# Energy Transition in the Middle East: A Comprehensive Report on Solar Energy Strategies

## Introduction

The Middle East, traditionally synonymous with vast oil wealth, is undergoing a significant transformation in its energy landscape.

While the region has long been the world's primary supplier of fossil fuels, several countries are now investing heavily in renewable energy, particularly solar power, as part of comprehensive energy transition strategies.

This shift represents not only an environmental imperative but also an economic necessity as nations seek to diversify their economies and reduce dependence on hydrocarbon revenues.

## Saudi Arabia's Vision 2030 and Energy Transformation

Saudi Arabia's Vision 2030, launched on April 25, 2016, serves as a cornerstone of the kingdom's energy transition strategy.

This ambitious plan aims to transform Saudi Arabia into one of the world's strongest economies while reducing its dependence on oil as a sole source of income.

After eight years of implementation, significant progress has been made in reshaping the energy

# Energy Transition in the Middle East: A Comprehensive Report on Solar Energy Strategies

## Introduction

The Middle East, traditionally synonymous with vast oil wealth, is undergoing a significant transformation in its energy landscape.

Title:

Content: Innovations for energy
[caption id = "attachment _ 8995" align = "alignleft" width = "312"] photo by Yuri Becker [/ caption]
These events are the largest for both Kazakhstan and the countries of the Caspian region, and are held with the support of the Ministry of Oil and Gas of the Republic of Kazakhstan, the National Company "KazMunayGas", the akimat of Almaty, as well as the union of service companies KazService and diplomatic missions of the participating countries.
Kazakhstani companies dominate the exhibition, making up a third of the total number of exhibitors.
The leaders also include Russia, China and Germany.
In addition to them, Italy and Canada are represented by national stands.
In total, more than 460 companies from 22 countries of the world became its participants.
The conference discussed prospects for the development of key hydrocarbon fields in Kazakhstan, plans for the development of shale minerals, innovative solutions in geological exploration and oil production, the use of new technologies to optimize oil transportation.
Much attention was paid to increasing the share of local content.
Ambassador Extraordinary and Plenipotentiary of Great Britain to Kazakhstan Dr. Carolyn Brown noted that about one hundred British companies work in our republic, with which 1,600 local suppliers of products cooperate.
The head of the EU Delegation to our country, Aurelia Bouchez, stated that the European Union states are the largest investors of Kazakhstan, trade relations and cooperation in the field of energy security are developing dynamically.
In this regard, she approved the initiative of the President of Kazakhstan Nursultan Nazarbayev to create a “green ” economy and join the country in the idea of   increasing the transparency of the extractive industry.
The conference participants visited the exhibition KIOGE 2013, which is notable for a number of innovations.
Thus, thanks to the expansion of the street exposition, the exhibition area has been increased.
One of the brightest exhibitors is the Caspian machine-building complex, which brought to Almaty a pumping machine used in oil wells specifically for demonstration.
More than 20 seminars are held in a new format - in an open area with the involvement of a large number of visitors.
Vadim Makhin, Almaty
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Content: Wednesday 03-05-2023
Government: We aim to generate 50% of electricity through renewable energy
The Secretary General of the Ministry of Energy and Mineral Resources, Eng. Amani Al-Azzam, said on Wednesday, despite the fact that the Jordanian energy sector strategy announced in 2020 has set a target to increase the share of renewable energy in electricity generation to 31% by 2030, but we continue to make efforts in the hope of increasing this percentage to 50%.
This came in the speech of the Jordanian Co-Presidency of the Union for the Mediterranean at the opening of the annual meeting of the Energy Platforms of the Union for the Mediterranean, which began its work in Barcelona, Spain today.
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Al-Azzam said: "We are currently reviewing the comprehensive strategy of the energy sector to achieve the new target, and working to support the transition projects towards electric transport to produce green hydrogen, where we have started to take the required steps technically, legislatively and strategically in this field."
In pursuing this goal, Jordan has taken into account the strengthening of the electrical network through the shift towards smart grids, the establishment of electricity storage projects and the implementation and expansion of electricity interconnection projects with neighboring countries and the world, she added, adding that it is time to maximize the benefit of all available tools and technologies in order to overcome the technical challenges posed by renewable energy.
Al-Azzam presented the achievements of the energy sector in the Kingdom and said that the installed capacity in Jordan from solar and wind projects to generate electricity reached about 2.6 gigawatts, which contributed to the production of about 27% of the total electricity consumed in the Kingdom.

