Key Market Indicators
The Emirati renewable energy sector is on track for significant growth, with projections indicating a rise to 20 terawatt-hours (TWh) by 2028. This marks an increase from the current 11 TWh recorded in 2023. The sector is expected to grow at an average annual rate of approximately 9%. Since 2014, the supply of renewable energy in the UAE has surged, with a year-on-year increase of over 50%. This upward trend highlights the country's commitment to expanding its renewable energy infrastructure and reducing its carbon footprint.
