Renewable energy has become economically attractive in the oil-rich United Arab Emirates (UAE). Ramping up renewables to 10% of the country’s total energy mix, and 25% of total power generation, could generate annual savings of USD 1.9 billion by 2030 through avoidance of fossil-fuel consumption and lower energy costs. With health and environmental benefits factored in, the transition to renewables could generate additional net annual savings of USD 1 billion to as much as USD 3.7 billion by 2030.

IRENA’s working paper, Doubling the Global Share of Renewable Energy: A Roadmap to 2030, outlines the proposed process, and progress to date, of REMAP 2030 – IRENA’s global roadmap for policies and actions to double the share of renewable energy by 2030.