The President of the King Abdullah City for Atomic and Renewable Energy, Dr. Khaled Al-Sultan said the Kingdom was working to build a sustainable sector for renewable energy, which includes industries and services, localization of technologies, and the training of human cadres.
The Ministry of Energy approved policies that stimulate private sector participation, he revealed, adding that work was underway to achieve the goals of the National Renewable Energy Program, led by the Saudi Minister of Energy, to make the energy system a unified center for energy research and measurement, data collection, organization, and development, as well as tenders related to renewable energy.
Sultan noted that the Kingdom was seeking to have 50 percent of its electricity production based on renewable energy by 2030, while the remaining percentage to depend on gas.
His comments came in the Kingdom’s speech at the opening of the 11th session of the General Assembly of the International Renewable Energy Agency (IRENA).
Sultan said that the Kingdom has launched several projects and initiatives in this context, including the green hydrogen production project in NEOM and the projects of SABIC and Saudi Aramco to capture, store and use carbon in the manufacture of various products, such as blue ammonia. The latter was approved by the leaders of the G20 and represents a comprehensive, integrated and realistic approach to managing emissions and preventing global warming.
