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The UAE may surpass its target of tripling renewable energy capacity by 2030 due to low clean energy prices and as more solar capacity is installed to produce green hydrogen, the country's energy minister said on Sunday.


Renewable energy is the cheapest and reduces the levelised cost of electricity – the average cost of generating power over the lifetime of a power plant – Suhail Al Mazrouei said during a panel session at the World Economic Forum’s special meeting in Riyadh.

 

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