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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 25GW 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
113GW in 2010 to 214 GW by 2020. The
approximate figure of 25GW 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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