The United Arab Emirates has been working to make its economy 100 percent renewable and clean energy based and in this pursuit of energy shift it is making new alliances with nations and various other privates and research institutions.
The UAE has shown some very keen interest in developing its energy sector especially after hosting the 24th World Energy Congress at Abu Dhabi at which it showcased its energy sector vision which they are quite optimistic about. The second meeting of the UAE-Russian Industrial, Technological, and Scientific Cooperation Team took place in Moscow. It was co-chaired by Dr. Mattar Hamed Al Niyadi, the under-secretary of the UAE Ministry of Energy and Industry, as well as Alexei Vladimirovic, Russia’s deputy minister of industry and commerce. UAE state news agency WAM reported that both sides stressed the importance of the partnership between the two nations. They are seeking ways to increase their cooperation in science and technology, promote mutual investments, and joint industrial ventures. UAE is also making alliances with nations of India and Africa further cementing its name on the global energy stage. UAE has its first nuclear power plant ready which will be going online in early 2020 which is a phenomenal feat in itself.
Also, now with the co-operation with Russia will help UAE to explore some more energy options and if everything goes well this cooperation may very well be extended to some other sectors too which can open new doors of opportunity to both the nations. Interesting how the energy market of the globe will shift with these alliances.