10th International Exhibition and Forum dedicated to advancing future energy, energy efficiency and clean technology – The World Future Energy Summit (WFES) 2017 will be working in the Abu Dhabi Convention Center (UAE) from January 16 to January 19.
Within the framework of Abu Dhabi Sustainability Week (ADSW) 2017, will take place a number of important events that contribute to the full cycle of sustainability, including the World Future Energy Exhibition, the 5th International Water Summit (IWS) – a global platform for promoting sustainable development of water resources in arid regions and the 4th international exhibition and conference EcoWASTE under the slogan “From waste to resources” will demonstrate solutions for sustainable waste management practices and recycling.
Representatives of about 880 companies from 40 countries will gather at the summit. More than 50% of exhibitors are small and medium-sized enterprises (SMEs) from the leading countries that produce clean technologies, including Germany, France, Japan, China, the United States and Great Britain. ADSW 2017 expects about 38,000 visitors from 175 countries, which means a threefold increase from the first edition in 2008.
The main theme of the Abu Dhabi Sustainability Week (ADSW) – “Practical steps towards a sustainable future” focuses on technology, innovation and finance. The rapid decline in the cost of renewable energy opens up more and more investment opportunities.
The UAE intends to invest $ 163 billion in projects related to renewable energy sources, since the main economic goal for the country at the moment is a gradual abandonment of the oil business and investing in renewable energy sources.
His Highness Sheikh Mohammed bin Rashid Al Maktoum Said, UAE Prime Minister, presented a new energy strategy, noting: “This strategy will allow us to balance our economic needs with our environmental goals” and added: “Those who do not think about energy do not think about the future”. “Our energy plan for the next three decades includes the use of different sources of energy – renewable, nuclear energy and organic energy. We will invest 600 billion UAE dirhams (more than 164 billion dollars) until 2050 to guarantee stable economic growth,” – the prime minister said.
The UAE government has made great achievements in developing a unified energy strategy for the whole country. The Prime Minister said that the UAE has not only huge oil reserves, but also a huge potential of solar energy, which had not been used before. Similar projects will soon launch and other countries of the Persian Gulf – Kuwait and Qatar in the first place. According to the plan of the UAE, by 2050, 44% of all energy it produces will come from renewable energy sources.