Oman’s Nama signs PPA agreement for the sultanate’s largest desal plant

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WHAT WE’RE TRACKING TODAY

TODAY: Nama inks PPA for Oman’s largest desal plant

Good morning, folks. It’s a light news day in the regional climate industry, but we have a development on Oman’s largest desalination plant and a deep dive into the effectiveness of direct air capture as a decarbonization tool. Before we dive in, there’s movement on the Biden front….

THE BIG CLIMATE STORY OUTSIDE THE REGION- Biden gives the US uranium fuel industry a boost: The US will no longer import enriched uranium from Russia to fuel its nuclear power plants after President Joe Biden signed a ban into law yesterday. The move comes as the Biden administration seeks to curb financial outflows to Russia and apply pressure amid the war in Ukraine. The import ban will go into effect within three months allowing the US Department of Energy to issue waivers if supply concerns occur. The new legislature will also give a boost to the domestic uranium fuel industry by unlocking nearly USD 2.7 bn in funding. The US imports nearly 24% of the enriched uranium needed to run power plants from Russia and current domestic capacity supplies only 30% of the fuel needed by reactors in the US.

The story made headlines in the international press: Reuters | Bloomberg | The Washington Post | The Guardian

HAPPENING TODAY-

Global development organization Hivos is hosting the Green Growth Summit in Cairo today. Private sector players, financial institutions, investors, donors, and policymakers will gather to discuss green exports, de-risking green investments, green jobs, green ambassadors, and green impact investing.

WATCH THIS SPACE-

Turkey’s Yildirim Energy to build 109 MW solar plant in Kosovo: Turkish utility giant Yildirim Energy will develop a 109 MW solar PV plant to power its ferronickel plants in Eastern Europe’s Kosovo, according to a statement. This plant — the first for the company in Kosovo — will cover all consumption demands of the ferronickel plant, the statement added. Ferronickel is a crude alloy of iron and nickel sometimes used in making nickel steel.

About Yildirim Group: Yildirim Group is a family-owned conglomerate headquartered in Turkey with companies in mining and shipping, according to its website. The company’s energy subsidiary Yildrem Energy has plans to produce new solar power plants and to build wind and geothermal power projects across its markets, aiming at reaching 3 GW of energy production capacity by 2030, according to its website. The group has a solar subsidiary called Yilsolar

EU greenlights emissions-free truck mandate for 2040: EU nations have approved a law mandating a 90% cut in CO2 emissions from new heavy-duty vehicles sold in the EU by 2040, Reuters reports. The law stipulates truck manufacturers will have to sell a large share of fully CO2-free trucks — including electric vehicles and those running on hydrogen fuel — in order to offset any unsold CO2-emitting vehicles in 2040. The European Automobile Manufacturers' Association describes the policy as the “world's most ambitious,” emphasizing the need for rapid infrastructure development, including 50k truck-suitable public electric charging points by 2030.

The transition will happen gradually: The law will phase-out emissions from trucks gradually, with targets set for a 45% emissions reduction by 2030 and 65% reduction by 2035. New buses sold will also have to cut emissions by 90% in 2030 and 100% in 2035.

Most of Europe is on board: Only Italy, Poland and Slovakia opposed the new policy, while Germany agreed to back the law following the addition of a preamble stating that the European Commission would consider counting trucks that run on CO2 neutral fuels towards the targets. The Czech Republic abstained from Monday’s vote.

IN OTHER EU NEWS- EU seeks increase in electric grid funding: The EU is concerned that outdated electricity infrastructure could impede its green energy transition, prompting requests to the European Commission for increased power grid funding, Reuters reports, citing a draft document it saw. The bloc aims to expand power grids to accommodate renewable energy sources and EV charging stations by leveraging EU funds and support from the European Investment Bank.

The power sector is facing several obstacles: Current investments in grids fall short of the required EUR 584 bn, and delays in connecting green energy projects to existing grids highlight the urgency for upgrades, the news outlet writes. Disagreements also persist among EU members regarding cost-sharing for large-scale cross-border projects like offshore wind farms.

