Gulf: World needs $50 trillion investment in new energy by 2050

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World Energy Summit news

General electric to team up with Masdar energy for first $8bn investment in Renewable energy City Masdar City. MTI institute takes a Research position in Abu Dhabi.

French Newcomer Eolewater

Imagine you live on Island or the Desert, a 2 kW  windturbine takes the Humidity out of the Air producing clean drinking water and electricity. No joke, at the bottom of the windturbine is the Faucet to deliver water.

Parker, Deutsche Bank saying...

The world needs investments of up to $45 trillion by 2050 in alternative energy to balance hydrocarbons and renewables in its overall energy mix". "Governments need to stimulate investment in clean energy through long-term policy initiatives," Kevin Parker said during a panel discussion at the second edition of the World Future Energy Summit in Abu Dhabi.

Paul Dickerson, former US energy Department.....

former chief chief operating officer of the US Energy Department Energy Efficiency and Renewables said the solution lies in commercialising clean energy."The interest around the world in renewable energy is strong. The use of renewable energy has to increase and energy conservation is a must," he added.

Dr Sultan Al Jaber,

chief executive of Abu Dhabi's $15 billion Masdar initiative said they are already doing carbon sequestration for clean energy.

Parker Dautsche Bank, $7bn for climate change now

The conference will cover a wide range of themes including:

Energy policy
Investment and funding
Green buildings
Clean transport
Solar
Wind
Biofuels
Ocean power
Geothermal
Waste to energy
Fuel cells
Carbon management
Environmental strategy

Renewables race hots up, Vips attending summit

His Royal Highness Prince Willem-Alexander of the Netherlands, Prince of Orange
HE Mr James Alix, President of the Republic of Seychelles
Her Excellency Ms Quentin Bryce AC, Governor General of Australia
Matthias Machnig, State Secretary, Federal Ministry for the Environment, Germany
HE Connie Hedegaard, Minister for Climate Change and Energy, Denmark
HE Moritz Leuenberger, Minister of Energy, Environment and Public Transport, Switzerland
HE Takamori Yoshikawa, Senior Vice Minister of Economy, Trade and Industry, Japan
Mr Tony Blair, Former Prime Minister, UK      
Andris Piebalgs, Commissioner for Energy, European Commission
Dr Rajendra Pachauri, Chairman, Intergovernmental Panel onClimateChange                                              
With over 15,000 attendees in 2009, the summit will be the largest meeting of influential figures within the renewable energy industry.