Saudis Set Green Energy Targets

Saudis Set Green Energy Targets

Saudi Arabia set renewable electricity targets of creating 9.5 gigawatts by 2022 and 54 GW by 2040 to meet plans outlined in the recently announced Saudi Vision 2030, an industry expert said. Renewable energy targets will only be met if Saudi policymakers and business leaders understand the importance of embracing new technologies for power generation, cooling and energy efficiency, added George Berbari, CEO of UAE-based DC Pro Engineering, Trade Arabia reported. “The Saudi government has been rightly commended for outlining the country’s non-oil dependent future in the Saudi Vision 2030—a far-reaching reform plan that aims to create a viable, diversified and sustainable national economy,” said Berbari, speaking at the second District Cooling and Tri-Generation Summit in Riyadh, Saudi Arabia. At present, the regional energy sector faces many challenges, including low efficiency, soaring growth rates and overdependence on government subsidies. Amid these challenges, Saudi’s renewable energy targets are eminently achievable; even more so, if decision-makers embrace the next generation of efficient technologies such as Tri-Generation District Cooling for future projects.


Short URL : http://goo.gl/Ylg48h
  1. http://goo.gl/upAkP0
  • http://goo.gl/NBcO34
  • http://goo.gl/cpi4DT
  • http://goo.gl/hF7ITQ
  • http://goo.gl/qa3OGA

You can also read ...

BP: Electric Vehicles to Cut Oil Consumption
The emergence of self-driving electric cars and travel sharing...
OPEC Deal Closer to Market Rebalancing
The OPEC deal is closer than ever to meeting its market...
Brent, WTI Prices Slide Over Higher US Production
Oil prices fell on Wednesday, weighed down by a rebound in the...
SP Phases 17-18  Output Increases
Major overhaul operations in phases 17 and 18 of the giant...
The lion's share of petrochemical exports is bound for China, India and South Korea.
Boosting the country's petrochemical revenues entails...
Special Devices for Gas Regulating Stations
Some 150 natural gas pressure regulating stations have been...
NISOC in Close Cooperation With Domestic Academic Centers
National Iranian South Oil Company can implement complicated...