DANGER ZONE-

The world’s biggest banks back fossil fuel industry: The largest banks in the world doled out USD 6.9 tn in funding for fossil fuels since the 2015 Paris climate agreement, according to a new report (pdf) by Banking on Climate Chaos. US banks accounted for 30% of the total USD 705 bn provided in 2023 alone, with JP Morgan Chase giving the most worldwide at USD 40.8 bn. Japan’s Mizuho came in second at USD 37.1 bn, while Bank of America followed. European banks made up more than a quarter of fossil fuel financing last year. The UK’s Barclays provided USD 24.2 bn, giving it the top spot in Europe. It was followed by Spain's Santander at USD 14.5 bn and Germany’s Deutsche Bank with USD 13.4bn.

The story was picked up by The Financial Times, The Guardian, and Forbes.

Biodiversity loss is one of the primary environmental factors driving the increase in infectious disease outbreaks, The Guardian reports, citing a study published in Nature Journal. The research — conducted by the University of Notre Dame and Brazil's Fiocruz Institute — analyzed nearly 1k studies and found that the loss of species poses the greatest risk for disease spread, followed by climate change and the introduction of non-native species. The focus on zoonotic diseases — which are transmitted from animals to humans — has intensified following the Covid-19 pandemic, with 75% of emerging human diseases being zoonotic. The researchers suggest that actions like reducing emissions, curbing biodiversity loss, and preventing invasive species could mitigate disease burdens globally.

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CIRCLE YOUR CALENDAR-

Saudi Arabia will host the Saudi Energy Convention from Sunday, 19 May to Tuesday, 21 May in Riyadh. The convention will see energy and utilities industry leaders advance collaborative decarbonization efforts and identify innovation areas. It will also host the Saudi Utilities Convention and Saudi Hydrogen Convention to address the role and challenges of rolling out hydrogen, water and utility projects that are in line with the global energy transition. Over 10k energy professionals and 200 industry speakers will be present at the event.

The UAE will host The Electric Vehicle Innovation Summit from Monday, 20 May to Wednesday, 22 May in Abu Dhabi. The event will see industry leaders come together to discuss sustainable mobility and tapping into groundbreaking advancements in electric vehicles while engaging with key decision-makers.

Saudi Arabia will host the Future Aviation Forum from Monday, 20 May to Wednesday, 22 May in Riyadh. The event, organized by the General Authority of Civil Aviation, will see the Kingdom showcasing some USD 100 bn worth of investment options in the aviation and logistics sector at large.

The UAE will host the Bonds, Loans & Sukuk Middle East event from Tuesday, 4 June to Wednesday, 5 June in Dubai. Billed as the Middle East's largest corporate and investment banking event, it serves as a key meeting point for those active in the region's capital markets. Over 1.4k governments, corporates, investors, banks, law firms, regulators and service providers as well as more than 75 expert speakers will be in attendance.

Turkey will host the International Conference on European Energy Market, from Monday, 10 June to Wednesday, 12 June in Istanbul. The three-day event will gather experts from scientific, industry, and policy sectors for discussions on various energy market-related topics. The conference covers themes including energy modeling, market design, regulatory policies, and climate change.

Check out our full calendar on the web for a comprehensive listing of upcoming news events, national holidays and news triggers.

Oman’s Nama signs PPA agreement for the sultanate’s largest desal plant

Nama to construct USD 325 mn desalination plant in Oman: Nama Power and Water Procurement Company (Nama PWP) has signed an PPA agreement with a consortium of three local and international companies — Sogex Oman, Spain’s GS Inima, and Saudi Arabia’s Al Jomaih Energy and Water — for the third phase of a OMR 125 mn (c. USD 325 mn) desalination plant in Al Ghubrah city, according to a statement here and here (watch runtime: 5:11 ). Nama PWP will also build a potable water reservoir as part of the project. The goal is to ensure water security in Muscat and the surrounding provinces.

The details: The project — dubbed the Ghubrah 3 desalination plant — will have a production capacity of 300k cubic meters per day and is set to be the largest desal plant in Oman at 70.4k square meters. It is expected to begin operations in 1Q 2027. The consortium will carry out the construction works under the JV The Capital Desalination Company, which is chaired by GS Inima’s CEO Marta Verde. The project is set to be the largest desalination plant in Oman — located on a land area of 70.4k sqm.

