Analysis of Solar Energy Development Strategies for a Successful Energy Transition in the UAE

The United Arab Emirates (UAE) is making significant progress in improving its economy by attracting tourists and trade. In the short run, however, economic activity will continue to be more based on oil, natural gas, and related industries. Rising demand for natural gas for power plants and industrial users, such as petrochemicals and steelmakers, has made the UAE a net gas importer, prompting the country to launch multibillion-dollar investments in nuclear and renewable energy. This study addresses the trend of solar energy production and consumption in the UAE. The strengths, weaknesses, opportunities, and threats (SWOT) analysis was performed on the different types of solar energy in the UAE, and some strategies were developed based on it. The SWOT analysis reveals promising strategies for the UAE's solar energy transition that would reduce fossil fuel demand, mitigate greenhouse gas emissions through solar energy production, and transform the UAE into the carbon market centre of the Gulf Cooperation Council countries.

Automated summary

The United Arab Emirates (UAE) is progressing in its efforts to attract tourists and trade, but its economy is still heavily reliant on oil, natural gas, and related industries for now. However, with the increasing demand for natural gas and the UAE's status as a net gas importer, the country has begun investing billions of dollars in nuclear and renewable energy. This study focuses on the solar energy production and consumption trend in the UAE, conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis and developing strategies based on it. The SWOT analysis has identified promising strategies for the UAE to transition to solar energy, reducing fossil fuel demand, mitigating greenhouse gas emissions, and becoming the carbon market center of the Gulf Cooperation Council countries.