TAQA H1 2021 Results - Energy Transition and Financial Performance
6 Ability to access high-value growth opportunities...
Growth across the value chain in the UAE
Selective approach to growth in
international markets
Optimally placed to
capture potential growth
Key role in delivering
targets of the UAE
Exclusivity rights in all future
power and water projects
opportunities in the UAE Energy Strategy 2050 tendered in Abu Dhabi over the
next ten years with a 40% stake
Generation
Transmission
and distribution
•
•
Enjoys a monopoly on
T&D networks in Abu
Dhabi
TAQA will selectively seek value-
added growth outside of UAE
•
•
Invest in new power & water capacity in Abu Dhabi to match demand growth and
transition to renewables
Investment in RO¹ and solar, fulfilling UAE strategy of raising renewable share of
power generation to 50% by 2050
Focus on markets where we have a
strong competitive advantage, e.g.
existing presence or strong G2G
relationships
Major projects to expand and interconnect the power, water and recycled water
infrastructure of Abu Dhabi
Growth of power and water grid to accommodate new / growing demand
Focus on contracted or regulated power
and water generation opportunities with
attractive risk-adjusted returns
Potential for further UAE networks consolidation with similar regulation
Distribution and
Customer Services
Entry to and development of new customer services, e.g. EV charging and smart
meters
Enter projects with substantial size
that fit TAQA's core competencies
1. Reverse osmosis
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