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2024-11-21, 2:46 PM |
Main » 2012 » December » 04
Significant increase in population and growth in economic
activity have triggered newfound interest in renewable energy development for
six major Middle Eastern economies that are form the world’s largest producing location
of oil and gas. Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab
Emirates, known as members of the Gulf Cooperation Council (GCC), have turned
their focus towards the exploitation of renewable sources of energy present in
the region.
Electricity production is the most energy intensive industry in the
GCC countries being produced mostly from the fossil fuels. The climatic conditions of
the region make air conditioning mandatory to life support resulting in more than
average power consumption as compared to the rest of the world. About 99% of
water in these countries comes from desalination, another energy consuming
process, working mainly on gas feeds. Water and electricity together are the
most energy consuming sectors in these countries forcing them to be the highest
per capita consumers of power and water. With depleting oil and gas reserves
plus commitments for export quotas, it is vital for the GCC to look at renewable
sources of energy.
The GCC countries have each declared their plans to produce
at least 10% of electricity from renewable sources of energy by 2020.
The
present research report is an intriguing text that gives facts and projected figures
about the paradoxical situation arising in the world, with the world’s largest
oil and gas providers looking at renewable sources to light their own bulbs. The
report meticulously takes through each country’s electricity and water
situation with renewable energy efforts along with policies and regulations. It
is packed with information on the GCC interconnection grid that will be fed
with power from the renewable sources of energy, it is also
given the potential renewable sources of energy and the future scenario of the
GCC region with the latest developments.
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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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