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At an event in Abu Dhabi, the Abu Dhabi Department of Energy signs a 5-year memorandum of understanding with the Ministry of Mines and Energy of Colombia.
This agreement will explore collaboration opportunities in capability development, sharing of information, supporting joint initiatives and projects, and encouraging bilateral scientific, technological, administrative, commercial, and technical cooperation in the energy field. This agreement is consistent with the commitment of both entities to collaborate in different fields to achieve their shared goals, diversify energy resources, improve energy efficiency, and provide affordable, reliable and sustainable energy.
The MOU was signed by H.E. Jaime Amin Hernandez, Ambassador Extraordinary and Plenipotentiary of Colombia in the UAE and DoE Undersecretary H.E. Eng. Ahmed Mohammed Al Rumaithi.
“The Abu Dhabi Department of Energy is committed to enhancing cooperation and building partnerships with relevant authorities in countries AROUND the world,” H.E. Al Rumaithi said. “We believe partnership is a powerful approach to achieving our objectives, developing the energy sector, enhancing energy efficiency, and meeting the needs and requirements of the local market for reliable and sustainable energy and water supplies now and in the future. This, in turn, supports Abu Dhabi’s plans for sustainable economic development.”
“We are delighted to cooperate with the Colombian Ministry of Mines and Energy and to start a new chapter in our partnership,” H.E. added. “The energy sector is in constant need of more expertise in order to embrace advanced energy technologies, upgrade the sector’s infrastructure, and provide it with trained professionals, capable of achieving all of our strategic goals. We look forward to cooperating with the Ministry for the benefit of both parties, and to build on our combined experiences to create a model for cooperation in the energy sector.”
H.E. Minister Diego Mesa said, “Colombia currently bets on energy transition as the mean to achieve and guarantee a reliable, self-sufficient and resilient energy matrix. We recognized it as a shared goal with the United Arab Emirates and therefore, decided to establish a strategic alliance between the Ministry and the DoE that will allow us to complement and promote the efforts of both nations to rapidly deploy non-conventional renewable energies, develop low-carbon technologies, and tackle and reverse the effects of climate change”.
The five-year agreement provides that the entities will exchange studies, knowledge and expertise. They also explore financing opportunities in energy areas such as production, use and storage of hydrogen; large-scale non-conventional energy; and project development in the areas of hydrogen, geothermal and solar, biomass, onshore wind energy, and other clean-energy technologies.
The promotion of sustainable transport using clean energy sources is also included. Technology development related to advanced energy monitoring and measurement systems; access to energy services including renewable energy solutions; promotion of foreign investment in the energy sector; energy efficiency; demand response; technology development related to carbon capture and storage; and lastly, promotion of energy storage technology.
The two entities also agreed to allow experts from each entity to visit the other to continue their joint activities. They will also look into joint research projects, as well as opportunities to finance and execute them.