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Main » 2012 » December » 4 » Opinion: GCC set to miss renewable energy targets 2020
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Opinion: GCC set to miss renewable energy targets 2020

Posted by Cathal McElroy on June 4, 2012, ConstructionWeek



The GCC countries are set to miss their targets in generating 25 GW of electricity from renewable energy sources by 2020, according to Abhay Bhargava, head of energy and power systems at business research and consulting firm, Frost & Sullivan.

GCC governments are hoping that planned renewable energy projects will ease the region’s reliance on fossil fuels and help meet the projected increase in electricity demand in the coming years from 113 GW in 2010 to 214 GW by 2020. The approximate figure of 25 GW is reached by Frost & Sullivan from an aggregation of all planned renewable energy projects in the GCC, with Saudi hoping to produce 17 GW by 2022, UAE 1.63, Kuwait 2.7o,  Oman 1.25, Qatar 1,00 and Bahrain 0.25 GW.

Speaking at the media briefing at Frost & Sullivan’s office in Dubai, Bhargava said: "In our opinion, 25 GW is too stiff”. Bhargava cited six major reasons as to why achieving the target of 25 GW by 2020 is "not going to happen”, beginning from lack of the GCC's single center capable to develop and integrate these projects.



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Category: Ukraine GCC Network | Views: 538 | Added by: nickyurchenko | Tags: Frost & Sullivan, GCC renewable energy, Abhay Bhargava, Cathal McElroy

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