A more renewable future for Saudi Arabia

A more renewable future for Saudi Arabia

Editorial Staff
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The Riyadh government aims to increase its energy production from renewable sources. A new and ambitious plan based on research and development is underway

Reaching 9.5 GW from renewable sources by 2030. This is the Riyadh government’s goal within the "Vision 30" program, which confirms the Saudi intention to increase "green" energy production. In 2009, the country has announced an investment plan for $109 billion in photovoltaic energy, but the plan did not bring any concrete results. Certainly the current "oil war" with the aggressive policies taken on by the US and Iran do not make things easy since the shale oil competition and Tehran’s return on the market strike the Suadi supremacy at the base. "Despite the great potential found in solar and wind power," as stated in the Vision 30 document, "we still do not have a competitive industry, the new objectives aim precisely at creating one." Aside from the industrial sector, creating a department dedicated to research and development as well as encouraging foreign investment and partnership between the public and private sectors will be essential.