During the “Climate Balance Empowerment” event at the “COP28” conference.
Sherif Al-Olama stated: – Over the past 15 years, we have invested more than 145 billion dirhams in sustainable energy. – Our goal is to build a futuristic system by reducing emissions from the oil and gas sectors by 25% by 2030.
Engineer Sherif Al-Olama, Deputy Minister of Energy and Infrastructure for Energy and Petroleum Affairs, said: “In this age of technological advancement and environmental challenges, the energy sector is witnessing a new revolution through the integration of artificial intelligence to reduce carbon footprint and use it in energy production.”
Utilizing artificial intelligence in the energy industry represents a step towards a more efficient and sustainable future. Modern technology plays a vital role in increasing efficiency and enhancing the performance of energy projects.
This was discussed during a high-level session organized by the Ministry of Energy and Infrastructure as part of its participation in the Conference of the Parties to the United Nations Framework Convention on Climate Change “COP28” titled “Empowering Access to Climate Neutrality: Exploring the Path towards Sustainable Energy.”
They emphasized the importance of the challenges and opportunities to achieve the ambitious goal of transitioning to a future based on clean and sustainable energy, achieving zero emissions. Engineer Sherif Al-Olama reiterated that the UAE aims to build a future energy system by continually reducing oil and gas sector emissions by 25% by 2030.
This will be achieved through investing in carbon technologies and their accelerated use and storage by 2030, energy efficiency technologies, hydrogen, and advancing and adopting cutting-edge technology in the field of renewable energy.
He added that the country is keen on establishing a supportive and incentivizing regulatory framework for energy transition through the UAE Energy 2050 strategy, the National Hydrogen 2050 strategy, and the issuance of a law regulating the connection of distributed renewable energy systems to the power grid.
The importance of enhancing countries’ and organizations’ commitment to achieving net-zero emissions and collaborative efforts to use renewable energy and reduce its environmental impact was highlighted. They also emphasized the significance of supporting innovation and scientific research in clean energy fields, developing green technology, and international cooperation to accelerate the transition to renewable energy sources.
They acknowledged the role of artificial intelligence technologies in improving the performance of power plants, managing energy consumption, and enhancing energy grids for improved energy distribution.
