ENACT rallies global leaders to power Al era with reliable energy, investment

Adnoc, Masdar and XRG, convened over IOO global leaders from the energy, technology, investment and government sectors at the ENACT Majlis in Abu Dhabi to advance the integrated solutions needed to ignite the twin engines of energy and artificial intelligence (Al) to accelerate global growth.

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The ENACT Majlis, hosted by Dr Sultan Ahmed Al Jaber explored opportunities to drive innovative solutions to maintain secure, accessible, sustainable supplies across the energy mix that ensure reliable baseload energy is available to power Al growth and meet the needs of an increasing world population.

Discussions focused on meeting energy demand growth in evolving market dynamics and building infrastructure at scale and pace through integrated approaches. Leaders also addressed the skills and pro-growth policies needed to attract and derisk the capital needed to meet combined Al and energy investment needs.

Acting as a high-level cross sector think tank, the ENACT-Energy in Action - Majlis heard electricity demand for data centers will quadruple by 2040, increasing from 105 to 450GW. In the same 15-year period, 1.5 billion people will move into cities using an additional 2 billion electric powered air conditioners. And many of them will fly for the first time, with the global airline fleet doubling from 25,000 to 50,000 planes. A White Paper setting out the key findings of the majlis will be published later today.