‘Not enough energy’ for the world due to geopolitical tensions, says Ducab chief
The world needs to diversify its energy sources as geopolitical tensions put pressure on supplies and costs, the chief executive of UAE cable maker Ducab has said. Charles Edouard Mellagui warned that higher prices for raw materials could ultimately reach consumers’ bills. Speaking to The National at Adipec 2026 in Abu Dhabi this week, Mr Mellagui said oil and gas alone would not be enough to…
Charles Edouard Mellagui, chief executive of UAE cable maker Ducab, has warned that the world is not receiving enough energy due to geopolitical tensions affecting supplies and costs. Speaking at Adipec 2026 in Abu Dhabi, Mr. Mellagui stated that oil and gas alone cannot meet growing demand and that a mix of energy sources including solar, wind, nuclear, and battery storage is necessary.
He highlighted that geopolitical conflicts are straining the global energy system, disrupting the movement of materials and equipment needed for supply and expansion. Mr. Mellagui emphasized that with eight billion people worldwide, "there is not enough energy for the eight billion people in the world," leading to escalating crises.
He attributed the situation to growing geopolitical tensions, urging countries to become independent in terms of energy. For consumers, the immediate impact may be higher costs, as escalating raw material prices could translate into higher bills. Despite disruptions to international trade, Ducab has maintained operations, crediting government support and infrastructure for its ability to bring raw materials from around the world and produce cables without closing operations.
The company purchases over 40% of its raw materials locally and believes domestic suppliers play a crucial role in production when imports become challenging. Mr. Mellagui noted that local manufacturing is essential for supply security, but international suppliers remain necessary. He also emphasized the importance of expanding energy infrastructure to support new developments like homes, factories, and data centers.
Ducab has contributed to major UAE projects like the Al Dhafra Solar Project and Barakah Nuclear Energy Plant, and is developing cables to minimize electricity losses. AI is being utilized to improve efficiency in energy production, Mellagui added, noting that energy security, affordability, and technological advancements are key to meeting future energy demands.
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