World future energy summit opens

ABU DHABI (Commodity Online) : World Future Energy Summit got off to a colorful start here with around 600 firms from about 40 countries are expected to participate in the event.

Ministers and industry experts from around the world will discuss ways to promote the use of clean energy for sustainable growth.

The fourth edition of the summit has its theme“Enabling Future Energy Solutions,”this year and focus on addressing multiple issues in public policy, business, technology and finance related to renewable energy, organizers said.

Advantages and challenges regarding adopting diverse clean energy technologies such as carbon capture and storage, smart grids, nuclear energy, solar energy and bio fuels will extensively be deliberated by participants at the event, according to Masdar.

The UAE, which produces around 10 percent of the world’s crude oil supply, has been at the forefront of seeking alternative, sustainable energy sources.

The country launched the energy forum in 2008 as part of such an effort. In a short period, the event has gained recognition as one of the world’s most influential gatherings of leaders in the clean technology and renewable energy sector.