

Held under the patronage of HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Summit reflects Sheikh Khalifa’s commitment on addressing one of the world’s most pressing concerns: energy, the environment, and the sustainable use of vital natural resources.

A total of three Arab energy ministers and Arab speakers are now expected to address top energy related issues including Abdulrahman Bin Hamad Al-Attiya, Secretary General, GCC, Sultan Al Jaber, CEO, Masdar Group, Samer Adham, Managing Director, Global Water Sustainability Center, HE Karim Kawar, former Jordanian Ambassador to the US, and Chairman of EDAMA initiative for sustainable energy.

The Summit will also present an exhibition area with 358 participating companies, of which 114 or 32% are registered from the Middle East.

Renewable energy has become a key topic in the Arab world, with evidence that the World Future Energy Summit is being held in the United Arab Emirates, a country known for its rich oil reserves.

Hosting the World Future Energy Summit in the United Arab Emirates has attracted other neighbouring countries from the Middle East to start looking at environmentally attractive resources.

The Middle East region has abundant natural resources that make it a very appealing location for renewable energy and governments and experts are looking at leveraging its natural resources in the same way it has done with oil and gas.

Ambassador Kawar will be presenting the EDAMA initiative for sustainable energy in Jordan which aims at assisting Jordan in its quest for less dependence on fossil fuels, conservation and protection of the environment.

According to Lionel Fretz from Carbon Capital Markets, Abu Dhabi has announced plans to spearhead a US US$7 billion CDM market in the region. The Emirate has realised significant investment in wind, solar and biofuels around the world, both in projects and early stage cleantech investment.

Through major programmes like the UAE's Masdar initiative and Abu Dhabi's agreement to develop low carbon technologies with the UK, the Middle East region is beginning to increase focus on solutions for today's climate challenges.

Clear examples of Arab initiatives that support the development of renewable energy technologies include the Masdar initiative, International Renewable Energy Agency, and the Mediterranean Solar Plan all of which are playing a leading role in engaging the world’s best minds and organisations to realise a cleaner, more sustainable future.

The World Future Energy Summit has attracted various Middle Eastern based organisations which expressed their keen interest in supporting the Summit and its initiative by sponsoring the event, including Etihad, Abu Dhabi Water and Electricity Authority, Aldar, and CNBC Arabia.

 

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 31, 2010
INTERNATIONAL. Peter Grauer, the Chairman and CEO of Bloomberg, is a man with a mantra and he repeats it every chance he gets: "We have an aspiration at Bloomberg to become the most influential news organisation in the world."
date:Posted: July 31, 2010
LEBANON. Half of TMT organizations find inadequate budgets to be biggest barrier to keeping information secure as cyber crime, piracy and fraud become growing global reality.
date:Posted: July 31, 2010
INTERNATIONAL. If the DJIA where to fall by more than 20% from the present level there would be further massive fiscal and monetary stimulus packages, not just in the US but worldwide.