‘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…
UAE cable manufacturer Ducab's CEO Charles Edouard Mellagui said the world needs to broaden its energy sources amid geopolitical tensions that are straining the global energy system, The National reported. Mellagui stated that oil and gas alone are insufficient to meet growing demand and that solar, wind, nuclear power, and battery storage are essential additions.
He warned that higher raw material prices could ultimately lead to increased consumer costs. The CEO emphasized that geopolitical conflicts disrupt the movement of materials and equipment required to maintain and expand energy supplies, which is why there is not enough energy for the eight billion people globally. Mellagui attributed the pressure on consumers to rising raw material costs, which would first appear as higher electricity bills.
Despite supply chain disruptions, Ducab continued operating, crediting government support and access to infrastructure for receiving overseas materials and maintaining production. The company purchases over 40% of its raw materials locally, and Mellagui emphasized that domestic suppliers are crucial in maintaining production when imports become difficult.
Adnoc announced over Dh60 billion in local manufacturing opportunities through 2030, focusing on electrical and automation systems, pumps, chemicals, piping, and other equipment. Mellagui highlighted that demand from major businesses could support local manufacturers. As new communities, infrastructure, and AI-driven technologies expand, Mellagui stressed the need for energy sources that are secure, available, and affordable, with Ducab developing cables to minimize electricity losses.
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