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Rising from the desert outside Abu Dhabi, Masdar city is laying the groundwork for when the UAE's oil wells run dry.Sitting on 5.9 percent of the world's oil reserves and 3.1 percent of its natural gas, the United Arab Emirates, a federation of seven sheikhdoms, is a key player in the global energy market.The UAE says it is expecting to invest $35 billion in non-hydrocarbon energy by 2020, including $20 billion on the Barakah 5.4-GW nuclear power project.Masdar has joined a number of clean energy projects abroad, Hosany said, investing some of the massive reserves the UAE has built up over the years.In total, Masdar says it is participating in projects that will eventually generate 1.5 GW of power.
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