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Content: World Government Summit in partnership with Oliver Wyman
5 urgent actions to reduce 80% of emissions in the Middle East
Governments in the Middle East, which have set ambitious targets for climate neutrality in the coming years, may face real challenges related to limited technological solutions and the potential for their economic and social growth levels to be affected if national priorities and strategies are not aligned.
He recommended five urgent actions to support the efforts of governments in the region to reduce current emissions by 80%.
The report, prepared by the summit in partnership with Oliver Wyman, a consulting firm, titled “Sustainable Policies for Climate Action in the Middle East, ” noted that governments in the region recognize the importance of reducing emissions, prompting the UAE to pledge to achieve climate neutrality by 2050.
Mohammed Yousef Al Sharhan, Deputy Director of the World Government Summit Foundation, stressed that the report reflects the role of the Summit in employing modern technologies to meet the challenges of the environment and climate change, and reduce carbon emissions.
The report recommended focusing on five actions, the first being the application of CCS and CCU in the energy and industrial sectors, where the impact is expected to be a 22% reduction in emissions.
Second, reducing emissions in building heating and cooling, which is expected to reduce emissions by 20%.
The third measure is to increase power generation with low emissions, the impact of which is expected to reduce emissions by 18%, while the fourth measure is to target emissions in logistics and transport, contributing to a 10% reduction in emissions.
The fifth measure is to increase energy efficiency in industrial processes, with the effect expected to be a 7% reduction in emissions.
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Content: OPEC producer Kuwait is lagging behind in projects to expand the use of renewable energy although it was one of the first Arab countries to comply with UN climate targets, a Kuwaiti newspaper reported on Monday.

Kuwait has announced its commitment to boost renewable energy use  to 1 percent of the total energy mix in 2015 and to 15 percent in 2030, the Arabic language daily Alanba said.

“The total renewable energy use is still far below targets, standing at only around 0.3 percent of the Emirate’s total electricity production,” the paper said, citing a government report.

“Although the International Renewable Energy Agency paid tributes to Kuwait in 2010 for being one of the first countries to endorse the Agency’s creation, measures taken by Kuwait in the renewable energy sector has remained very slow.”

The report said Kuwait’s Electricity Ministry must “give more attention” to renewable energy projects to increase reliance on solar power, noting that one of the region’s largest solar power projects have been very slow.

The report was referring to Shagaya solar power station, which has not been fully completed although it was launched more than 10 years ago.

Shagaya plant, built on 84 square kilometres in the desert location of Al-Shagaya, is approximately 100 km west of the capital Kuwait City and comprises multiple renewable technologies as well as interconnection and site infrastructure.

In February 2019, Kuwait started commercial operations at a 50-megawatt plant, marking the completion of first phase of the project.

(Writing by Nadim Kawach, Editing by Anoop Menon)

(anoop.menon@lseg.com)

