Energy & Utilities
Abu Dhabi is one of the world's largest and most strategically positioned energy producers.
Abu Dhabi National Oil Company (ADNOC) produces some 3m barrels of oil and 9.8bn standard cu feet per day of raw gas. Looking ahead, ADNOC’s strategy is to improve profitability and sustainability upstream while increasing value downstream. It also plans to triple the emirate’s output of petrochemicals by 2025. ADNOC operates more than 20 subsidiary institutions, including natural gas and oil exploration, processing, and delivery, three academic and training institutes, and four research and innovation centers.
Abu Dhabi is positioned to remain a leader in renewable energy innovation
Abu Dhabi seeks to diversify its energy matrix, green energy and solar in particular has garnered the attention of stakeholders all across the country, and the Emirate is taking important steps toward meaningful diversification.
Cutting-edge renewable projects are allowing the Emirate to position itself as a global leader in sustainable energy. Large-scale nuclear projects are set to come online in coming years to address the growing demand for electricity. Abu Dhabi remains committed to making long-term investments in innovation and development of renewable energy and carbon capture technologies.
In 2006, Masdar, a wholly owned subsidiary of Mubadala Development Company, was created to invest in renewable energy and sustainable technology. Masdar aims to make Abu Dhabi an international hub for renewable energies.
Masdar City is designed to reduce energy and water consumption and features an integrated, smart transport network. Masdar City’s anchor tenant is the Masdar Institute of Science and Technology (now part of Khalifa University of Science and Technology), a research-oriented university focused on alternative energy and sustainability. It is also home to corporate offices of Siemens, Etihad Airways, General Electric, Schneider Electric and Lockheed Martin. 450 companies are operating in its free zone. Its first community of villas and townhouses is expected to accommodate 5000 residents by 2022.
Abu Dhabi is developing and implementing plans to expand and bolster the electricity grid. Currently, the majority of the Abu Dhabi's electricity comes from gas-operated generators, but solar energy is gradually increasing the use of solar energy. The largest concentrated solar power project in the region, the 100-MW Shams 1 project was built by a consortium of Masdar, Total and Spanish multinational Abengoa, with equity divided on a 60%, 20%, 20% basis.
There are big plans for nuclear energy in Abu Dhabi. The Emirates Nuclear Energy Corporation (ENEC) is in the midst of a USD20 billion construction program that will see the development of Barakah plant in Abu Dhabi's Al Dhafra region. With two reactor installed so far, and the first set to begin operations in 2018, the facility is well on its way toward completion, and it promises to become a revolutionary piece of Abu Dhabi's energy matrix
Abu Dhabi is one of the world's largest and most strategically positioned energy producers . Cutting-edge renewable projects are allowing the emirate to position itself as a global leader in sustainable energy
Key Statistics of electricity, gas, and water supply; waste management Activity (2010-2017*)
Electricity, gas, and water supply; waste management sector real GDP (2010-2017* - AED billion)
Source: Statistics Centre - Abu Dhabi - * Preliminary estimates