Second Advisory Board Meeting for RAK Energy Summit Held
The second advisory board meeting for the RAK Energy Summit took place earlier this month in Ras Al Khaimah. The Ras Al Khaimah Municipality organised this meeting which was attended by representatives from Ministry of Energy and Infrastructure and other stakeholders.
Among others, representatives from RAK Public Services Department (PSD), RAK Transport Authority, and RAK Economic Zone (RAKEZ), RAK Investment and Development Office Etihad Electricity & Water and Millennium Hotels and Resorts were also in attendance.
RAK Energy Summit is taking place on 4 to 5 October, at the Al Hamra International Exhibition & Conference Center in Ras Al Khaimah, UAE, under the patronage and presence of H.H. Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah.
The Summit, hosted by Ras Al Khaimah Municipality, is supported by the UAE Ministry of Energy and Infrastructure, Ministry of Climate Change and Environment, the International Renewable Energy Agency (IRENA), the United Nations Industrial Development Organization (UNIDO) and Masdar.
Her Excellency Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, said: “The environmental, business, and moral case for renewables is strong, as they provide a reliable and sustainable solution to energy poverty and climate change.
"The UAE is an active contributor to the global energy transition drive and is spearheading the deployment of renewables on the domestic as well as international front.
"MOCCAE is proud to support RAK Energy Summit that will offer a valuable opportunity for local, regional, and global industry stakeholders to shape a shared vision for a low-carbon growth trajectory.”
H.E. Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said: “The RAK Energy Summit is very important in supporting the UAE’s goals of diversifying energy sources and relying on clean and renewable energy to achieve the requirements of sustainable development.
"Another important role of the summit is to position the UAE as a global center for maintaining a sustainable environment that supports green economy.”
H.E. added: “The RAK Energy Summit is particularly relevant as it comes ahead of the country’s participation in the COP27 hosted by the Arab Republic of Egypt, as well as in light of the UAE’s readiness to host the 28th session of the Conference (COP28) in 2023 at Dubai Expo City.
"COP28 has an active role in enhancing the capabilities of the UAE. It is where ambitious initiatives and action plans for the energy sector will be designed and pioneering initiatives and visions will be formulated towards our goal of diversifying of energy sources."
The Minister explained that the UAE is a pioneer in adopting the latest sustainability practices and technology that support clean energy projects, and follows a clear approach to planning for the future of energy and addressing climate change.
H.E. Munther Mohammed bin Shekar, Director General of Ras Al Khaimah Municipality said: "We had a fruitful second advisory board meeting for the RAK Energy Summit.
The summit will serve as a platform for discussing ways for the region to accelerate in the energy transition, which is becoming increasingly central in our strategies for competitiveness and climate change mitigation.
"We at Ras Al Khaimah Municipality are honoured to be hosting this exciting initiative, and we look forward to welcoming important decision-makers and industry leaders from across the region.”
The summit is in line with the RAK Energy Efficiency and Renewables Strategy 2040, and also supports UAE’s Net Zero by 2050 strategic initiative and the country’s preparations for the UN COP 27 and UN COP 28.
RAK Energy Efficiency and Renewables Strategy targets 30% electricity savings, 20% water savings and 20% renewable energy in the generation mix by 2040.
The agenda includes keynote contributions from government and industry leaders, and is sponsored by Siemens, Enova, EESL, EDF, Luceco, Sun Money, Clean Max, Pactive Solutions, Ledvance, Terraco, Netix and Teknoware.