Nama is transitioning to renewables: Nama is establishing a hydrogen infrastructure company with Hydrom, OQ Gas Networks, and the Oman Electricity Transmission Company. The company has also opened pre-qualification requests for five new independent power producer (IPP) wind projects in Oman with a total capacity of over 1 GW. Nama PWP also has waste-to-energy (WtE) plans in the works, and is studying the feasibility of producing biogas from wastewater sludge as a promising WtE initiative.

And is already on its way: InfraCo — a new shared hydrogen infrastructure company under establishment by Nama Water Services, Hydrogen Oman, OQ Gas Networks, and the Oman Electricity Transmission Company — are working on building infrastructure for green hydrogen projects across the Al Wusta and Dhofar governorates, including desalinated water supply systems to power hydrogen production sites. Nama also signed an agreement with TotalEnergies to build a 17 MW solar project to power its Sur desalination plant under a JV with France’s Veolia.

IN OTHER NAMA NEWS-Oman launches energy mix study: Nama PWP is implementing a strategic study to determine the optimal mix of energy resources for the next 15 years, Oman Observer reports. The study — titled the Optimum Energy Mix and Storage study — will also explore energy storage technologies, and is part of a larger program by Oman to support the large-scale adoption of solar and wind projects, enhancing energy efficiency, and supporting the digitalization of services.

What they said: “PWP commissioned a strategic study in coordination with different stakeholders to model and analyze scenarios relating to the transition path for Oman’s generation mix until 2040, with a particular focus on the transition from today’s predominantly gas-based system to a mixed system,” CEO Ahmed bin Salim al Abri said.

Is Direct Air Capture an effective decarbonization tool?

The world’s largest DAC plant is now operational: Swiss direct air capture company Climeworks began operating the world’s largest direct air capture and storage (DAC+S) plant, Mammoth, in Iceland, according to a press release published last week. The plant is set to capture up to 36k tons of CO2 annually — ten times larger than its predecessor plant Orca. Despite representing a major milestone for DAC tech, the capacity is negligible compared to the 20 bn tons of CO2 that needs to be captured annually to offset global emissions.

How does Direct Air Capture work? Direct air capture (DAC) is a process of capturing CO2 directly from the atmosphere using chemical reactions. It can be set up at any location — unlike regular carbon capture which is carried out at the point of emissions such as factories. DAC uses solvents that selectively react with and trap CO2 which is then injected and stored in deep geological formations or sold and used for various applications including manufacturing synthetic aviation fuels and building materials.

Proponents of DAC argue the tech could accelerate decarbonization: DAC can mitigate the effects of rising temperatures by actively reducing the CO2 in the atmosphere. When deployed, the 130 DAC facilities currently at various stages of development, would capture 75 Mt of CO2 per year, which is the level required in 2030 under the Net Zero Emissions by 2050 (NZE) Scenario. DAC is also considered an efficient form of carbon capture in terms of required land as it can capture up to 1000x CO2 than reforestation in the same land space. It’s also based on a modular tech design, making it highly scalable and measurable.

But oil and gas are hijacking the tech to continue production, scientists warn: Scientists warned that DAC should not distract attention from other mitigation measures — especially reducing fossil fuel use — to efficiently cut emissions. Carbon capture — including DAC — has been primarily used by oil and gas industries for enhanced oil recovery, a technique that injects CO2 into oil fields to extract more oil, effectively leading to a net increase in atmospheric CO2, according to Scientific American. While the technology promises to address emissions from industries like steel, cement, and chemicals, its large-scale effectiveness remains unproven, especially as some countries such as the EU have set carbon capture goals without setting specific targets for the number of facilities needed.

Commercialization challenges: DAC is more expensive per ton of CO2-removed than other approaches of carbon capture making it highly financially unsustainable. The CO2 in the air is more diluted than directly at high-emission factories and this contributes to DAC’s higher energy needs. Energy sources need to be zero- or very low-carbon which is expensive to maximize net CO2 capture. Some have also voiced concerns about the toxicity of the solvents used in the process and the risks of long-term storage solutions. Most of the announced DAC facilities are still in the early stages of development and can’t be operational or reach final investment status without further development of market policies and mechanisms to create demand.

