ADNOC, XRG and Masdar announced agreements with German companies across LNG, gas, renewables and technology. The September 11 release says the cooperation could enable investment exceeding €5 billion.
ADNOC and RWE signed a letter of intent to advance LNG sales agreements. Masdar and RWE agreed to consider participation in future German offshore wind auctions. These are development and assessment steps; the investment potential should not be presented as money already spent.
In an IEA scenario, electricity could cost-effectively supply 33 percent of final energy use by 2035; projected import savings are not realized outcomes.
The utility’s long-term plan projects lower emissions despite rising electricity demand; its solar, battery and reverse-osmosis targets are not completed outcomes.
Emirates News Agency (WAM), citing Emirates Water and Electricity Company (EWEC)4 min read
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