The world’s energy systems are, with different speeds, (supposed to be) migrating from emitting over 36 billion tons mainly fossil carbon dioxide yearly to net zero emissions in a number of decades. Energy trading, i.e. buying and selling energy from source to sink, bilaterally and multilaterally, nationally and internationally, is playing a pivotal role to make energy systems work efficiently. The transition from massive emissions to net zero requires a transformation from the traded, predominantly fossil, energy markets that we know today to traded market of energy carriers that, eventually, do not leave net carbon emissions behind in the atmosphere.
There is not yet much of a coherent framework for net zero energy trade in place in well organized markets such as the EU, Japan, USA, China an India, left alone in MENA. However MENA is blessed with all clean energy source prerequisites to develop toward a key net ZETA (Zero Emissions Traders Alliance) zero energy (suppliers and off-takers) market in the coming decades. That evidences the need for a well-structured “net zero market” in the region with effective interaction with the emerging net zero world markets.
ZETA is an initiative of Dii Desert Energy and international key experts, that understand this need. They show their responsibility by bundling the forces of traders and related stakeholders and giving shape to the market together.