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Content: Featured ArticlesLocalities
Clean renewable energy.
How does Saudi Arabia contribute to reducing carbon emissions?
Region-Follow-Up
Saudi Arabia has not stood idly by in the face of climate change and the challenges it has brought to humanity, and has put forward a number of effective initiatives, assuming great responsibilities to stop the deterioration of the planet.
Riyadh has committed itself to achieving zero carbon neutrality by 2060, and before that to reduce carbon emissions by more than 278 million tons per year by 2030, a goal that Saudi Arabia seeks to meet through vigorous efforts, including the expansion of green and clean renewable energy projects and strategies, and the adoption of innovative solutions.
National Renewable Energy Program
In order to meet these environmental commitments, Saudi Arabia has launched the National Renewable Energy Program (NREP), a strategic initiative under the Custodian of the Two Holy Mosques Renewable Energy Initiative and Saudi Vision 2030. It aims to optimize the country ’ s share of renewable energy production and is designed to balance the local energy mix and meet Saudi commitments to avoid harmful emissions.
Through the program, Saudi Arabia aims to diversify the national energy mix used in electricity production by increasing the share of gas and renewable energy sources in it. Saudi Arabia aims to achieve the optimal, most efficient and least expensive energy mix in electricity production by displacing liquid fuels used in electricity production and replacing them with gas and renewable energy sources, which will make up approximately 50% of each energy mix to produce electricity by 2030.
Under the program, the Saudi Ministry of Energy is working on 15 renewable energy projects, including 14 solar PV projects and one wind project, with a total capacity of 701 GW.
Two of these projects, the Sakaka Solar Project and the Dumat Al Jandal Wind Project, have been put into operation with a total capacity of 700 MW.
Other projects are still being developed and future projects are being developed and proposed to achieve the targeted energy.
Al Khafji Desalination Plant
The Al Khafji Solar Desalination Plant is one of the most prominent Saudi examples of success in the transition to clean energy, sustainability and environmental conservation.
The plant, which is located in the city of Khafji on the coast of the Arabian Gulf, contributes to the removal of about 10,000 barrels of oil and 12,000 tons of carbon emissions annually.
The plant, which opened in 2018 and is the world ’ s first to use solar power for desalination, has already emitted around 180,000 tonnes of carbon since its entry into service.
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Content: The Future of Green Energy
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Samat Beisembayev
Kazakhstan aims to increase the share of RES to 15% by 2030
photo from the archive "KP"
The III International Business Festival QazaqGreenFest was held in Borovoy, dedicated to the development of “green ” energy in Kazakhstan, under the slogan“ Taking the challenges of the present – together into a sustainable future ”.
It should be noted that our country was the first in Central Asia to ratify the Paris Agreement in 2016, thereby committing itself to achieving carbon neutrality by 2060.
Kazakhstan has great potential for the development of wind and solar energy.
President Kassym-Jomart Tokayev mentioned this at the time, saying that our country is committed to protecting the environment.
The head of state called for international cooperation in solving the problem of climate change, and also noted the importance of increasing investments in climate programs, especially for the countries of Central Asia.
The data of the Ministry of Energy show that in 2023 the share of renewable energy in the total volume of electricity production was about 6%.
There are 148 renewable energy facilities in Kazakhstan with a total installed capacity of 2,903.54 MW, including wind, solar, hydropower and bioenergy.
The possibility of introducing heat pumps, biofuel boilers and systems for the utilization of excess heat is being considered.
However, there are a number of problems that need to be solved, and, as Chairman of the Board of Directors of the Qazaq Green Renewable Energy Association Nurlan Kapenov noted, it is necessary to restore order in the country's electric power industry.
“In particular, it is necessary to establish generation, infrastructure, accumulation systems and mechanisms such as a balancing market, a single buyer – that is, all the components without which the electric power industry, like a large ship, will not be able to“ sail ” further, ” he said.
In general, the development of renewable energy is considered a driver of the transformation of the electric power industry, and it becomes necessary to ensure the energy security of the country.
Various mechanisms for introducing technology into everyday life are being developed.
- For example, when the population can put installations on the roofs of their houses for their own consumption, and sell the surplus to the network, - said Vice Minister of Energy Sungat Yessimkhanov. - This is a world practice, which we have come to now.
This is known as distributed generation.
Then we will not have to transport electricity far.
By the way, renewable energy technology is developing in leaps and bounds, which has a positive effect on tariffs.
According to the Vice Minister, renewable energy is now cheaper.
At the beginning of 2014, fixed tariffs for it were high.
For example, for solar energy - 34 tenge per kilowatt-hour, wind - 22 tenge.
Today ’ s auctions held in the country show that the cost of a kilowatt-hour of wind generation on average decreased to 12-13 tenge, solar – 14-15 tenge.
It is equal to traditional sources - coal and gas stations.
We don ’ t have a problem of cost.
We have a different problem – now we need to properly adopt the technology, integrate and preserve it, ” said Sungat Yessimkhanov.
The festival was organized by the Qazaq Green Renewable Energy Association and the Kazakhstan Electric Power Association.
In conclusion, we note that on behalf of the Head of State, the share of renewable energy sources should reach 15% by 2030.
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Content: Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Britain to rely on Egypt to solve electricity crisis (report)
British reports confirmed the possibility of Britain relying on renewable energy sources in Egypt, especially through the electricity interconnection lines between Egypt and Europe, through which the continent will be provided with clean energy such as electricity generated from solar energy.
Solar energy in Egypt could help power British homes under plans being put in place to help boost energy security in an emissions-free world.
Plans to install submarine cables connecting Egypt and Europe across the Mediterranean will see energy from Egypt ’ s solar farms and wind turbines exported to the UK and Europe.
Export details of Egypt ’ s clean electricity to Britain
Details of the project will be decided at an energy summit in London next week, according to the Telegraph.
Carlos Diaz, director of renewables and energy at Rystad, said North Africa is becoming an increasingly important source of electricity for all of Europe, noting that European demand for low-carbon electricity is expected to grow significantly over the next three years.
Carlos Diaz explained that the infrastructure situation in Europe may not be enough at all to provide energy, so you need to look for other sources such as a series of giant solar farms that have been built or are under construction in the Egyptian deserts and wind farms that have been built near the Suez Canal, an area known for strong and steady winds.
Together they are expected to generate around 10 gigawatts of power, roughly equivalent to 10 UK power plants and their power will be transferred under the Mediterranean Sea via a 600-mile cable that ends in Attica, Greece.
About a third of the energy will be used in Greece and the rest will be exported to the rest of Europe where Europe already has a good electricity grid, so this should allow power to be distributed all the way to northern Europe and the UK, Diaz said.
The £3.7bn project is being developed by the Coplozos Group, a Greek company, in collaboration with Infiniti, an Egyptian company that has developed solar farms across desert areas.
The Egyptian project will be carried out in parallel with another separate plan to lay four direct cables between Morocco and the UK some 2,400 miles away and this project, developed by Xlinks, will provide solar power generated in the Maghreb to a plant on the southern coast of Devon.
Reasons for Britain to import electricity
Such cables, known as interconnectors, already connect the UK ’ s power grid to France, Belgium, Norway and the Netherlands, with another link to Denmark under construction.
Between January and June this year, the UK used these cables to import nearly £2 billion of energy, compared to £322 million of exports.
Linkages with the continent help to compensate for the long-term lack of investment in nuclear power and other domestic sources of generation.
A spokesman for the UK National Grid said interconnectors are a vital part of the energy transition, enabling energy to move from where it is generated to where it is needed and have many benefits, including helping to make Britain ’ s energy system safer, giving system operators access to vast amounts of electricity which is vital in a more renewable energy system.

