Wed 27-07-2022 19:13 PM
DUBAI, 27th July, 2022 (WAM) -- Eng. Sharif Al Olama, Under-Secretary of the Ministry of Energy and Infrastructure for the Energy and Petroleum Sector, said that achieving the Principles of the 50 and the efforts to enhance the country's overall stature, including in the energy sector, requires greater cooperation between government authorities and the private sector.
He made this statement during the launch of the Power-to-Liquids Roadmap: Fuelling the Aviation Energy Transition in the United Arab Emirates, which was drafted in cooperation between the Ministry of Energy and Infrastructure and the World Economic Forum. The PtL roadmap shows the financial, economic and environmental benefits of PtL in decarbonizing the United Arab Emirates aviation industry.
The event was attended by Eng. Yousef Al Ali, Assistant Under-Secretary for the Electricity, Water and Future Energy Sector, and several officials from national airlines and major companies operating in the sector.
Al Olama said the UAE has exerted significant efforts to launch distinguished projects and initiatives in the energy sector, most notably in clean energy, to support the UAE Net Zero by 2050 Strategic Initiative and in line with the Paris Climate Agreement.
The UAE is closely cooperating with regional and international partners, with the aim of achieving sustainability in the energy sector, he added.
This white paper, published by the Forum's Clean Skies Tomorrow initiative, in collaboration with the United Arab Emirates Ministry of Energy and Infrastructure and ICF International, sees Power-to-liquids sustainable aviation fuel (PtL SAF) production is the most important technology for the United Arab Emirates to decarbonize aviation.
It says PtL offers a unique opportunity for the Emirates to leverage domestic resources, infrastructure and expertise to grow and decarbonize the economy.
The United Arab Emirates is in an excellent strategic position to build a globally leading PtL industry. The analysis demonstrates that it will be financially beneficial, environmentally necessary and practical to deploy PtL capacity to decarbonize the United Arab Emirates aviation industry.
The aviation sector is one of the United Arab Emirates’ success stories and has a central place within the national and the regional economies, helping diversification, tourism and supporting job creation.