< Previous58 The hydroelectric power station in Hatta is the first of its kind in the GCC region. This 250 MW facility will generate electricity by utilising water stored in the Hatta Dam and will have a storage capacity of 1,500 MWh. with a lifespan of 80 years. The station will draw water from the Hatta Dam and an upper reservoir being constructed in the nearby mountains. During off-peak hours, advanced turbines powered by clean energy will pump water from the dam to the upper reservoir. As water flows from the upper reservoir back down through a 1.2-kilometre subterranean canal it drives turbines to generate electricity for the Dubai Electricity and Water Authority (DEWA) grid. It also has a storage efficiency of up to 78.9% and boasts a rapid 90-second response time to electricity demand. To recharge the system, clean energy from the Mohammed bin Rashid Al Maktoum Solar Park pumps water back through the tunnel to the upper reservoir, converting electrical energy back into potential energy. This upper reservoir is situated 150 meters above the Hatta Dam. This cyclical process ensures that the entire project operates on 100% renewable energy. This project is part of DEWA’s commitment to the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050, aiming to ensure that 100% of Dubai’s power production capacity comes from clean energy sources by 2050. OAG_World Energy Transition Leaders 2024_56-59_DEWA_13331745.indd 58OAG_World Energy Transition Leaders 2024_56-59_DEWA_13331745.indd 5810/07/2024 09:4410/07/2024 09:4459 OAG_World Energy Transition Leaders 2024_56-59_DEWA_13331745.indd 59OAG_World Energy Transition Leaders 2024_56-59_DEWA_13331745.indd 5910/07/2024 09:4410/07/2024 09:446060 OAG_World Energy Transition Leaders 2024_60-63_Nabors Project_13332213.indd 60OAG_World Energy Transition Leaders 2024_60-63_Nabors Project_13332213.indd 6010/07/2024 09:4410/07/2024 09:44616161 ENERGY HUB OF THE FUTURE Uniting solar, geothermal and energy storage systems to generate 100% renewable baseload power, heat and green fuels OAG_World Energy Transition Leaders 2024_60-63_Nabors Project_13332213.indd 61OAG_World Energy Transition Leaders 2024_60-63_Nabors Project_13332213.indd 6110/07/2024 09:4410/07/2024 09:4462 In recent years, Nabors has strategically redefined its portfolio, extending its leadership to the broader energy services space to help drive a lower- carbon future. In 2023, Nabors unveiled its energy hub of the future concept: hybridizing power generation assets by co-developing different sources of renewable generation assets together. In doing so, Nabors believes its portfolio companies can deliver clean, scalable, baseload power, 24 hours a day, seven days a week while also producing heat and green fuels that are needed to decarbonize hard-to abate sectors. Nabors is also developing advanced nanomaterials using a proprietary process to produce materials that can be used to enhance the performance of clean energy technologies. While reaching for growth in the new energy space, Nabors continues to demonstrate a profound dedication to drilling and lowering emissions from oil and gas operations. Nabors has recently drilled wells for lithium extraction, carbon storage and geothermal, as well as we developed new solutions to improve the energy efficiency of drilling rigs, lowering fuel costs and emissions. The company’s artificial intelligence, rig electrification and broader energy efficiency technologies have been deployed across several countries, including the US, Argentina and Saudi Arabia. One of the most mature products in the region is the Canrig ILLUMIC™ Lighting System. Installations across the Middle East not only saved energy and fuel but also improved worker visibility during night shifts and low-light conditions with its enhanced LED technology. Recently reported in its 2023 Sustainability Report, Nabors achieved a 6% aggregate reduction in emissions per foot drilled in the US and internationally last year compared to 2022. OAG_World Energy Transition Leaders 2024_60-63_Nabors Project_13332213.indd 62OAG_World Energy Transition Leaders 2024_60-63_Nabors Project_13332213.indd 6210/07/2024 09:4410/07/2024 09:4463 OAG_World Energy Transition Leaders 2024_60-63_Nabors Project_13332213.indd 63OAG_World Energy Transition Leaders 2024_60-63_Nabors Project_13332213.indd 6310/07/2024 09:4410/07/2024 09:446464 OAG_World Energy Transition Leaders 2024_64-67_Nuclear Plant_13332022.indd 64OAG_World Energy Transition Leaders 2024_64-67_Nuclear Plant_13332022.indd 6410/07/2024 09:4510/07/2024 09:4565 BARAKAH NUCLEAR PLANT The fi rst multi-unit operational nuclear plant in the region 6565 OAG_World Energy Transition Leaders 2024_64-67_Nuclear Plant_13332022.indd 65OAG_World Energy Transition Leaders 2024_64-67_Nuclear Plant_13332022.indd 6510/07/2024 09:4510/07/2024 09:4566 The Barakah Nuclear Energy Plant is situated in the Al Dhafra region of the Emirate of Abu Dhabi, along the Arabian Gulf, approximately 53 km west-southwest of the city of Ruwais. The plant which began construction in 2012 is a key component of the UAE’s strategy to diversify its energy sources, delivering clean and efficient energy to homes, businesses, and government facilities while reducing the nation’s carbon footprint. In March 2024, Nawah Energy, a subsidiary of Emirates Nuclear Energy Corporation announced that it had successfully started up Unit 4 at the Barakah nuclear energy plant in the UAE. This milestone signifies the initial production of heat through nuclear fission, a crucial step towards electricity generation. Unit 4 was connected to the national grid in March 2024. It will undergo a rigorous testing phase, gradually increasing its output until it reaches full power, contributing to the Barakah plant’s total capacity of 5.6 GW. Once fully operational, Unit 4 will help supply 25% of the UAE’s electricity demand with zero-carbon emission electricity. The plant is expected to be operational in late 2024/early 2025 and will prevent up to 22 million tons of carbon emissions every year, equivalent to removing 4.8 million cars from the roads. It will also contribute 85% of Abu Dhabi’s clean electricity. OAG_World Energy Transition Leaders 2024_64-67_Nuclear Plant_13332022.indd 66OAG_World Energy Transition Leaders 2024_64-67_Nuclear Plant_13332022.indd 6610/07/2024 09:4510/07/2024 09:4567 OAG_World Energy Transition Leaders 2024_64-67_Nuclear Plant_13332022.indd 67OAG_World Energy Transition Leaders 2024_64-67_Nuclear Plant_13332022.indd 6710/07/2024 09:4510/07/2024 09:45Next >