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Content: Monday 19-06-2023
Renewable energy will increase its contribution to electricity generation by 50% by 2030
Director of the Planning Directorate at the Ministry of Energy and Mineral Resources, Engineer Shorouk Abdul Ghani, said that Jordan has achieved important steps in the field of renewable energy and energy efficiency.
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According to a statement issued by the ministry on Monday, Engineer Abdul Ghani confirmed that future plans have been prepared in this regard in order to increase the contribution of renewable energy in electricity generation to 50 percent in 2030.
During her participation in the workshop on women working in the energy sector in the Middle East and North Africa, she added that the NDC plan included projects related to the energy sector and the mechanism of action and coordination in partnership with the Ministry of Environment of Jordan aimed at reducing carbon emissions from energy sector projects and proceeding with the implementation action plan for green growth, including 12 projects specific to the energy sector.
The workshop included two main topics: the first topic dealt with the action plans and strategies related to the energy transition in Jordan, while the second topic discussed the mechanisms of financing the energy sector and facilitating access to financing renewable energy and energy efficiency projects.
The recommendations of the workshop focused on the exchange of experiences between the Tunisian and Jordanian sides in the field of plans and policies related to renewable energy and improving energy efficiency, in addition to the programs implemented through the Jordanian-German partnership in the energy sector.
The workshop, which was held on the sidelines of a conference held in Germany, was attended by the Ministry's Director of Legal Affairs Yara Akash, Engineer Aida Abdelhafez, a delegation from Tunisia and a number of participants from different countries.
It is noteworthy that the workshop was organized by the German Foundation for International Cooperation in Tunisia, the National Agency for Energy Control, and the Tunisian Electricity and Gas Company.

