Under Dubai’s Integrated Energy Strategy 2030, the Middle East emirate plans to reduce energy imports and climate-warming carbon dioxide emissions by 30 percent by 2030, using its own solar power and nuclear power imported from neighbouring emirate Abu Dhabi to reduce reliance on gas.
"In line with Dubai’s energy strategy the plan is to have 5 percent of renewables in the electricity supply mix. This is mainly going to be solar," Tayer, who is also chief executive of Dubai Electricity and Water Authority (DEWA), told a news conference.
"Soon we will have a very big solar energy project in Dubai we are trying to find a date to announce it. We have identified the place." But Tayer declined to say how many megawatts the solar plant project would have and how much it would cost.
The UAE is one of the highest per capita electricity consumers in the world, with soaring temperatures driving up air conditioning use from June-September, forcing energy-hungry Dubai – home to nearly two million people – to buy ever more natural gas.
The UAE expects to start its first nuclear power plant in 2017, and hopes nuclear energy to eventually supply 25 percent of its power.
Nejib Zaafrani, secretary general and chief executive officer of Supreme Energy Council said "multi-billion-dollars" worth of investments were expected to fulfill Dubai’s renewables ambitions.
"The strategy of Dubai has looked at an array of alternatives and we are talking about multi billion dollars of investment until 2030," he said, adding that through this the emirate aimed to reduce its energy imports by 30 percent.
Zaafrani also declined to say how big the planned solar plant in Dubai would be but said: "It will be big enough to accommodate this five percent target."
Partnerships with international companies both from the West and East are also on the agenda, Zaafrani said, but did not name potential investors.
The aim for Dubai was to generate 71 percent of electricity supplies from gas, 12 percent from coal, 12 percent from nuclear which it would import, mainly from Abu Dhabi and 5 percent from solar by 2030, Tayer added.