The figures were highlighted as the Middle East is set to become a market leader in renewable and clean energy due to well-designed auctions, favorable financing conditions, and declining technology costs, all contributing to bringing renewables into the mainstream. In the GCC, the UAE remains a leader in energy transition thanks to a robust pipeline of developments. These include the 2GW Al Dhafra solar power project in Abu Dhabi, which will eventually power 160,000 homes, and the 1.5GW PV3 project, also in the capital.
Topics on day one include Realizing the potential of green hydrogen - will this be the game-changer for the energy transition. On day two, leading the agenda will be Race to net-zero: How will the corporates transition towards the "New Energy scenario. On the final day, Exploring the opportunities around growing wind sector, in potential regions of UK, Africa, Asia and the Middle East, will take centre stage. The focused sector week is the first of a four-week series of online events brought by Middle East Energy from 17 May until 9 June 2021, featuring: Renewable & Clean Energy, Transmission & Distribution, Critical & Backup Power and Energy Consumption & Management.