|Country:||United Arab Emirates|
|Year:||2009 and 2011 (last updated 2015)|
|Policy status:||In Force|
|Date Effective:||2009 and 2011 (last updated 2015)|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Grants and subsidies|
|Renewable Energy Policy Targets:||Multiple RE Sources|
|Agency:||Masdar; Dubai Electricity and Water Authority|
|Renewable Energy Description:|
Abu Dhabi has set a target of 7% renewable energy generation capacity by 2020. The targets are expected to be met by a combination of solar (PV and CSP), wind, and waste-to-energy projects. The 100 MW concentrated solar plant, Shams 1, opened in March 2013 as the first major project. Project-specific tariffs are established by the Regulation and Supervision Bureau, following competitive international tendering.
Dubai has a target of 5% solar energy consumption by 2030 as part of the Dubai Integrated Energy Strategy 2030. In this context, the Mohammed bin Rashid Al Maktoum Solar Park was launched in 2012, with the first 13 MW (PV) commissioned in October 2013 and 100 MW of PV tendered internationally and competitively in November 2014, for which Dubai is using a BOO model.
Dubai has a target of 7% of its energy from clean energy sources by 2020, rising to 25% by 2030 and 75% by 2050. Under the Dubai Clean Energy Strategy 2050, solar energy will account for 25% of the emirate's power requirements, nuclear 7%, clean coal 7% and gas 61% by 2030.
Last modified: Mon, 05 Sep 2016 16:40:27 CEST