All videos

This Dubai-based company turns used cooking oil into biofuels

This video is part of: Centre for Energy and Materials

Lootah Biofuels, a Dubai-based company, is addressing the region's demand for sustainable fuels by collecting used cooking oil from local businesses.

Through a mobile app, businesses arrange collection, and Lootah currently gathers 500,000 liters of used oil monthly.

Lootah Biofuels: Environmental benefits of biodiesel

Biodiesel boasts a 74% smaller carbon footprint than diesel due to its plant-based origin. However, its limited supply makes it ideal for hard-to-electrify sectors like shipping, prompting

Lootah Biofuels to advocate for biofuel mandates in the UAE, similar to those in the US and EU.

The UAE's energy transition efforts

The UAE has set ambitious goals for clean energy. The country aims to achieve net zero emissions by 2050 and is committed to increasing the clean energy share of its energy mix to 30% by 2030.

This ambition is reflected in global trends - for every $1 spent on fossil fuels, $1.70 is now invested in clean energy, compared to a 1:1 ratio just five years ago.

Have you read?
Topics:
Energy TransitionEmerging Technologies
Share:

How hybrid planes could make aviation more sustainable

Ewan Gribbin and Deepanshu Singh

July 26, 2024

About Us

Events

Media

Partners & Members

  • Sign in
  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2024 World Economic Forum