Tag: dubai

Greece wants to provide energy security with renewable energy

Header image courtesy of Reuters

Greece is a country with ambitions. According to the Prime Minister, the European country wants to provide energy security to other countries on the continent by expanding its clean energy capacity, as reported by Bloomberg.

PM Kyriakos Mitsotakis revealed this ambition on the sidelines of the ongoing COP28 in Dubai. He said Greece “can significantly expand our green production capacity. We’re going to be a provider of energy security for many European countries.

“We want to be an exporter of green power in the medium to long term. We want to make sure that we can cover the needs of our neighbouring countries in terms of offering them access to natural gas.”

Greece produced 7,047 GWh of solar energy in 2022, 400 percent more than a decade ago, according to BNEF. The country also achieved meeting 100 percent of its energy demand by renewable energy for hours on some days. More renewable projects will come online, including offshore wind farms in the Aegean Sea, set to supply Athens with more than 1.9 GW by the end of the decade.

Greece already exports energy to Bulgaria and Moldova. It is constructing gas pipelines to Europe.

UAE pledges to triple renewable energy production ahead of COP28

Header image courtesy of C40 Cities

COP28 will be held in UAE, and the host is already making sustainability pledges. The oil-rich nation has announced it will triple renewable energy production, in addition to other environmental initiatives, as reported by France24.

While the UAE did not reveal many details about the new policies, which are coming about five months before COP28 in Dubai, the updated national energy strategy will triple the contribution of renewable energy over the next seven years.

The UAE is one of the world’s biggest exporters of crude oil but has now put in place strategies for hydrogen and electric cars. It aims to “consolidate the country’s position as a producer and exporter of low-emission hydrogen over the next eight years” by strengthening supply chains and infrastructure and establishing a research and development center. Also in the works is a national network of charging stations for electric vehicles.

Prime Minister Sheikh Mohammed bin Rashid Al Maktoum revealed that up to 200 billion dirhams (US$54 billion) will be invested to meet growing electricity demand.

COP28 will come up in November, with about 200 nations discussing tackling global warming and its impacts.