Masdar Institute and IRENA Encourage YFEL Members to Pursue Renewable Energy


One-Day Course Offers Information about Career Prospects in US$270-billion Global Renewable Energy Sector

Abu Dhabi, U.A.E., 9 September 2015 – More than 45 members of Masdar Institute of Science and Technology’s Young Future Energy Leaders (YFEL) outreach program were introduced to the rigors of analyses in the fast-growing US$270-billion renewable energy sector during a one-day course hosted today by the International Renewable Energy Agency (IRENA).

Titled ‘Being an analyst in the renewable energy industry,’ the course was led by officials from Masdar and IRENA with members of PricewaterhouseCoopers (PwC), the International Energy Agency (IEA), and the World Bank joining the panel discussion. Participants benefited from the discussion with prominent experts, who highlighted their day-to-day activities and responsibilities as analysts. Experts also offered advice on tools and data sources that could help develop YFEL members into full-fledged industry analysts.

“Energy markets worldwide are undergoing a rapid transformation, including the emergence of renewable energy as a mainstream alternative to fossil fuels,” said IRENA Director-General Adnan Z. Amin. “Government and business must track these changes for policy and planning purposes, and they will need skilled energy analysts to do so. IRENA is pleased to work with Masdar Institute’s YFEL program to help meet the growing need for future energy experts.”

Over the past three years, renewables have accounted for more than half of net capacity additions in the global power sector – meaning more new renewable energy capacity is being installed than new capacity in fossil and nuclear power combined. Today, more than 7.7 million people worldwide are employed by the renewable energy sector, which has grown 17 per cent since last year. These compelling factors encouraged IRENA to organize the one-day course for YFEL members to raise their awareness about career prospects in alternative energy.

Moreover, some of the former YFEL members currently employed with various private, government and non-government organizations including IRENA, have benefited significantly by the outreach program’s annual initiatives on enhancing knowledge and leadership skills. Such former YFEL members including Asiyah AlAli, Programme Officer, Environmental Impacts and Financing of Renewable Energy, IRENA, are keen to interact with the current members and share their experience.

“As a program dedicated to creating future energy leaders, YFEL offers various avenues for professional development in collaboration with industry and non-government partners including IRENA,” said Dr. Lamya Fawwaz, Vice-President, Institutional Advancement and Public Affairs, Masdar Institute. “With incremental growth in opportunities in the renewable energy sector, courses such as this are becoming necessary for strengthening and further developing the region’s skill base. Masdar Institute is delighted to work with IRENA and support talented youth through the YFEL outreach program.”

In addition to courses organized by external partners, YFEL offers guest lectures and intensive courses annually on technology, policy, and leadership that are led by renowned industry experts and Masdar Institute faculty.

About the International Renewable Energy Agency (IRENA)
The International Renewable Energy Agency (IRENA) is mandated as the global hub for renewable energy cooperation and information exchange by 143 Members (142 States and the European Union). Roughly 29 additional countries are in the accession process and actively engaged. IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, inc"luding bioenergy, geothermal, hydropower, ocean, solar and wind energy in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity. www.irena.org

About Masdar Institute
The Masdar Institute of Science and Technology (Masdar Institute) was established by the government of Abu Dhabi as a not-for-profit, private graduate university to develop indigenous R&D capacity in Abu Dhabi addressing issues of importance to the region. In collaboration with the Massachusetts Institute of Technology (MIT), Masdar Institute has developed an academic and research platform that articulates its mission and vision according to critical energy and sustainability challenges. Masdar Institute integrates theory and practice to incubate a culture of innovation and entrepreneurship, working to develop the critical thinkers and leaders of tomorrow. With its world-class faculty and top-tier students, the Institute is committed to finding solutions to the challenges of clean energy and climate change through education and research. http://www.masdar.ac.ae/

About the Young Future Energy Leaders (YFEL) program
The Young Future Energy Leaders program is an integral part of Masdar Institute’s outreach efforts and is a key component of the World Future Energy Summit (WFES) held annually in Abu Dhabi. The YFEL program inspires, engages and empowers bright young people to be tomorrow’s leaders in the field of alternative energy and sustainability. It achieves this by bringing together students and promising young professionals from the UAE and around the world to series of networking, skill development and idea sharing forums focused on this dynamic and vitally important field. In helping nurture tomorrow’s leaders, every year YFEL organizes a series of educational courses on technology, policy, leadership and entrepreneurship to provide participants with the skills they need to successfully lead organizations and communities to a more sustainable future.

Contact information:
Hillary McBride, Communications Officer, IRENA, hmcbride@irena.org +971 56 410 3572
Shaima Al Jarman, Director – Marketing & Communications, Public Affairs, Masdar Institute, saljarman@masdar.ac.ae Phone: +971 02 810 9365