The UAE’s success story is largely driven by innovation in emerging sectors such as AI and deep technology. However, this growth often directly contributes to a concerning rise in the nation’s carbon footprint and energy consumption.

To address this growing challenge, Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology (MoIAT) and Chairman of Masdar (Abu Dhabi Future Energy Company), announced the launch of EXERGY, an international energy investment company designed to tackle the surge in power demand driven by global megatrends.

Speaking at the opening of Abu Dhabi Sustainability Week, Al Jaber emphasized the necessity for a diverse array of energy solutions to meet the increasing power demands driven by AI computing while also addressing the ongoing challenge of ensuring universal energy access.

Al Jaber cautioned that no single energy source could meet this growing demand and stressed that policies and regulations that limit energy options are counterproductive.

He added that EXERGY’s innovative structure adapts to emerging energy needs, optimizing the potential “from every unit… every spark… and every joule… of energy.” He emphasized that “investing across the full spectrum, from gas to chemicals to low-carbon fuels and energy infrastructure, is an energy company designed for the future.”