- Update
-
- Format
- 3 files (PDF report, 2 Excel files)
- Pages
-
30 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
- ABBREVIATIONS
- GLOSSARY
Buy United Arab Emirates energy report
Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.
After validation, you will immediately receive 3 files by email (one pdf report and 2 excel files containing the datasets).
Overview
This analysis includes a comprehensive United Arab Emirates energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
Highlights
- The Government targets a 32% share of nuclear and renewables in the power mix by 2030.
- The updated NDC raised the GHG emissions reduction target to 40% by 2030, compared to a BAU scenario.
- TAQA supplies around 70% of the power generated in Abu Dhabi.
- ADNOC is the main oil and gas producer.
- Oil production has increased by 35% since 2023.
- The share of gas in the power mix has dropped by 22 points since 2019, reaching 75% in 2023, to the benefit of nuclear (18%) and solar (5%).
- Motor fuel prices fell for the first time in 4 years by around 10% in 2023.
- Gas covers 59% of total energy consumption.
- The UAE is investing massively in solar energy, with 7 GW planned.
- Abu Dhabi is studying the possibility of producing hydrogen from nuclear.
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
Resources:
The proven oil reserves are estimated at 15 Gt or 110 Gbl (end of 2022; 6th largest in the world), 96% of which are located in Abu Dhabi. The proven natural gas reserves are 8 210 bcm (7th largest in the world), 93% of which are in Abu Dhabi.
Energy Prices
Electricity:
Each emirate decides its prices independently. Electricity prices are dependent on natural gas prices.
Energy Consumption
Total energy consumption per capita is very high (the 4th highest worldwide in 2023) and represented around 10 toe in 2023. Per capita electricity consumption is also very high with 15 MWh in 2023 (8th 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.
- GRAPH 1: CO2-energy Emissions (MtCO2)
- GRAPH 2: Installed electric capacity by source (2023, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: Power generation by source (2023, %)
- GRAPH 5: Gasoline & diesel prices (US$/l)
- GRAPH 6: Consumption trends by energy source (Mtoe)
- GRAPH 7: Total consumption market share by energy (2023, %)
- GRAPH 8: Final consumption market share by sector (2023, %)
- 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.
The United Arab Emirates energy market data since 1990 and up to
is included in the Excel file accompanying the United Arab Emirates country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- United Arab Emirates Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the United Arab Emirates energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).