Dubai political leader Sheikh Mohammed bin Rashid has announced a strategy for clean and renewable energy. The strategy's aim is to generate 75 percent of the city's electrical needs through rooftops made up of solar panels by 2030.
Dubai's Sheikh Mohammed bin Rashid publicized the city's 2050 Clean Energy Strategy that includes a handful of renewable energy objectives. One of them is that all of the city's rooftops should have solar panels installed by the time the city reaches year 2030. The goal of this strategy is to produce 75 percent of Dubai's energy needs by 2050. On the way to that achievement, a minimum requirement of 25 percent energy production coming from solar-paneled rooftops will be mandatory in 2030.
The biggest story is the $27B Dubai Green Fund investment. Because of this, low-interest financing for renewable energy is only the major option available. In addition, the Mohammed bin Rashid Al Maktoum Solar Park has been increased in size and is expected to produce 5,000 megawatts of renewable energy by the year 2030.
Sheikh Mohammed explained that the strategy that Dubai is launching will reshape its energy sectors over the next 30 years. The goal is to become the first city in the United Arab Emirates to have the smallest carbon footprint by 2050. Presently, most of Dubai's energy is coming from burned natural gas.
The United Arab Emirates has about one tenth of Earth's oil reserves. It is very striking that a rich city of UAE like Dubai is emphasizing on growth that relies on renewable energy sources. The city alone has about 4 billion gallons of oil reserves and a population of only about 2.1 million people.
For a city that is rich in oil reserves, it is very praiseworthy to set huge renewable energy targets and are yet achievable. Logically, solar energy systems mesh well with Middle East city like Dubai as Arab countries are known to have very hot climates. In addition, solar energy makes a big sense to the city's environment as well as economic status.