The Future of Energy 2025

ADNOC and TAQA are targeting an expansion to 70,000 EV charging points across the emirate by 2030 “

for emerging technologies isn’t easy, but it appears to be meeting sustained success in the UAE. 2024 has been yet another year of solid, demonstrable progress regarding the UAE’s targets on electric vehicle (EV) adoption, integration of autonomous vehicles and smart transportation solutions, and the ongoing partnership between the public and private sectors to make favourable, workable policies that encourage change at a fast yet equitable pace. For EVs, Dubai is the foremost emirate in the growing national adoption trend — according to DEWA there were almost 26,000 on the roads there at the end of December 2023 — a jump of more than 70% from 2022. EV charging stations – essential to the transition – are also widening their footprint, with around 382 in Dubai and 250 in Abu Dhabi. Both emirates have set their sights much higher. Dubai, steered by DEWA, aims to triple its charging stations to over 1,000 by the end of 2025, while Abu Dhabi has ADNOC and TAQA targeting an expansion to 70,000 charging points across the emirate by 2030. Pushing the EV adoption rate relies on fusing convenience with economics. The UAE government continues to make the case for EVs by setting favourable, stable tariffs for consumer charging, tax breaks (for consumers and manufacturers/service providers), low interest loans and other incentives. The public sector has led the way: 20% of federal government agency vehicles are now EVs. This prompted an upwards revision of the target to have at least 50% of all such government vehicles using EV or hybrid powertrains by the end of 2050. This combination of financial incentivisation, improved infrastructure access and the increasingly attractive total cost of ownership (the cost of purchasing, owning and operating the

Transportation – a crucial element affecting every nation’s environmental health and the everyday lives of its citizens and visitors – is now a vehicle for the UAE’s Net Zero by 2050 ambitions, as it harnesses the power of clean energy, smart solutions and next generation infrastructure to create better, safer, cheaper and cleaner ways to get millions of people from A to B. 2024 Pulse Check – Where is UAE on its smart transportation ambitions? Smart and sustainable mobility is a highly visible part of both the broader national strategies (Net Zero, We the UAE 2031, etc) and the specific development plans at the emirate and city level. Converting policy into practical adoption methods

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THE FUTURE OF ENERGY

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