Regional countries started adopting various methods of carbon capture to achieve their net-zero goals, especially Gulf states which are expected to continue tapping into their oil and gas reserves for the next 20-100 years. Gulf states are trying to minimize the emissions from these fuels using technologies such as carbon capture and storage (CCS), converting hydrocarbons to hydrogen, ammonia, or CO2 using direct air capture.

KSA is among the regional investors in DAC: Saudi Arabia — which set a bar in efforts to cut emissions with a carbon-capture target of 44 mn tons a year by 2035 — announced its is designing its first DAC plant in 2022. The King Abdullah Petroleum Studies and Research Center also signed an MoU with the Institute of Energy Economics, Japan in July to collaborate on energy and climate efforts including DACs. Saudi’s Aramco Ventures participated in a USD 80 mn funding round for US-based climate tech company CarbonCapture, marking one of the largest investments into the technology. Aramco also joined forces with Siemens Energy to develop a DAC test unit in the country’s Dharan city.

UAE followed suit: UAE’s Adnoc signed a strategic collaboration agreement with Occidental Petroleum to explore potential investment opportunities in CCS hubs in the UAE and the US, last month. The carbon capture program, which will include potential investment in CCUS and DAC, is part of an initial USD 15 bn decarbonization investment in low-carbon solutions to reach Adnoc’s Net-Zero by 2045.

Oman has its own DAC projects: The Sultanate gained attention for its potential to host large-scale carbon capture projects, according to an International Energy Agency's (IEA) report (pdf) last June. 44.01 and DAC company Aircapture are working on a DAC and mineralization project in Oman. The companies will break ground on the project in Oman’s Hajar mountains in late 2024, using and upscaling the use of peridotite mineralization in reducing atmospheric CO2 levels. The project will have the capacity to deliver 500 tons of liquid CO2 annually with plans to increase the capacity later on.

Climeworks is also working with the sultanate: The company is partnering with Omani startup 44.01 in June to study the deployment of DAC with storage in peridotite formations in the sultanate. Climeworks is also working on developing multiple megaton hubs in the US funded by over USD 600 mn from the US Department of Energy, and is exploring potential DAC+S sites in Norway, Kenya, and Canada. The company’s roadmap includes achieving megaton carbon removal capacity by 2030 and gigaton scale by 2050, the statement said.

DAC is being globally adopted: The US Department of Energy announce d spending USD 1.2 bn on two DAC facilities in Texas and Louisiana in August, and Amazon already committed to purchasing 250k carbon from the 1PointFive (DAC) plant in Texas over 10 years. DAC is also included in the European Commission's goal to store up to 50 Mt of CO2 a year by 2030. Japan’s plans to capture 6-12 Mt of CO2 per year by 2030 through the help of DAC plants. The UK dedicated GBP 20 bn to CCUS applications and DAC in its annual budget in 2022.

REMEMBER- CO2 is on the rise: A US observatory saw a record-breaking y-o-y increase in CO2 concentration in March of 4.7 parts per mn (ppm) compared to last year to reach 426 ppm — inching closer to the 465 ppm limit to keep temperatures 1.5°C.

With the addition of Mammoth, there are now 28 DAC plants commissioned globally, capturing only 0.01 metric tons (Mt) of CO2 per year, according to the International Energy Agency (IEA), which recorded a 1.1% increase in CO2 emissions — equivalent to 410 Mt — in 2023 to reach a new record high of 37.4 bn tons (Gt).

UAE and Mauritius strengthen energy cooperation

The UAE inked an MoU with Mauritius to boost cooperation in energy, renewables, hydrogen, energy efficiency, desalination, and water management, Wam reports. Signed between the energy and infrastructure ministry and the Mauritian energy and public utilities ministry, the MoU will see the two countries explore striking public-private partnership and independent power producer agreements to develop joint projects.

UAE’s district cooling giants partner on efficiency

DISTRICT COOLING-

UAE to boost district cooling efficiency: The UAE’s Energy and Infrastructure Ministry has signed three cooperation agreements with Empower Energy Solutions, Emirates District Cooling (Emicool), and the National Central Cooling Company (Tabreed) to improve its district cooling efficiency, according to a statement. The agreements aim to reduce cooling costs and demand and boost the integration of renewables in the cooling infrastructure cycle.

