Gulf emirate needs to add about 50 additional megawatts of renewable capacity ahead of event
Authorities in Dubai will need to spend about $100m on developing solar energy capacity ahead of the Expo 2020, according to a third-party estimate.
Speaking to Bloomberg, consultant Access Advisory said that the Gulf emirate requires about 50 additional megawatts of solar power capacity by the time the six-month event takes place.
Stephen Bontemps, managing director of Dubai-based access, said that this new target would assist Dubai in reaching its target of generating half the power needed to run the Expo from renewable resources.
Dubai secured the rights to host the World’s Fair on November 27, and is expected to attract up to 25m visitors to the event. Officials in the emirate also say that they will spend more than $8bn on new infrastructure and the 448-hectare venue, creating 277,000 jobs in the process.
Energy demand in Dubai is rising by about 5 percent per annum and the emirate plans to source about 5 percent of its energy requirements from renewables by 2030.
State-owned utility DEWA’s capacity rose by more than 10 percent in 2012, with its total installed power capacity reaching 9,646 megawatts, compared to 8,721 megawatts in the prior year.