FATE Consortium Invited to Participate in the Abu Dhabi International Renewable Energy Conference
Boston, MA – January 19, 2013.
Wael Almazeedi, Co-founder of FATE Consortium, addressed the challenges created by the energy-water nexus at the closing joint plenary session of the Abu Dhabi International Renewable Energy Conference (ADIREC) and the International Water Summit.
ADIREC and the International Water Summit form part of the distinguished World Future Energy Summit, which is an annual gathering of energy leaders brought together by the Abu Dhabi Future Energy Company (Masdar).
Almazeedi was on a panel with Peter Gleick, President of the Pacific Institute; Raghubir Gupta, Senior Research Director of the Centre for Energy at RTI International; and M. El Haffidi, Director of Renewable Energy and Electricity of the Ministry of Energy, Mines, Water and Environment in Morocco.
In his remarks, Almazeedi described the inequitable relationship between energy and water often described as a nexus and outlined a framework to redefine the relationship along the lines of on symbioses between these intrinsically inseparable strategic resources. He further called for the establishment of industry benchmarks on which there is consensus from government, business and academia, to assess the true cost of electricity generation by different energy sources, which take into consideration, among many other things, water consumption as one of several key criteria.
About FATE Consortium:
FATE Consortium is a technology integrator focused on demonstrating, commercializing, and scaling-up state-of-the-art and next-generation energy technologies. To achieve this objective, FATE originates and arranges energy projects in partnership with industry players and institutional investors.