Energy
Justin Dargin , The Dubai Initiative , 2010
This policy brief explains the origins of the UAE energy crisis, forecasts developments for 2010-2020, and posits recommendations for overall sector ratio- nalization. If Emirati authorities take a proactive stance and address the structural elements of the natural gas shortage, the more extreme elements of the crisis would be mitigated without lasting damage to Emirati economic growth. As the UAE has prodigious natural gas reserves, slight modification of the natural gas pricing and the power sector tariff structures would be able to resolve the most serious issues facing the UAE in its drive towards industrialization and diversification.
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