The United Arab Emirates (UAE) is the world’s sixth largest oil producer and the third-richest country in the world with a GDP per capita of US$57,744. Currently, it is petroleum and natural gas reliant; however, Economy with Vision 2021 is committed to establishing a green economy for sustainable development there, which includes a strong digitalization strategy.
Swedish start-up Azelio says it will have a pilot project up and running in Masdar City by the end of next month. The technology sees electricity used to super heat aluminum with energy released on demand via a heat transfer fluid to drive a Stirling engine.
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