UAE and Spain discuss renewable energy production capacity
2023/7/14
Dr. Al Jaber said that if we want to limit the "Paris Agreement" to the goal of 1.5? C worldwide, by 2030, the world needs to double the capacity of renewable energy. Dr. Al Jaber is also the chairman of the Abu Dhabi clean energy company Masdar. He said that only through international cooperation can we achieve net zero emissions.
Masdal and Ibiderola have a long and proud history in advancing renewable energy projects around the world to change their lives. These projects not only promoted the decarbon, but also increased employment and opportunities, he said. If we want to accelerate energy transformation and not let people go behind, this is exactly what we need.
Masdal was founded in 2006 by Mustel, playing a leading role in the global clean energy field, and helped promote the country's economic diversification and climate action agenda. It is currently active in more than 40 countries and has invested or promised to invest more than $ 30 billion in projects.
According to data from international renewable energy agencies, by 2030, the annual renewable energy capacity must increase an average of 1,000 GW per year to achieve the goal of the Paris Agreement.
Abu Dhabi's "World Energy Transformation Outlook of 2023" last month said that although the renewable energy capacity of the global power industry last year increased the record of 300 GW of 300, but actual progress and long -term climate goals needed The gap between development continues to expand. Iberdrola has decades of experience in providing the world's cleaning and safety energy model. In the past 20 years, it has invested more than 150 billion euros in the past 20 years. Mr. Galan said.
With the approaching of another important COP summit, and to keep in sync with the Paris Agreement, there are still many jobs to do. Policy makers and companies investing energy are more important than ever. They are still committed to renewable Energy, more intelligent power grids and energy storage to promote clean electrification.
Iberdrola's market value exceeds 71 billion euros, which is the largest power company in Europe and the world's second largest power company. The company has a renewable energy capacity of more than 40,000 MW and plans to invest 47 billion euros in power grids and renewable energy from 2023 to 2025. In 2020, Masdal and Spain's CEPSA agreed to establish a joint venture to develop renewable energy projects on the Iberian Peninsula.
The established policy scenario of the International Energy Agency is based on the latest global policy settings. It is expected that cleaner energy investment will increase slightly higher than $ 2 trillion by 2030.
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