In Germany, the energy transition implies a profound structural change in the energy sector, including investments for the extension of renewable energy sources and grid infrastructure. It is more than just the transition from nuclear energy sources to sustainable renewable energies. Furthermore, Germany is developing many new technologies to continuously improve its level of energy efficiency, especially in the industry and construction sectors.
The demand for energy in the Arab world is expected to increase during the next decades due to economic growth, population growth and rising wealth. Electricity demand alone is estimated to grow by 6% to 8% annually. While numerous Arab countries still benefit from their affluence in conventional resources like oil and gas, long-term strategies to diversify energy resources and increase energy efficiency are becoming more and more important. With their experience and state of the art technology, German companies can offer a sustainable contribution to this development.
To further strengthen and expand the promising Arab-German business relations in the energy sector, the Ghorfa Arab-German Chamber of Commerce and Industry in cooperation with Arab and German institutions organized the
7th Arab-German Energy Forum
At the Hotel Jumeirah at Etihad Towers in Abu Dhabi, UAE,
November 16-17, 2016.
The event was held under the patronage of the Energy Minister of the United Arab Emirates, H.E. Eng. Suhail Mohamed Faraj Al Mazrouei, and the Federal Minister for Economic Affairs and Energy of the Federal Republic of Germany, H.E. Sigmar Gabriel.
The Forum has established itself as the most prominent information and networking platform for Arab and German companies in the energy sector. Experts of industry, politics and the sciences from Germany, the United Arab Emirates and the Arab world discussed latest trends, projects and cooperation opportunities. Taking place in the UAE for the first time, the conference presented a great opportunity to exchange ideas with high-ranking decision makers and potential business partners.