Dubai Electricity and Economic Forum explore future energy
The Dubai Electricity and Water Authority (DEWA) discussed with a delegation from the World Economic Forum its efforts to develop clean energy projects and its strategy to achieve carbon neutrality by 2050. The authority highlighted its global achievements, such as leading in 13 indicators within its fields, successfully reducing electricity outage durations to 0.82 minutes annually, and lowering grid losses to 2%. It also spotlighted the Mohamed bin Rashid Solar Park project, which is expected to reach a capacity of over 8,000 megawatts by 2030, contributing to a reduction of more than 8.5 million tons of carbon emissions annually. The authority has transformed its strategy over the past decade to enhance digital transformation through artificial intelligence, and its ongoing partnership with the Forum focuses on developing long-term plans to keep pace with changes and challenges in the energy sector.
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