CARBON MARKETS-

ITFC + RVCMC explore blue carbon credits in the Maldives: The International Islamic Trade Finance Corporation (ITFC) and the Regional Voluntary Carbon Market Company (RVCMC) have signed an MoU to support sustainability goals in the Maldives by assessing the feasibility of blue carbon credits, SPA reported. The agreement will assess the potential of generating blue carbon credits from the Maldives coastal ecosystem of mangroves and seagrass.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

Egypt launching EV cabs in New Capital: Egypt’s Ministry of Transportation will launch 10 electric taxis in the New Administrative Capital on Wednesday. This will be a trial run of the project’s first phase, which will make 145 electric vehicles available for use. (Masrawy)
Fils + AFS partner on sustainable digital transformation: The UAE's Fils is partnering with Arab Financial Services (AFS) to integrate sustainability into business operations and financial transactions in the Middle East. The partnership will focus on green financial products, industry leadership in sustainability, and setting new standards for responsible finance. (Statement)
UAE solar power project in Yemen: The UAE’s EPC contractor Electromeca International Projects has inaugurated a solar energy station in Shabwa, Yemen, the third of its kind provided to Yemen by the UAE. The unit is equipped with a conversion station and 19 km-long high-tension lines. (IAFES)
Bahrain + UAE team up to reduce electricity consumption: Bahrain’s Electricity and Water Authority (EWA) has partnered with Dewa subsidiary Etihad Energy Services Company (Etihad Esco) to implement the Kafa'a program, which involves reducing electricity consumption in high-consumption buildings in the public and private sectors. (Statement)

Yara to buy green ammonia from Greenko ZeroC

Yara lines up another ammonia agreement: Norway's fertilizer manufacturer Yara Clean Ammonia has signed a term sheet with AM Green's green ammonia production division Greenko ZeroC for the supply of green ammonia from India, according to a statement. The agreement covers the long-term supply of up to 50% of renewable ammonia from Phase 1 of AM Green's facility in Kakinada, which will produce and export renewable ammonia by 2027. The ammonia will be compliant with EU RFNBO and Renewable Energy Directive requirements, according to the statement.

Yara is also buying from the region: The company signed an agreement in March with Green Hydrogen and Chemicals Company (GHC) — a subsidiary of Indian renewable energy company Acme Cleantech — to buy 100k tons of green ammonia annually from its Oman plant.

Equinor urged by investors to meet climate goals: Norwegian energy giant Equinor is being pressed by two of its top ten investors — Luxembourg-based Storebrand Asset Management and Norwegian Pension Company KLP — to align its strategy with global climate goals outlined in the Paris Agreement, Reuters reports. UK-based global investment manager Sarasin & Partners is leading the charge against Equinor, which calls for the company to reveal details on how it plans to adhere to climate goals when developing new gas and oil reserves. Equinor came under fire last year after the firm won development rights for the largest untapped oil drilling project which would generate CO2 emissions equivalent to 56 coal-fired power stations for a year. The company is expected to reach a decision today at its general meeting.

More investors are pushing for revised climate plans: Australia’s largest oil and gas company Woodside Energy faced pushback from investors on its climate plan last month. Industry giant Shell also urged shareholders to vote against an independent resolution, co-filed by 27 investors, calling for the energy company to set stricter climate targets in April.

Electric-battery trucks not ready to compete with traditional diesel

Low demand for costly electric trucks: Demand has been low for heavy-duty battery-electric trucks despite a push from US federal and state governments to transition away from polluting diesel rigs, The Wall Street Journal reported last week. The lack of interest boils down to high costs, low range, long charging times, and battery weight that cannot compete with alternatives in the freight sector as of yet. “The economics just don’t work for most companies,” said Robert Sanchez, chief executive of truck leasing company Ryder System.

The costs: Battery-electric trucks cost about three times more than a standard diesel rig. Although some government programs offset these costs, they do not cover operations. Charging facilities are hard to install, taking years only for the trucks to require several hours to recharge to travel less than half the distance of a refueled diesel truck. The trucks are also heavier, which means more vehicles and drivers to haul the same freight volume. Even with the assumption of widely available charging infrastructure, light-duty battery-electric trucks increase costs by several percentage points and that gap widens as the trucks get heavier, according to a Ryder analysis. If a standard 25-truck fleet was converted — including 10 heavy-duty trucks — annual operating costs would go up by USD 3.4 mn, or 56%. These costs will have to be mitigated for battery-electric to compete with diesel in the freight industry.

