KUWAIT RANKS FOURTH IN GULF IN TERMS OF RENEWABLE ENERGY

  • 25/09/2022

Kuwait City: The importance of renewable energy sources will increase with the passage of time, although fossil fuels - mainly gas - are still the dominant energy source for electricity generation activities in the Gulf countries, and are likely to remain so for the foreseeable future.


In an analysis by the editor of energy affairs, Jennifer Aguinaldo, that Kuwait, through the Kuwait Gulf Investment Corporation, ranked fourth, with a net generation capacity of 602 megawatts, while the total planned capacity is 2,245 megawatts represented in 5 power projects, and the Saudi Aqua Power Company ranked in the center the first.

Saudi Arabia and Kuwait are in the process of purchasing new gas-fired power plants, while Abu Dhabi has not ruled out building gas-fired generation capacity in the future, and Dubai and Oman, which suffers from a shortage of gas supplies, have already announced that they will abandon Construction of new gas-fired power plants.

Regardless of how near-term decision and policy-making is undertaken across the GCC, the importance of renewables as a source of energy—and that of private utility developers with a heavy emphasis on them—will increase over time.

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