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Emirates News Agency - Biden s plan in U S likely to encourage Middle East to be net renewables exporter

Biden’s plan in U.S. likely to encourage Middle East to be net renewables exporter By Binsal Abdulkader ABU DHABI, 20th May, 2021 (WAM) The Biden Administration’s ambitious plans to scale up renewable energy in the U.S. will have a wider impact on the energy landscape in the Middle East, especially in the Arabian Gulf, according to the top official of a global body, experts and major industry players in the region. Talking to Emirates News Agency (WAM) about Biden’s plan to make the U.S. a 100 percent clean energy economy with net-zero emissions by 2050, Francesco La Camera, Director-General of International Renewable Energy Agency (IRENA), said such efforts are likely to encourage incredible regional progress as Middle East has a profound opportunity to maximise its renewable energy resources and become a net-exporter of renewable power and fuels in the future.

MEED | MEED Live: Mena Future Energy & Decarbonisation Summit

From true green generation to 4IR tech, renewable investment to carbon capture, this is the event to lay out the pathway to 2030 and beyond Experts from Emirates Water & Electricity Company, Saudi Aramco Energy Ventures, Clean Energy Business Council and Etihad Aviation Group will discuss strategies to decarbonise the global energy system at the MENA Future Energy & Decarbonisation Summit, a digital event taking place on 24 February 2021.  The MENA Future Energy & Decarbonisation Summit will explore the need for localised, reliable energy solutions for a low-carbon future. The one-day virtual event hosted by MEED will take place on 24 February 2021. In the Middle East and North Africa (Mena) region, there is growing pressure to decarbonise the regional energy system while decreasing hydrocarbon reliance.

MEED | Mena Future Energy & Decarbonisation Summit

Type of Summit: Virtual Overview The past 12 months have again shown the volatility and changing nature of oil and gas demands. Disrupted global supply chains highlight the need for localised, reliable energy solutions. But what does it mean to transform one of the world’s largest, most established oil-focused energy regions for the low-carbon future? While oil remains one of the pillars of the economy, ambitious strategies are needed to revolutionise the industry and set us up for a future in the green world. Future Energy & Decarbonisation will push the boundaries of the norm when it comes to renewable energy. From true green generation to 4IR tech, renewable investment to carbon capture, this is the event to lay out the pathway to 2030 and beyond.

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