China has developed its first 100-kg class vehicle-mounted liquid hydrogen system, according to a statement by the China Aerospace Science and Technology Corporation. The system is set to enhance the range of hydrogen-powered heavy trucks to over 1k km on a single charge. It also offers a 20% increase in effective volume and a cost reduction of over 30%, while meeting international standards in quality, storage density, and refuelling time.

Not the first to reach 1k: Germany's Daimler’s Mercedes-Benz GenH2 Truck completed a journey of 1k km on a single fill of liquid hydrogen last September. The prototype truck was powered by a cell-centric fuel-cell system with a gross combined vehicle weight of 40 tons.

Geologists are exploring volcanic brine for critical minerals

“Volcanic soup” could be the next big source of minerals: Geologists are exploring the potential of tapping into magmatic brine, a mineral-rich substance found beneath volcanoes, for resources like lithium, copper, and cobalt, The Financial Times reported last week.

How is it better than traditional mining practices? This unconventional form of mining is considered a more environmentally friendly alternative to traditional mining methods, FT writes. Magmatic brine, which forms deep below the Earth's surface, contains valuable minerals in solution, requiring less processing and generating less waste compared to land-based mining.

There are challenges: Volcanic brine mining involves drilling into hot and acidic environments that can cause corrosion and collapse in wells, according to FT. Engineers are tasked with finding a way to drill 4 km deep into rocks that reach 400°C and must be wary to avoid premature metal deposition.

An answer to the potential critical mineral crisis? Lithium production will need to increase 10 times by 2050, while cobalt and silver demand will increase by sixfold and double respectively, according to The Guardian. Magmatic mining offers a way to meet these needs that isn’t energy intensive or damaging to the ecosystem. Some 2k volcanoes around the world are currently viable sources for critical minerals.

CALENDAR

MAY 2024

12-14 May (Sunday-Tuesday): J20 Summit, Rio de Janeiro, Brazil.

13-15 May (Monday-Wednesday): World Hydrogen Summit, Rotterdam, Netherlands.

14-15 May (Tuesday-Wednesday): Invest in African Energy (IAE) Forum, Paris, France.

14-16 May (Tuesday-Thursday): Airport Show, Dubai, UAE.

18-25 May (Saturday-Saturday) The World Water Forum, Bali, Indonesia.

19-21 May (Sunday-Tuesday): Saudi Energy Convention, Riyadh, Saudi Arabia.

20-22 May (Monday-Wednesday): Electric Vehicle Innovation Summit, Abu Dhabi, UAE.

28-30 May (Tuesday-Thursday): Make it in the Emirates Forum, Abu Dhabi, UAE.

JUNE 2024

4-5 June (Tuesday-Wednesday): Bonds, Loans & Sukuk Middle East, Dubai, UAE.

5 June (Wednesday): World Environment Day, Saudi Arabia.

5 June (Wednesday): The Optimism Forum, Cairo, Egypt.

5-7 June (Wednesday-Friday): Sustainability World Summit, Frankfurt, Germany.

10-12 June (Monday-Wednesday): The International Conference on European Energy Market, Istanbul, Turkey.

11-12 June (Tuesday-Wednesday): International Conference on Financing Investment and Trade in Africa, Tunis, Tunisia.

11-13 June (Tuesday-Thursday): Morocco Energy Week Summit, Marrakesh, Morocco.

18-19 June (Tuesday-Wednesday): Biofuels International Conference & Expo, Brussels, Belgium.

18-19 June (Tuesday-Wednesday): Sustainable Aviation Fuels Summit, Brussels, Belgium.

25-27 June (Tuesday-Thursday): Connecting Green Hydrogen Europe, Madrid, Spain.

26-27 June (Wednesday-Thursday): Decarbonizing Shipping Forum, Rotterdam, Netherlands.

JULY 2024

2-3 July (Tuesday-Wednesday): Nuclear Power Plants Summit & Expo, Istanbul, Turkey.

12-14 July (Friday-Sunday): G20 Leaders Summit, Rio de Janeiro, Brazil.

