Energy Report UAE July 2017

Energy Report UAE July 2017

  • July 2017 •
  • Report ID: 1697978

  • The Economist Intelligence Unit expects the UAE's energy consumption to rise from 75m tonnes oil equivalent (toe) in 2016 to 91m toe in 2021.
  • Energy consumption is driven by a growing population and a hot climate (which encourages the use of air-conditioning). Abu Dhabi's efforts to diversify its economy will also boost demand in 2017-21. The household sector is the biggest consumer of electricity; consumption in this segment will be curbed by recent cuts to fuel subsidies and increases in electricity and water prices.
  • The UAE will continue to rely on hydrocarbons, especially natural gas-which currently makes up around 75% of the total energy mix-to meet its energy needs. However, the proportion of natural gas in the energy mix is forecast to decline as other energy sources are developed.
  • The UAE is the most advanced of the Gulf Co-operation Council (GCC) states in its plans to develop both nuclear and solar energy.


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Country=UnitedArabEmirates Industry=Energy ParentIndustry=HeavyIndustry Date=201707 Topic=Demand Publisher=TheEconomistIntelligenceUnit Price=1000