United Arab Emirates energy report

• The Government targets a share of 44% of renewables in the energy mix in 2050.
• The updated NDC aims for a 23.5% reduction of GHG emissions by 2030.
• Each emirate has its own government-owned power company. Foreign actors participate through public-private partnerships in IPP.
• ADNOC is the main oil producer. In 2019 and 2020, 5 offshore blocks were attributed to international companies.
• Three units of the first nuclear power plant were commissioned in 2020 and 2021.
• Around 80% of the oil produced is exported, almost exclusively to Asia and the Pacific region.
• Energy prices are among the lowest in the world.
• The country has one of the highest electricity consumptions per capita in the world.
• The country is diversifying its power mix with the commissioning of nuclear, solar, and coal capacities.

• Institutions & Energy Policy

  The United Arab Emirates (UAE) is a federal state made up of seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah. The UAE is bordered by Oman to the east and Saudi Arabia to the south; it shares sea borders with Qatar, Iran, and Pakistan. The federal structures draft the outlines of general policies, while the emirates implement those policies.

• Energy Supply

  Oil:

  Oil production decreased by 8%, reaching 174 Mt in 2020 due to the COVID-19 pandemic. It had previously remained stable between 2015-2019 at around 180 Mt after a rapid increase of around 6%/year between 2010 and 2015.

  The country exports around 80% of its production (2020), almost exclusively to Asia and the Pacific region.

• Energy Prices

  Oil:

  The prices of gasoline and diesel were deregulated in 2015. The new pricing formula is based on average global prices plus operating costs.

  Motor fuel prices are among the lowest in the world: US$0.51/l for gasoline and US$0.58/l for diesel (2020). They have been declining since 2018.

  Graph: GASOLINE & DIESEL PRICES (US$/l)

• Energy Consumption

  Total energy consumption per capita is very high (the 11^th highest worldwide in 2020) and represents 6.3 toe in 2020. Per capita electricity consumption is also very high at 12.5 MWh in 2020 (9^th highest in the world), because of air conditioning in buildings and electro-intensive industries (aluminium).

• Issues & Prospects

  Electricity:

  The sharp growth in the consumption of electricity has led the UAE to commit to making important investments for the construction and extension of power plants. Accordingly, the total capacity should increase by 45% to around 58 GW in 2022.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the United Arab Emirates energy market report graphs:

• GRAPH 1: CO₂-energy Emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Consumption trends by energy source (Mtoe)
• GRAPH 7: Total consumption market share by energy (2020, %)
• GRAPH 8: Final consumption market share by sector (2020, %)

In the United Arab Emirates energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.