RAS AL KHAIMAH, UAE, 4 October 2022: Under the patronage and in the presence of H.H. Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, the two-day RAK Energy Summit kicked off today at Al Hamra International Exhibition & Conference Center in Ras Al Khaimah, with high-profile attendees from the UAE and around the world.

H.H. Sheikh Saud bin Saqr Al Qasimi opened the Summit with a keynote speech. “I am happy to inaugurate the first RAK Energy Summit, which serves as a platform to shape our thinking and steer dialogue in terms of the global approach to climate change and the future of the energy sector, His Highness said. “The Emirate of Ras Al Khaimah is an active and influential partner in the UAE’s energy plans and our vision, through the Energy Efficiency and Renewables Strategy 2040, is to support national as well as global efforts to find innovative, hi-tech solutions to the most pressing of challenges. Sustainability, preserving the environment, and making meaningful contributions to combat climate change are the essence of Ras Al Khaimah’s approach to comprehensive development.”

Speaking after him, H.E. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs, said in a speech delivered on behalf of H.E. Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure: “The UAE is one of the leading countries in developing the clean energy sector and a pioneer of modern methods to enhance the efficiency of the energy sector. Climate action in the UAE is based on three main axes: finance, technology and the environment. Hosting COP 28 represents an important and defining moment in the UAE’s climate diplomacy, by organizing a comprehensive and exceptional conference that can fully mobilize for international climate action.”

Earlier, H.E. Munther Mohammed bin Shekar, Director General of Ras Al Khaimah Municipality, the host of the Summit, in his Welcome Address, said: “We envision a Ras Al Khaimah where suppliers of efficient products and services find consumers looking to benefit from energy efficiency, where our youth develops and executes innovative solutions and where society is aware of its sustainability responsibilities. We have taken some important steps towards this in the Summit, including the launch of our home energy services, the launch of an industrial energy audit initiative, and the launch of the SME edition of RAK Energy Innovation Competition, along with several other program announcements. We are grateful to our leadership, sponsors, partners and guests for making this first day a success.”

A highlight of the first day was the presentation of the UAE Energy Management Leadership Awards for 2022 by the UAE Ministry of Energy and Infrastructure. Ras Al Khaimah Municipality received top honours, whereas ADNOC Onshore and ADNOC Offshore were awarded second and third places, respectively. The award is based on an assessment conducted by the UAE Ministry of Energy and Infrastructure and the Clean Energy Ministerial (CEM) and recognises implementation of best practices in energy management.

Held under the theme, “Creating and contributing to the energy efficiency and renewable energy goals of the future”, the Summit supports the RAK Energy Efficiency and Renewables Strategy 2040, the UAE’s Net Zero by 2050 strategic initiative and the country’s preparations for both the UN COP 27, taking place in Egypt, next month, and the UN COP 28, which will take place in the UAE, next year. RAK Energy Efficiency and Renewables Strategy targets 30% electricity savings, 20% water savings and 20% renewable energy in the generation mix by 2040.

“We are pleased to be a part of this event that brings together leaders from government and companies to discuss energy efficiency and renewable energy as a driver for the competitiveness and sustainability of Ras Al Khaimah’s economy,” said Franco Atassi, CEO, Siemens Smart Infrastructure in the Middle East. “Siemens is committed to developing technology that intelligently connects energy systems, buildings and industries, enhances the way we live and work, and protects our planet.”

Venkat Raman, M.D., Luceco Middle East, another participating company, said: “Luceco Group has adopted the Chartered Institution of Building Services Engineers (CIBSE) and the Society of Light and Lighting (SLL) Technical Memorandum (TM66), which provides a framework for action and assessment for the lighting industry. With a clear explanation of the ‘Circular Economy’, TM66 identifies how circular principles can be embraced by specifiers and manufacturers such as our group.”

The two-day summit is supported by the UAE Ministry of Energy and Infrastructure, the UAE Ministry of Climate Change and Environment, the International Renewable Energy Agency (IRENA), the United Nations Industrial Development Organization (UNIDO), Masdar and more than 10 government entities in Ras Al Khaimah.

Other key dignitaries and speakers at the opening day of the summit included H.E. Yousif Ahmed Al Ali, Assistant Undersecretary for Water, Electricity & Future Energy Affairs, UAE Ministry of Energy and Infrastructure; Dr Mane Alsudairawi, Acting Director General, Kuwait Institute for Scientific Research (KISR); Renaud Capris, Chief Executive Officer, Enova; Raheel Ahmed, Chief Executive Officer, RAKBANK; and Francesco La Camera, Director General, IRENA, who gave a virtual Keynote Address. The Summit is produced by ACM.