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Abu Dhabi has a bet each way: nuclear and renewables

Nuclear, Thermonuclear Sins, and Infrastructure: A Day at the World Future Energy Summit Nuclear, Greentech Media Michael Kanellos 18 Jan 2010 A Day at the World Future Energy SummitIt’s like Spring Break for Big Wigs -“………….The United Arab Emirates likes nuclear. “Hydrocarbons will play a role. Renewables will play a critical role and nuclear energy for some time until renewable energy is able to get to the point where it is economical and can scale will play a role,” said Dr. Sultan Al Jaber, CEO of Masdar, the sprawling alternative energy/education/urban planning project launched by Abu Dhabi said during a presentation yesterday evening. “Nuclear is not a net zero carbon source of energy but it is a net zero carbon source of power.”

Jaber also noted that investments in alternative energy came to $155 billion dollars last year, a four-fold increase since 2004. Despite the economic downturn “renewables maintain their relevance and still make sense,” he further stated in a presentation this morning. (Sultan, by the way, is not his title. It is his first name.) Abu Dhabi is heading up the effort to make IRENA, the International Renewable Energy Agency, an international renewable energy equivalent of the International Energy Agency.
Greentech Media: Nuclear, Thermonuclear Sins, and Infrastructure: A Day at the World Future Energy Summit

January 20, 2010 - Posted by Christina Macpherson | ENERGY, MIDDLE EAST | nuclear, renewable energy