The Energy Transition in Dubai, UAE

Dubai, a global financial and trade centre, is at the forefront of the UAE’s economic diversification strategy. While traditionally reliant on petroleum, the emirate is heavily investing in renewables, particularly solar energy, through initiatives like the Mohammed bin Rashid Al Maktoum Solar Park. Dubai is committed to sustainable energy development and has set ambitious goals to reduce its carbon footprint, aiming for 75% of its power to come from clean energy sources by 2050. With a thriving metals sector, Dubai plays a key role in the processing and trade of critical minerals, such as aluminium and copper. The emirate’s Jebel Ali Port is one of the largest import/export hubs for metals and energy products in the region. Dubai’s extensive infrastructure, including state-of-the-art ports and airports, supports a robust trade network for both energy resources and manufactured goods. As a financial hub, Dubai is also attracting significant investment in green technologies, which supports its ambitions to become a global leader in sustainable energy and innovation.