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Content: Jump directly to the Content

News&Reporting

Wiser than Solomon: Can Evangelicals Lead the Middle East Toward Creation Care?

As Egypt hosts COP27, a few pioneering believers struggle to transform the region most at risk of climate change yet demonstrating the least concern.
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Image: Sean Gallup / Getty Images
Visitors walk in the Green Zone of the COP27 climate conference on November 10, 2022 in Sharm El Sheikh, Egypt.

“Wisdom,” said Jesus, “is proved right by all her children” (Luke 7:35). But sometimes it takes generations to judge, as demonstrated by a new research study that threatens to tarnish the reputation of a legendary biblical paragon.

According to archaeologists at Tel Aviv University, King Solomon disregarded the environment.

Today, his spiritual descendants largely follow in his footsteps.

“We have so many working in evangelism, church planting, and leadership development,” said Michael El Daba, the Lausanne Movement’s regional director for the Middle East and North Africa (MENA). “Almost no one is working in creation care.”

Evangelicals are not alone. According to a 2021 report by the Institute for Economics and Peace, the MENA region demonstrated the least concern for climate change, including 10 of the 20 lowest-scoring nations. Only 18 percent of those surveyed in Egypt, for example, recognized it as a “very serious threat”—even as it exacerbates food insecurity.

Arab Barometer, a regional pollster, found that 68 percent of Egyptians reported running out of food before being able to get more. In half of the other MENA countries surveyed, majorities stated the same. And in 9 out of 10, majorities worried it might happen to them.

Temperatures in the region are rising twice as fast as the rest of the world, according to a study published last June in the Reviews of Geophysics. At current rates, Egypt will be nine degrees hotter by the end of the century. Iraq has already increased three degrees in the last 30 years.

Some of the damage is self-induced. The study identifies MENA as a “dominant emitter” of greenhouse gases, overtaking Europe and India. Resource extraction—as necessary as the hydrocarbons are for national economies and modern society—comes with a cost.

Just as it did with King Solomon’s mines.

Although his mines are not specifically mentioned in the Bible, copper is known to have been extracted from the Timna Valley, north of the Gulf of Aqaba in ancient Edom, a region conquered by his father David. Solomon used the minerals in the construction of the temple.

Over 4,000 acacia trees and 185,000 white broom bushes were cut down to smelt the copper, according to charcoal evidence located by the Tel Aviv researchers and published in the Scientific Reports journal. Their removal “irreversibly affected” the soil’s ability to retain moisture, sparking the desertification that continues today.

Some researchers question the association with Solomon, but contemporary abuses ensure the region grows only drier. To the north, the Jordan River’s historic discharge of 1.3 billion cubic meters of water into the Dead Sea has been reduced to as low as 20 million, according to a 2013 UN study.

A joint Israeli-Jordanian project to lessen pumping in favor of desalination aims to increase flow by up to 40 million cubic meters, but the region suffers everywhere. According to the World Resources Institute, MENA is home to 12 of the 17 most water-stressed nations in the world—and again, some of the harm is self-inflicted.

According to the World Bank, only 18 percent of wastewater in the region is reused.

“Preserving water is fundamental,” said Georges El Copti, pastor of St. Paul’s Anglican Church in Amman, Jordan. “We are part of creation, and we have to care for it.”

Copti was interviewed last month as part of the Middle East Council of Churches’ effort to promote the international “Season of Creation,” sponsored in part by the Lausanne/World Evangelical Alliance Creation Care Network (LWCCN). He spoke not only of the importance of raising awareness but also about the rainwater harvesting project at his church.

Collecting even the minimal yearly rainfall in the desert kingdom can supply 30 percent of a household’s annual water need, stated the Jordanian Ministry for Water and Irrigation. Copti’s efforts are contributing to his congregation becoming an “Eco church,” a recognition awarded by A Rocha International, an evangelical environmental organization active in 20 countries.

