The country has no specific renewable energy policy; however the rapidly growing demand for power, the average electricity consumption growth being 10% since 1980, makes the country seek to diversify its energy sources including renewable and nuclear energy.Abu Dhabi Economic Vision 2030 is a comprehensive plan to guide Abu Dhabi’s two-decade programme to transform its economy from one based on natural resources to one based on knowledge, innovation and the export of technologies. Key goals include increasing the non-oil share of the economy from approximately 40% to more than 60% and significantly diversifying the scope of economic activity. It also puts a strong emphasis on value-added knowledge-based industries, such as renewable energy and sustainable technologies.Masdar (www.masdar.ae/) was established in 2006, and is a wholly-owned subsidiary of the Abu Dhabi Government-owned Mubadala Development Company, a catalyst for the economic diversification of the Emirate. It is a commercially driven enterprise that operates to reach the broad boundaries of the renewable energy and sustainable technologies industry – thereby giving it the necessary scope to meet these challenges. Masdar is a key element of the Abu Dhabi Economic Vision 2030 and operates through five integrated units:Masdar Institute is an independent, research-driven graduate institute developed with the ongoing support and cooperation of the Massachusetts Institute of Technology (MIT). It focuses on the science and engineering of advanced alternative energy, environmental technologies and sustainability to be at the heart of the home-grown research and development community at Masdar City and will eventually host 600-800 Master’s and PhD students and 200 faculty. The institute is fundamental to Masdar’s core objectives of developing Abu Dhabi’s knowledge economy and finding solutions to humanity’s toughest challenges.Masdar Capital seeks to build a portfolio of the world’s most promising renewable energy and clean technology companies. It helps its portfolio companies grow and scale-up by providing capital and management expertise and invests in clean energy, environmental resources, energy and material efficiency and environmental services through the Masdar Clean Technology Fund (MCTF), launched in 2006, and the DB Masdar Clean Tech Fund (DBMCTF), launched in 2009.Masdar Power is a developer and operator of renewable power generation projects. In building a portfolio of strategic utility-scale projects, Masdar Power makes direct investments in individual projects in all areas of renewable energy as well as in technology relevant to utility-scale renewable energy, with a focus on Concentrating Solar Power (CSP), photovoltaic solar energy and on- and offshore wind energy. In a joint venture with Abengoa Solar and Total, Masdar Power is developing the 100MW Shams 1 CSP plant in the Western Region of Abu Dhabi, set to be the largest CSP plant in the world.Masdar Carbon manages projects that bring reductions in carbon emissions through energy efficiency and waste heat/CO2 recovery, as well as through carbon capture and storage (CCS). Through large-scale CCS projects in partnership with the ADNOC and others in the power and industrial sectors in the Emirate, it will capture five million tonnes of carbon dioxide per year and contribute to the Abu Dhabi Economic Vision 2030 by helping to lower the Emirate’s carbon footprint.Masdar City is an emerging global clean-technology cluster with resident companies in global renewable energy and cleantech industry, aspiring to be one of the most sustainable cities in the world. It showcases, markets, researches, develops, tests and implements current and future renewable energy and clean technologies. It hosts the headquarters of the International Renewable Energy Agency (IRENA).A green building code in Dubai came into effect in January 2009. The code is based on the US Green Building Council’s (US GBC) Leadership in Energy and Environmental Design (LEED) rating system, with modifications made to account for the local environmental conditions.The National Energy Efficiency and Conservation Programme was launched in April 2011 by the Emirates Authority for Standardization and Metrology (ESMA, www.esma.gov.ae) and the Ministry of Environment and Water. The ESMA was established being the sole standardization body in the UAE under Law No. 28/2001 and is a body of juridical and of an independent budget. The programme aims to improve energy efficiency and conservation through the promotion of saving and efficient utilisation of energy at home and expects a saving of 30% of electric consumption through the use of the compulsory card for home air conditioners to make them more energy efficient due to begin early 2012.