The United Arab Emirates Energy Industry Outlook 2024 - 2028

Key Market Indicators

Emirati energy consumption is projected to hit approximately 5.8 exajoules by 2028, up from around 5.2 exajoules in 2023. This represents a compound annual growth rate (CAGR) of 1.8%. Historically, the United Arab Emirates has seen its energy demand increase by an average of 3.4% annually since 1970. As of this year, the UAE ranks 19th globally in energy consumption, with Spain slightly ahead at 5.2 exajoules. Leading the global ranking are the United States, India, and Russia, occupying the second, third, and fourth positions respectively.

United Arab Emirates Energy Market Data and Forecasts

Other Top Countries about Energy

• Germany
• France
• Italy
• United Kingdom
• China
• Brazil
• Egypt
• Nigeria
• Argentina
• Mexico