TAQA and EWEC Advance Abu Dhabi’s Artificial Intelligence Strategy
London, April 04, 2025, (Oilandgaspress) –––Abu Dhabi National Energy Company PJSC (“TAQA”), one of the largest listed integrated utility companies in Europe, the Middle East and Africa, together with Emirates Water and Electricity Company (EWEC), a leading company in the integrated planning, purchasing, supply and system despatch services of water and electricity across the UAE, today announced the development and implementation of new energy infrastructure projects to directly advance the UAE National Strategy for Artificial Intelligence 2031, and UAE Net Zero by 2050 initiative.
The transformative collaboration includes TAQA signing a 24-year Power Purchase Agreement (PPA) with EWEC to build, own, and operate the 1-gigawatt (GW) Al Dhafra Open-Cycle Gas Turbine (OCGT) project in the UAE. With 100 per cent ownership, TAQA is leading the OCGT project and will undertake the operation and maintenance (O&M) of the plant. In addition, TAQA Transmission, part of TAQA Group, will develop advanced power grid infrastructure to integrate the additional generation capacity to new sources of energy demand, enabling access to reliable power with a low carbon footprint.
The projects will support the recently announced EWEC and Masdar world-first project that will enable renewable energy to be dispatched 24 hours a day seven days a week, reaffirming the UAE’s position as a global pioneer in renewable energy deployment and low-carbon infrastructure. Delivering up to 1GW of baseload power every day generated from renewable energy, it will be the largest combined solar and battery energy storage system (BESS) in the world.
The collaboration between EWEC, TAQA, and Masdar, will drive investment of around AED 36 billion in energy supply infrastructure in Abu Dhabi with around 75 per cent of that to be invested in renewable and conventional power generation. The remaining 25 per cent will be invested in grid infrastructure, which will be added to the regulated asset base and will receive the regulated return.
Jasim Thabet, Group CEO and Managing Director of TAQA and Vice Chairman of Masdar said: “Providing reliable low-carbon power plays an important role in enabling the global energy transition. Through our expertise in power generation and transmission, and as the largest shareholder in Masdar, TAQA plays a central role in advancing clean energy solutions in the UAE, and we remain committed to ensuring reliable, low-carbon power at all times. As a champion of low-carbon power and water, we are proud to be a part of these world-class projects alongside our partner EWEC.”
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