Kingdom's Vision 2030 strategy
Rich in sunlight and wind, as in oil and gas, Saudi Arabia is on a journey to rapidly diversify its domestic power supply by creating a global hub of renewable energy capability. This bold strategy will substantially increase the contribution of wind and solar energy in its total energy mix, liberating valuable liquid fuels, while also investing across the manufacturing value chain of renewable energy technology.
Saudi Arabia enjoys an abundance of both wind and sunshine. “North of the Red Sea and close to Egypt there is a lot of wind, and for most of the year the sun shines in the Kingdom,” says Saudi Aramco engineer Ahmed A. Sager, who worked on the Dhahran solar farm installation, and holds a master's degree in engineering science specializing in renewable energy electrical power systems.
Sager says that as part of efforts toward addressing climate change, Saudi Arabia is promoting the concept of a circular carbon economy, which is aimed at restoring the balance of the planet's carbon cycle through encouraging all possible climate mitigation options. The concept acknowledges that renewables are an important part of the world's energy transition, and that the emissions from oil and gas — not the oil and gas itself — are part of the greenhouse gas problem.
“Crude oil's amazing agility has made it an essential product for modern life, providing energy, construction and household materials, and personal items such as fabric for clothing,” said Sager. “There is no 'one-size fits all' solution for our planet's dual dilemma of building a cleaner energy system plus meeting future energy demand, as well as meeting the United Nations' goal of affordable and clean energy for all the world's population by 2030.”