Tag Archive | "Power"

$200bn to be pumped in MENA power sector by 2020

Consumption of electricity in the MENA region is said to grow at a faster pace over the next decade, with investments worth more than $200 billion set to be pumped into the region’s power sector by 2020, according to a report.

The MENA Power 2013 report published by MEED Insight earlier this year, said that demand for electricity has grown so rapidly in the region, that in many instances utilities have struggled to keep up, resulting in investments worth billions of dollars in new power plants.

The report added that more than $100bn of investment is required by 2020 to meet the additional capacity with the same amount to be invested in the transmission and distribution sectors – representing a lucrative growth opportunity for anyone working in the power market.

This will come as good news to more than 1,200 exhibitors from 100 countries around the world that will participate in the 39th edition of Middle East Electricity, one of the world’s largest energy events focussing on the power, lighting, renewable and nuclear sectors.

Held under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai , Middle East Electricity will take place from 11-13 February 2014 at the Dubai International Convention and Exhibition Centre.

 

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REpower supplies power to more than 18 million people

Suzlon Group subsidiary REpower Systems SE has installed its 5,000th turbine, located near Buchen in the Neckar-Odenwald district, Germany.

In total, REpower has so far installed more than 9.6 GW of capacity, enough to supply more than 18 million people, or the entire population of the Netherlands, with electricity.

“We are delighted that we contribute to a clean energy supply as a reliable partner with project-specific solutions and products that meet our customer’s needs,” said Andreas Nauen, CEO, REpower Systems SE.

In the first half of 2013, REpower installed more than 200 megawatts in Germany, achieving a 21 per cent share of the German market. The company’s goal for 2013 is to achieve a stable, double-digit market share in Germany.

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Towards a low-carbon economy

The concept of a green economy goes by many names: low-carbon, low fossil fuel, or the decarbonised economy. According to the United Nations Environment Programme, the concept of green economycan be reached when a nation’s economy can yield “improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities.” In layman’s terms: watch that carbon. BGreen looks at how the UAE is moving towards this goal

The focus of this year’s World Environment Day was on the Green Economy: Does it include you? After making headlines as the world’s most notorious emitter of carbon, the UAE has made a rapid comeback, at least according to experts speaking about the nation’s potential for a low-carbon future.
A low-carbon economy is one whose growth is driven by public and private investments that reduce carbon emissions and pollution, with a focussed approach to energy efficiency, and a watchful eye on maintaining biodiversity despite robust expansion. These investments need to be nurtured and expedited by targeted policy and regulation reforms, and possible long-term solutions for creating a carbon-aware business community.
The International Green Awards Summit provided a platform for noted speakers from the public and private sector, from sustainable industry leaders like Interface and Henkel, to policy regulators and NGOs like Environment Agency – Abu Dhabi and Emirates Wildlife Society – World Wildlife Fund (EWS-WWF). The general consensus seems clear: the move towards a low carbon economy needs to mobilise both public and private sectors as an economic whole. Looking at one single organisation to fit the model cannot be indicative of a regional trend, and without the proper incentives or regulations catalysing the process, change across the board may be sluggish.

The Energy-Water Nexus
“Power and water consumption here are the main drivers of emissions, and this is what we have to focus on. In Abu Dhabi, the tariffs (for utilities) are low, which means that companies and households don’t have the right incentives to start saving energy,” according to Eva Ramos, Acting Manager of Environmental Analytics, at the Environment Agency-Abu Dhabi’s Integrated Environment Policy and Planning Sector. “Recently, EAD was working on a strategy on climate change and identify the drivers and pressures, and it revealed that a majority of emissions came from power and water consumption. These kinds of studies provide us with data that can set change in motion. The difficulty now is that we don’t have the mandate to act on an energy policy. We are trying to find the right incentives so that more companies start making changes,” she added at the sidelines of the summit.
Ramos is currently in the process of “developing a new unit to help EAD move from a research organisation to a regulator” as a way for the agency to adapt existing policies to incorporate climate change mitigation. Despite the discouraging emissions figures in black and white, Ramos appears optimistic about the UAE’s low-carbon trajectory.”I came to this country four years ago, and I never expected to have so many opportunities to work on issues related to sustainability. Something is definitely happening, and perhaps this pace is slower than what we’d like, but from my own experience from working in Europe and Latin America, things are happening very fast here. People are increasingly starting to talk about issues and possible solutions. The first thing you have to do is talk, then comes the time to start acting. There are some companies here that are taking the right steps towards achieving lower carbon emissions, but again, this change appears slow because it’s not taking place across industries at the same time.”