Since its beginning in the United Kingdom, A Rocha has led thousands of churches to commit to embedding creation care into their preaching, worship, and facility management. Spinoffs are developing in France, Ghana, New Zealand, and Switzerland—though not yet in the Middle East.

“Matter reveals God,” said Dave Bookless, director of theology at A Rocha International. “If we destroy nature, we are ruining opportunities for evangelism.”

Bookless, also a creation care catalyst for LWCCN, spoke last month in Jordan, concluding a 12-region tour to promote the Lausanne Congress conviction, ratified in 2010, that “creation care is a gospel issue within the Lordship of Christ.”

The message has been slow to circulate.

“I know all the pastors,” said a Christian leader from Algeria. “This will be a revolution.”

Requesting anonymity due to social and governmental discrimination against Kabyle converts, the 26-year pastor said he is a rare environmentalist in his country. Partly it comes from experience: His church meets outdoors in nature, denied a permit to open a building.

When authorization comes, he plans to install solar panels—and expects grumbling from the congregation. Why bother, he anticipates their objection being, when the government offers such a steep subsidy on fossil fuels? As of 2021, OPEC member Algeria is the world’s 19th-largest oil exporter and a European target for increase given the disruptions caused by the Russia–Ukraine war.

Already aligned with the conference aims, the pastor still praised Bookless.

“I knew about recycling,” he said, “just not the Bible verses.”

Others in the region have gone further than reduce and reuse.

A Rocha Lebanon won acclaim for restoring the Aammiq Wetland in the Bekaa Valley. In the 1970s, authorities drained the area to combat malaria, unintentionally destroying an important transit point for north-south bird migration. The evangelical ecologists began restoration work in the early 2000s, and today the area is home to 53 species of butterflies, among other returning wildlife. And to the consternation—but not infection—of locals, even the mosquitoes are thriving again.

A current project, slowed by Lebanon’s financial crisis, is transforming a civil-war-era Syrian army landfill into a garden, complete with roses, fig trees, and a prayer labyrinth.

And outside Bethlehem, the Tent of Nations has turned the century-old Nassar family farm into an international peace and environmental center. Victim to attacks by both Jewish settlers and fellow Palestinians, the Lutheran family’s property is also claimed by the Israeli government, which uprooted many trees.

The Nassar slogan proclaims to all, “We refuse to be enemies.”

“Many evangelical churches preach, ‘Our home is in heaven,’” said Salim Munayer, founder of the Musalaha reconciliation ministry, in Jerusalem. “But as Arabs, our identity is very much connected to a geographical location, with the land itself as a fifth gospel.”

The identity is reflected even in many people’s name, he said. Many Arabic surnames end in i to connect to a traditional city or village, just as Iraqi or Yemeni denotes the national adjective.

But for those in the Holy Land, the attachments are often even stronger. And the environment is frequently one more avenue for politics within the Israeli-Palestinian conflict.

Bedouins in Galilee fear a wildlife corridor planned by the government is a disguised land grab that will limit the grazing of their livestock. And Jack Sara, general secretary of the MENA Evangelical Alliance, said that when early Zionists cleared Palestinian villages, they planted olive trees above them to hide their aggression.

He also addressed the common evangelical suspicion in spiritual terms.

“When we hear phrases like ‘creation care,’ it brings to mind someone hugging a tree,” Sara told LWCCN conference attendees. “But whenever I walk in a forest, I feel like I want to pray, don’t you?”

But none of the belonging, conflict, or meditation has been enough to rally evangelical concern for the environment, which is often seen as a “luxury topic” amid scarce resources and donor interest. Daba said that while Middle Eastern believers have largely joined social action to their verbal witness, the third pillar of the gospel—creation care—is still lacking.

He has a strategy.

“If we show them how ecology will also help the poor, they will pursue it,” he said. “We must incentivize social work to become environmental.”

A former business executive, Daba said his world once revolved around effectiveness, efficiency, and profitability. But when he became director for funding and investment for the Coptic Evangelical Organization for Social Services (CEOSS), he saw a reality once wholly alien to his church experience—shifting his concern to equality, poverty, and human rights.

