Hello everyone,
This week is all about energy. The UAE government has planned to invest $74 billion in energy for the period of 2011-2015. This puts the UAE as the second largest energy investor in the region behind Saudi Arabia.
On a similar note, the UAE government has considered two options to meet their increasing energy demands that can't currently be met by the UAE's current output.
The first solution is a power link between the city of Dubai and Iran. Currently only a discussion, this power link would be placed beneath the sea floor and funnel energy directly into Dubai. It has been stressed that this link would only apply to "direct current," but would still help meet Dubai's growing power demands due to the increase in infrastructure still taking place.
The second solution is for the UAE to start a nuclear power program. Also currently just a discussion, the implementation of nuclear power is being explored throughout the entire Gulf Coast region of the Middle East. Ambassador Hamad Al Kaabi, the UAE's permanent representative to the IAEA has been, in a way, heading up the operation/ discussion for this implementation for the the developing GCCs. According to Kaabi, even solar, wind, and other alternative energy sources are only going to solve a part of the energy problem in the Middle East.
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