Vision 2030 Jan. 2011 | Seite 63

Following the connection of the solar power plant (a first in the Middle East), at a cost of $50.3m, Dr. Sultan Al Jaber, CEO of Masdar remarked that, “the connection of this plant marks an important milestone in the development of Masdar City and in our Emirate’s history. We believe this is just the first delivery of the rich potential of solar energy, and we will continue to deliver clean sources of energy to Abu Dhabi and beyond.” IRENA Another breakthrough for the Emirate in establishing its credentials as the go-to place for green energy know-how globally was the decision to establish the new headquarters of the International Renewable Energy Agency (IRENA) in Masdar City itself, on the outskirts of Abu Dhabi City. IRENA is the first intergovernmental agency concerned with the promotion of environmentally friendly initiatives. It is clear that Masdar is open to the receipt of innovative ideas, but its experience since its inception has brought it to the point where it does not suffer fools gladly. In order to expedite their screening process, they have developed a guide as to how to submit proposals for consideration. The general tenor of the document suggests that one must have all due diligence and feasibility studies conducted and verified before engaging. The actual city of Masdar will not be in operation until 2013, but the MIT linked educational institution, the “Masdar Institute of Science and Technology” has started operations on-site and is using water from Abu Dhabi’s grid. They are keeping track of the carbon emissions from this water use and are studying ways to offset them. “Our goal is to be carbon-neutral by the time the city is built,” Jay Witherspoon, operations director and technology leader of CH2M Hill, consultant to Masdar said. He added that, “the main uses of water are for district cooling, potable water and irrigation to make the city green”. Masdar plans to drill 5,000-meter-deep wells in search for water hot enough to propel power generators for the zero-carbon city. The city is expected to need 12,000 cubic meters of water a day when it is completed, according to Ameena Al Kulaib, manager of Masdar’s water department. Masdar and the World Future Energy Summit however, do not constitute the entire “green picture”. Abu Dhabi Inc. has further advanced its green agenda in typically well coordinated moves throughout a variety of sectors. One such example is Aabar Investments foray into the area of electric cars after its purchase of 4% of Tesla Motors, a leading producer of electric cars. Aabar, partly owned by the International Petroleum Investment Company (IPIC), one of the government Sovereign Wealth Funds, bought the stake from Stuttgart-based Daimler AG, of which Aabar is a major shareholder. 61