• 13 hours Oil Prices Rise After API Reports Major Crude Draw
  • 14 hours Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 14 hours Gazprom Speaks Out Against OPEC Production Cut Extension
  • 15 hours Statoil Looks To Lighter Oil To Boost Profitability
  • 16 hours Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 17 hours Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 18 hours Whitefish Energy Suspends Work In Puerto Rico
  • 19 hours U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 1 day Thanksgiving Gas Prices At 3-Year High
  • 1 day Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 2 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 2 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 2 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 2 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 2 days ConocoPhillips Sets Price Ceiling For New Projects
  • 4 days Shell Oil Trading Head Steps Down After 29 Years
  • 4 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 5 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 5 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 5 days Venezuela Officially In Default
  • 5 days Iran Prepares To Export LNG To Boost Trade Relations
  • 5 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 5 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 5 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 5 days Rosneft Announces Completion Of World’s Longest Well
  • 6 days Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 6 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 6 days Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 6 days Santos Admits It Rejected $7.2B Takeover Bid
  • 6 days U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 6 days Africa’s Richest Woman Fired From Sonangol
  • 7 days Oil And Gas M&A Deal Appetite Highest Since 2013
  • 7 days Russian Hackers Target British Energy Industry
  • 7 days Venezuela Signs $3.15B Debt Restructuring Deal With Russia
  • 7 days DOJ: Protestors Interfering With Pipeline Construction Will Be Prosecuted
  • 7 days Lower Oil Prices Benefit European Refiners
  • 7 days World’s Biggest Private Equity Firm Raises $1 Billion To Invest In Oil
  • 8 days Oil Prices Tank After API Reports Strong Build In Crude Inventories
  • 8 days Iraq Oil Revenue Not Enough For Sustainable Development
  • 8 days Sudan In Talks With Foreign Oil Firms To Boost Crude Production
Bankrupt Venezuela Asks Partners For Free Oil

Bankrupt Venezuela Asks Partners For Free Oil

Following Venezuela’s official default last…

Keystone XL Is Far From Certain

Keystone XL Is Far From Certain

Today’s vote in favor of…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Masdar City: The Most Sustainable City in the World to Open in 2025

Masdar City: The Most Sustainable City in the World to Open in 2025

The ambitious $19 billion Masdar City is already six years into production and has been set a completion date of between 2020 and 2025 (having worked with builders before I’d suggest that you should read this as “2025 at the earliest”). It will be the world’s first zero-carbon and zero-waste city, developed by Abu Dhabi, the Mubadala Development Company and the British architectural firm Foster and Partners.

The city will be built 17km from downtown Abu Dhabi and will cover approximately 6km². It will include several different renewable energy sources. The main source of power will be a 60 megawatt solar power plant, being constructed by Conergy, with plans for more as the city grows. There will also be; wind farms, geothermal energy plants, waste incineration, solar-powered desalination and grey water recycling.

The United Arab Emirates hope that Masdar will not only be a model for sustainable cities and renewable technologies, but also a haven for renewable energy companies, green energy technology research, development and investment, and carbon resource management. In order to attract the technology companies the city has already established, in cooperation with MIT, The Masdar Institute, a world-class research university that will be a source of innovation, R&D and highly skilled graduates.

“Masdar City is a high-density, pedestrian-friendly (no cars are allowed) development where current and future renewable energy and clean technologies are showcased, marketed, researched, developed, tested and implemented.” Link

Upon completion the city will house 40,000 permanent residents and hundreds of businesses. It will be the first time that a range of renewable energy and sustainable technologies have been integrated across a living and working community.

Let’s hope that when the city is completed in 2025, green, sustainable technologies and businesses will be more popular in the major power centres of North America, Europe, and Asia. Companies such as Siemens and GE have already pledged to base operations in Masdar. With more support Masdar City could become the model for the future that its designers hope for, and we could see more sustainable energies and technologies integrated into cities around the world.

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News