Renewable resources lead the way in smart approach to sustainable development
Dubai, UAE, March 27, 2017: In today’s era, smart energy solutions are a prerequisite for the socio-economic development of the country. The smart energy solutions not only provide access to affordable, reliable, sustainable and modern energy solutions, but also drive the country towards its sustainable development goals. In wake of the above, the inaugural edition of ‘Future Cities Show’ in Dubai, UAE, which runs from April 2nd -4th, will shed light on smart energy solutions.
Future Cities Show 2017 is a global platform for companies and organisations engaged in developing an advanced infrastructure all over the world. It will attract big investors and those who have creative and innovative ideas to build future cities from economic, technological and environmental aspects. Smart energy solutions comprise of renewable energy based products such as solar panels, heaters, real-time energy feeds, insulations, power walls, even solar and wind generated doorbells and light switches.
“Over the years, people have realised the benefits of becoming smarter with their use of energy, as such it’s a natural evolution. In addition, the UAE is well placed to rapidly transition to smart energy sources as renewable resources, with the government, development partners, private sector, international financial institutions and civil society working together in creating solutions that build momentum towards sustainable energy in the country,” said Dawood Al Shezawi, Chairman of Strategic and Head of the organisation committee of the new show.
It has been noted that the mergers and acquisitions in the renewables sector picked up in 2016 across the Middle East and Africa after a long period of slow activity, with greenfield activities continuing to dominate power and utility transactions in the region, attracting $8.7 billion (Dh31.95 billion) of investment last year, according to a report by EY. The EY report - Power transactions and trends: 2016 review and 2017 outlook indicated that the UAE also saw new projects across coal, nuclear and solar, funded by both local and Asian investors, to support its raised renewable energy target from 24 per cent to 26 per cent to help fight climate change. Separately, Dubai launched a $27 billion green fund to support global sustainability projects.
“Smart energy solutions as renewable products will be the focus of discussion at the Future Cities Show. The show will focus on how to successfully align the energy system with the targets of Dubai Clean Energy Strategy 2050 in a cost efficient way; and how to set the right framework to trigger the necessary investments in energy efficiency and renewable energy,” added Al Shezawi.
The Future Cities Show will present the best environmental practices to reduce carbon footprint, less pollution and better luxury for residents of these cities.
“As the energy sector becomes more local, with greater shares of wind, solar, battery storage and electric vehicles, governments understand the need for the public and private sector to work in conjunction. The deployment of these renewable resources will provide UAE with opportunities for more efficient, innovative and competitive energy solutions. As such, the Future Cities Show will serve as a one-stop shop for energy efficiency and renewable energy options. We are excited to see experts offer their ideas and key insights at the inaugural edition of the Future Cities Show,” added Shezawi.
The Future Cities Show 2017 will discuss policies and codes that are required to encourage the use of renewables in the country. It will also feature futuristic designs that can help generate energy, preserve electricity and water consumption up to the latest international sustainable standards.