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FINANCIAL NEWS
Dubai to keep natural gas as main source for power
18 Apr 2011
(MENAFN) Dubai’s Supreme Council of Energy’s chief executive officer, Nejib Zaafrani, said that the oil-rich emirate would maintain its policy for using natural gas as the main fuel source for power generation, reported Arabian Business.
Zaafrani also said that the government is searching for new underground storage options in order to eliminate the gap between supply and demand during summertime, which always witnesses the peak of power usage in the UAE.
Zaafrani also talked about clean coal and solar power to be used in the UAE by 2020, in addition to generating power from nuclear plants by 2030. He said that plans are for these alternative recourses to account at the end for thirty percent of the country’s power generation capacity.
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