Wednesday, October 08 - 2008

Abu Dhabi's Masdar Initiative breaks ground on carbon-neutral city of the future

Abu Dhabi yesterday broke ground on Masdar City, the world's first zero-carbon, zero-waste, car-free city.

  • United Arab Emirates: Sunday, February 10 - 2008 at 07:45
  • PRESS RELEASE



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The global milestone event was marked by the laying of a virtual cornerstone by His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and a visually stunning production depicting life in the city.

In conjunction with the groundbreaking, Masdar CEO Dr. Sultan Al Jaber announced a total development budget for the city of $22bn. An essential driver for the development of the city is carbon finance. Carbon emissions reduced by Masdar City will be monetized under the Kyoto Protocol's Clean Development Mechanism.

In addition to full-time residents, Masdar City will seek to attract and encourage collaboration between experts in sustainable transportation; waste management; water and wastewater conservation; green construction, buildings and industrial materials; recycling; biodiversity; climate change, renewable energy and green financial institutions. Masdar will maximize the benefits of sustainable technologies, such as photovoltaic cells and concentrated solar power, through an integrated planning and design approach.

By implementing these technologies, Masdar City will save the equivalent of more than $2bn in oil over the next 25 years, based on today's energy prices. The city will also create more than 70,000 jobs and will add more than two percent to Abu Dhabi's annual GDP.

'We are creating a city where residents and commuters will live the highest quality of life with the lowest environmental footprint,' said Dr. Al Jaber.

'Masdar City will become the world's hub for future energy. By taking sustainable development and living to a new level, it will lead the world in understanding how all future cities should be built.'



In addition, the city will achieve unprecedented levels of demand reduction. Highlights include:

• Seventy-five percent reduction in installed power capacity; Masdar City will require approximately 200 MW of installed clean power versus more than 800 MW of installed capacity to power a similar city based on conventional design

• Water needs cut by more than half; Masdar City will require around 8,000 m3 per day of desalinated water versus more than 20,000 m3 per day for traditional cities

• Landfill area severely diminished; a city of this size would have required millions of square meters of landfill area; Masdar City will need virtually no landfill area.

The first step in the city's seven-phase plan is the development of the Masdar Institute of Science and Technology (MIST), the world's first graduate university dedicated to renewable energy. Developed in collaboration with MIT and scheduled to open in 2009, MIST will maintain a body of students and professors focused on developing the next generation of solutions to the world's growing dependence on fossil fuels.

The 6.5 kilometre district, located by Abu Dhabi International Airport, is designed by renowned architecture firm Foster + Partners and set to be completed in 2016 in conjunction with Abu Dhabi's 2030 Development Plan. It will eventually grow to 1,500 businesses and 50,000 residents and will be home to international business and top minds in the field of sustainable and alternative energy. Of this, 30% will be zoned for housing; 24% for the business and research district; 13% for commercial purposes, including light manufacturing; 6% for the MIST; 19% for service and transportation; and 8% for civic and cultural pursuits.

Masdar City is one of the flagship projects of the One Planet Living programme - a global initiative launched by WWF (also known as the World Wide Fund for Nature and the World Wildlife Fund). One Planet Living aims to prove that it is possible to live within ecological limits and still improve the quality of people's lives. One Planet Living communities, such as Masdar, aim to put the principles of sustainability into practice, and Masdar City exceeds these principles.

Masdar City will be the home of the Masdar Initiative, Abu Dhabi's multi-faceted, multi-billion dollar investment in the development and commercialization of innovative technologies in renewable, alternative and sustainable energies as well as sustainable design. In January 2008, Abu Dhabi announced it will invest $15bn in Masdar, the largest single government investment of its kind.

The groundbreaking ceremony's electricity needs and carbon emissions were entirely offset by solar power reserves produced by Masdar's photovoltaic testing facilities. Since it began producing power for the national grid in December 2007, the facility has generated more than 5,500 kilowatt hours of electricity and saved more than four tons of CO2.




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About Masdar
In April 2006, Abu Dhabi, the capital of the United Arab Emirates, launched Masdar, a multi-faceted, multi-billion dollar investment in renewable and alternative energy and clean technology. Masdar is helping to explore, develop and commercialize such future energy sources.

Masdar, which means 'the source' in Arabic, has four primary objectives:
• To help drive the economic diversification of Abu Dhabi;
• To maintain - and expand - Abu Dhabi's position in evolving global energy markets;
• To help Abu Dhabi become a developer of technology; and
• To make a meaningful contribution to sustainable human development.

Masdar is driven by the Abu Dhabi Future Energy Company (ADFEC), a wholly owned company of the government of Abu Dhabi through the Mubadala Development Company.

Masdar is a comprehensive investment in future energy solutions and clean technology - from design to research laboratory to mass deployment.

Press Contact:
Mohammed Kharroubi
Asda'a Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
Tel: +971 4 3344550
Fax: +971 4 3344556
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Sunday, February 10 - 2008 at 07:45 UAE local time (GMT+4)

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