Dubai—charging ahead
His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, had launched “A green economy for sustainable development” in January 2012. According to His Excellency Sami Al Qamzi, Director General of the Dubai Department of Economic Development (DED), this places the UAE at the forefront regionally in adopting a long-term national initiative to build a green economy.
“The “Dubai Green Economy Partnership” aims are threefold: to support the long-term sustainable and green growth of Dubai economy, strengthen Dubai’s position in the global green economy value chain and accelerating the adoption of green technologies, products and services that has proven economic and ecological feasibility in the region” says Fahad Al Gergawi, CEO, Dubai FDI, the Foreign Direct Investment Office of DED.
Al Gergawi adds that the next step is to set up “a number of mechanisms to realise the vision of His Highness the Crown Prince of Dubai through market leadership, innovation and investment in human capital.”
Dubai FDI will act as a liaison between local, regional and international founding partners and companies interested in the programme’s local and international events. “Thanks to the increased awareness of the local and global environmental challenges among both public and private sectors in Dubai, the transition to green economy has progressed with voluntarily adoption of green technologies and best practices in environment protection across key sectors from energy and transportation to buildings and resource management,” comments Al Gergawi.
“This drive, inspired by sustainable development as a core value, coupled with implementation of one of the best information and communication technology infrastructures in the world, has empowered Dubai’s transition to a green economy that enjoys global recognition in energy efficiency, sustainable transport and a growing sustainable living movement.”
The plan includes transitioning Dubai into a hub for sustainable business and a test bed for emerging green technologies. With the increased number of Dubai’s green infrastructure projects yielding positive economic benefits, the programme also aims to strengthen sustainability guidelines that can reduce carbon emissions, increase energy efficiency and encourage water conservation. A hallmark of the transition to a green economy that will address regional development challenges with practical project management
and financing models through collaboration with international investors, financial institutions and public-private partnerships.

On a federal level
UAE Minister of Foreign Trade Sheikha Lubna bint Khalid Al Qasimi noted the UAE’s move in diversifying the base of economy, with oil and gas production, while still retaining its importance, accounting for only about a third of GDP.
Reflecting on the UAE’s progress in each of the pillars of sustainable development— economic, social and environmental—Sheikha Lubna summarised the changes that have taken place federally in the past 20 years.
“On economic development we have made great progress. Since the first Rio summit the UAE’s economy has grown by over 400 per cent,” she says.
“Clean energy is a central plank of our development strategy. And we are innovating solutions in energy efficiency, water efficiency, building standards, and sustainable cities that we hope will have beneficial applications in our region and the world,” Sheikha Lubna adds, noting how the nation’s commitment to the environment is  much further-reaching now than it was 20 years ago, owing to the expansion of research and development in green technology.
Despite the UAE’s commitment to sustainable development shaping both its domestic policy and views on international cooperation, Sheikha Lubna adds that much remains to be done. “For instance, the UAE is working to reduce its’ greenhouse gas emissions. This is challenging due to our cooling needs – a basic necessity in a hot arid environment – the need to desalinate water, and an energy intensive industrial base.
“But we are committed to taking action to mitigate this effect, and the significant progress we have made in so many other areas of sustainable development gives me confidence that we can be an active contributor to the global solutions required here too.

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