The head of the Dubai Electricity and Water Authority (Dewa), Saeed Mohammed Al Tayer, announced that electricity tariffs in the emirate will not be raised as alternative clean energy sources expand.
These statements were made by Saeed Mohammed Al Tayer during the Green Economy Summit, which began at the Dubai Trade Centre on Wednesday. He noted that the utility provider continues to develop solar energy projects and energy storage systems to enhance the overall efficiency of the energy system.
Al Tayer added that as part of the next phase, Dewa plans to launch a number of new clean energy projects in the emirate. He also mentioned the accelerated implementation of the Mohammed bin Rashid Al Maktoum Solar Park, whose target capacity was increased from 5000 MW to 8000 MW by 2030.
The recent rise in oil prices, driven by the Middle East conflict and the closure of the Strait of Hormuz, has impacted the market. In 2025, Dewa generated 62.21 TWh of electricity, which is 5.10% more than the 59.19 TWh registered in 2024. Meanwhile, clean energy accounted for 10.10 TWh, showing a growth of 52.38% compared to the previous year, and supplied 16.23% of Dewa's total output last year.
In 2025, Dewa's annual peak electricity demand increased by 5.83% compared to 2024, reaching 11.39 GW. On Wednesday, the price of oil exceeded $110 per barrel due to the war in the Middle East and lower US reserves.
In the UAE, retail fuel prices surpassed 4 dirhams per liter in October, reaching a four-year high. In October, the price of Super 98 gasoline was 4.40 dirhams per liter (compared to 3.8 dirhams in September), and special gasoline 95 was 4.28 dirhams per liter (compared to 3.69 dirhams last month); E-Plus 91 gasoline cost 4.21 dirhams per liter in October (compared to 3.61 dirhams in September).
According to Dewa data, by 2030, clean energy will constitute over 36% of Dubai's total energy mix, helping to avoid emissions of more than 8.5 million tons of carbon annually. This aligns with the 'Dubai Clean Energy Strategy 2050' and the 'Dubai Net Zero Carbon Emissions Strategy 2050,' which aim to meet 100% of Dubai's electricity needs from clean sources by 2050.