Abu Dhabi has officially launched its ambitious 2050 energy strategy, aiming to attract AED 400 billion (approximately $109 billion) in foreign direct investment in the energy sector.

The Abu Dhabi Department of Energy (DoE) unveiled this comprehensive framework for the energy and water sectors during the 2025 World Utilities Congress at the Abu Dhabi National Exhibition Centre. This event saw participation from decision-makers, high-ranking officials, and experts specializing in energy, water, and sustainable technologies.

A Vision for the Future

This announcement aligns with Abu Dhabi's ongoing economic expansion, where the emirate's GDP has recently surpassed AED 1 trillion (about $272.2 billion), solidifying its status as one of the fastest-growing economies globally. The energy and water sectors have significantly contributed to this remarkable growth.

Dr. Abdulla Humaid Al Jarwan, Chairman of the Abu Dhabi Department of Energy, remarked, "This strategic framework represents a comprehensive roadmap for the future of the energy and water sector in the Emirate. It embodies an ambitious vision to transform the sector into a global benchmark for efficiency, innovation, and sustainability, aligned with our leadership's goal of establishing a diversified, net-zero economy by 2050."

He further noted, "We are committed to establishing Abu Dhabi as a global hub for energy innovation, driven by artificial intelligence and advanced digital solutions."

The new strategic framework focuses on four primary objectives:

  • Ensuring a secure and sustainable supply
  • Achieving optimal efficiency in both supply and demand
  • Facilitating decarbonization through smart and economically viable methods
  • Maximizing the economic potential of energy and water resources

The framework encompasses key initiatives, including digital transformation, increasing investments in artificial intelligence, enhancing international collaborations, nurturing local talent, and reforming regulations to encourage private sector involvement and attract global investors.

This strategic plan aspires to draw in AED 400 billion (around $109 billion) in foreign investment by 2050 and aims to enhance local content in vital supply chains to 65%, alongside achieving 100% Emiratisation of critical positions within the sector.

Moreover, this framework enhances economic growth opportunities by drawing in capital and advanced global technologies, further solidifying Abu Dhabi's reputation as a leader in sustainable energy solutions.

The Department of Energy reiterated its dedication to steering policy development, strategic planning, and regulatory frameworks crucial to this essential sector. It also emphasized the importance of fostering collaboration with both local and international stakeholders and empowering communities to contribute towards a vibrant and sustainable future.

In closing, the Department of Energy invited innovators and thinkers worldwide to join its endeavor towards sustainability, asserting that this framework serves as a platform for innovation and fresh ideas aimed at overcoming challenges and enhancing the prosperity of Abu Dhabi and the UAE.