16-17 July (Tuesday-Wednesday): The Egypt Mining Forum, Cairo, Egypt.

AUGUST 2024

1 August (Thursday): Distributed Solar Summit, Dubai, UAE.

12-16 August (Monday-Friday): Mastering Renewable & Alternative Energies, Dubai, UAE.

20-21 August (Tuesday-Wednesday): The World ESG Summit, Dubai, UAE.

24-26 August (Saturday-Monday): International Conference on Clean and Green Energy Engineering, Izmir, Turkey.

24-26 August (Saturday-Monday): International Summit on Non-Renewable and Renewable Energy, Valencia, Spain.

SEPTEMBER 2024

16-18 September (Monday-Wednesday): World Utilities Congress, Abu Dhabi, UAE.

17-19 September (Tuesday-Thursday): EV Auto Show, Riyadh, Saudi Arabia.

OCTOBER 2024

1-3 October (Tuesday-Thursday): Water, Energy and Environment Technology Exhibition, Dubai, UAE.

13-17 October (Sunday-Thursday): Cairo Water Week, Cairo, Egypt.

15-17 October (Tuesday-Thursday): EV Auto Show, Riyadh, Saudi Arabia.

NOVEMBER 2024

4-8 November (Monday-Friday): World Urban Forum, Cairo, Egypt.

11-22 November (Monday-Friday) United Nations Climate Change Conference or Conference of the Parties (COP29), Baku, Azerbaijan.

11-14 November (Monday-Thursday): Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), Abu Dhabi, UAE.

18-19 November (Monday-Tuesday): G20 Summit, Rio de Janeiro, Brazil.

26-28 November (Tuesday-Thursday): Saudi Electricity Expo, Riyadh, Saudi Arabia.

27-28 November (Wednesday-Thursday): RAK Energy Summit, Ras Al Khaimah, UAE.

DECEMBER 2024

2-13 December (Monday-Friday): Conference of the Parties (COP16) to the United Nation Convention to Combat Desertification, Riyadh, Saudi Arabia.

JANUARY 2025

14-16 January (Tuesday-Thursday): World Energy Summit, Abu Dhabi. UAE.

FEBRUARY 2025

24-26 February (Monday-Wednesday): Connecting Hydrogen MENA, Dubai, UAE.

EVENTS WITH NO SET DATE

2024

End-2024: Emirati Masdar’s 500 MW wind farm in Uzbekistan to begin commercial operations.

QatarEnergy’s industrial cities solar power project will start electricity production.

November: 9th Arab Forum for Renewable Energy and Energy Efficiency, Amman, Jordan.

2025

International Union for Conservation of Nature World Conservation Congress, Abu Dhabi, UAE.

UAE to have over 1k EV charging stations installed.

2026

26-29 October (Monday-Thursday): World Energy Congress, Riyadh, Saudi Arabia.

UITP Global Public Transport Summit, Dubai, UAE.

Annual Meetings of the World Bank and the International Monetary Fund, Bangkok, Thailand.

1Q 2026: QatarEnergy’s USD 1 bn blue ammonia plant to be completed.

End-2026: HSBC Bahrain to eliminate single-use PVC plastic cards.

2027

MENA’s district cooling market is expected to reach USD 15 bn.

World Water Forum, Riyadh, Saudi Arabia.

2030

UAE’s Abu Dhabi Commercial Bank (ADCB) wants to provide AED 35 bn in green financing.

UAE targets 14 GW in clean energy capacity.

Tunisia targets 30% of renewables in its energy mix.

Qatar wants to generate USD 17 bn from its circular economy, creating 9k-19k jobs.

Morocco’s Xlinks solar and wind energy project to generate 10.5 GW of energy.

2035

Qatar to capture up to 11 mn tons of CO2 annually.

2045

Qatar’s Public Works Authority’s (Ashghal) USD 1.5 bn sewage treatment facility to reach 600k cm/d capacity.

2050

Tunisia’s carbon neutrality target.

2060

Nigeria aims to achieve its net-zero emissions target.

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Oman’s Nama signs PPA agreement for the sultanate’s largest desal plant

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Is Direct Air Capture an effective decarbonization tool?

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Yara to buy green ammonia from Greenko ZeroC

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Electric-battery trucks not ready to compete with traditional diesel

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