Abu Dhabi Energy Storage Vehicle Price Comparison

In Dubai, DEWA have set a flat tariff for EVs of 29 fils/kWh* (waived for non-commercial users until end-2021) at their charging stations. Home charging in Dubai will be cost the at the standard retail tariff of 29.5 to 44.5 fils/kWh** (depending on which

At current electricity and petrol prices in the UAE, EVs close to cost parity with their conventional alternatives when factoring in the savings in fuel costs. Global production and competition will increase in the coming years and this will drive further falls in the cost and improve the economics further.

Dubai has stated a target of having 10% of all vehicles being electric or hybrid by 2030. Should the UAE achieve 10% EV penetration by 2030, AFRY estimate there would collectively be 3GW of battery storage in the vehicle fleet. In the UAE, a car is considered a status symbol for many people.

Most EV charging will be done at home. However, drivers will want to be confident that there is a sufficient public charging network to support them. There are around 650 charging points in the UAE. However, many of these are located at government buildings and hotels which are not convenient for most EV owners.

This study shows that battery electricity storage systems offer enormous deployment and cost-reduction potential. By 2030, total installed costs could fall between 50% and 60% (and battery cell costs by even more), driven by optimisation of manufacturing facilities, combined with better combinations and reduced use of materials.

In other Emirates, there is no specific tariff for EV charging. The EV tariff needs to be closely linked to the underlying marginal cost (i.e. the cost of generating one more unit) of electricity rather than a single flat value.