The UAE approves the National Energy and Hydrogen Strategies

The National Energy Strategy is aimed at increasing the use of renewable energy sources. By 2031, the share of renewable energy in the total UAE energy balance should increase from 10% to 30%, and national investments in energy will grow to $54 billion.

The strategy will be focused on strengthening the UAE global position as a producer and exporter of low-carbon hydrogen by means of developing the supply chains, creating "hydrogen oases" and a national research and development center.

See the most notable UAE business news online in the Telegram channel - Russia-UAE Trade House

WAM, July 3, 2023