It is an uphill battle to change mentalities, he said. But as his native Egypt is hosting the 27th session of the Conference of the Parties (COP27) to the UN Framework Convention on Climate Change, there has never been a better time to rally local concern—or to make it practical.

Increased salinity from the rising Mediterranean will impact the Nile River, from which Egypt draws 95 percent of its water. At current levels, crop yields will decrease 10 percent by 2050.

One Egyptian project can serve as Daba’s model.

Since its opening in 2012, the Health and Hope Oasis (HHO) in Wadi el-Natroun has provided free residential cancer care to over 10,000 children. The facility is located halfway between Cairo and Alexandria, a region which is home to some of Egypt’s most famous once-remote monasteries.

Today, the green pastures are gone—a victim of urbanization and its overreliance on precious groundwater.

“I’ve seen the effects of the loss of agricultural land in Egypt,” said 72-year-old cofounder Magda Iskander, a trained radiologist. “I am connected to the land and a peasant at heart.”

Her vision is more than ecological. To sustain the hospital’s charitable services, its 40 acres of farmland produce food for the housed families—including mangoes, dates, bread, beans, and vegetables. Water buffalo provide milk and meat, while cafés in Cairo donate used coffee grounds for fertilizer.

And whenever there are excess funds, the charity adds to its many trees.

Running a secular organization primarily serving Egypt’s Muslim majority, the lifelong Presbyterian cofounder encourages Christians to overcome their ghetto mentality. How else will society know you are different?, she asked, noting that HHO has drawn more than 1,200 cross-faith volunteers.

“Sometimes we forget what Jesus did,” said Iskander. “Create a team, and get them to share your vision.”

This charitable model may soon be increasingly in demand. According to the World Bank, by 2050, water scarcity in the Middle East will reduce regional GDP levels by up to 14 percent.

Despite his alleged environmental failing, the wisdom of Solomon remains necessary today. But as the Gospels state, now one “greater than Solomon is here.” Jesus, as head of the Middle East church, is present in all its challenges.

“Evangelicals have always been a forward-looking beacon of change in our region,” said Daba, referring to the schools and hospitals they’ve established and sustained—and even the taboo on smoking. “Now we need to lead in care for creation.”

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Content: Sherif Salim Al Olama, Undersecretary of the Ministry of Energy for Energy and Petroleum Affairs in the UAE, said on Tuesday that local companies have begun to implement their pledges to invest to achieve carbon emission reduction targets as part of the UAE ’ s carbon neutrality strategy.
“We have seen companies, including private companies cooperating with us and even committed to investing sums of money on the basis that we, in partnership with the private sector, achieve our common goals, ” the scientists said in an interview with Zawiya Araby on Tuesday on the sidelines of the World Government Summit in Dubai, which is taking place from Sunday to Wednesday.
The UAE, like many other countries in the world, is seeking to switch to clean energy.
The Gulf state, a member of OPEC and OPEC +, plans to triple the contribution of renewable energy by 2030, with clean energy (renewable and nuclear) contributing 32% by 2030 and 38% by 2035.
The official pointed out that the UAE national oil company ADNOC has increased the volume of investments dedicated to reducing emissions and new and renewable energy solutions, from about $15 billion to $23 billion.
He said that the Ministry of Energy is working to take advantage of the elements of artificial intelligence and collect and analyze data at the level of the entire UAE in cooperation with other parties to achieve its plan to reduce carbon emissions, to be evaluated and reviewed in the strategy of carbon neutrality in 2028.
He stressed the UAE's commitment to the policies of OPEC and OPEC Plus, both in terms of production and the reduction approved by the organization for the beginning of this year, which amounted to 2.2 million barrels per day.
To watch the video on youtube click here
(Prepared by: Shaima Hefzy, Editing and Directed by: Farah Haiba and Selim El Guindi, For Communication zawya.
arabic @ lseg.com)

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Content: Our readers are Telegram users
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An international conference was held at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh during the period 4-9 February, with the participation of hundreds of experts and those interested in energy economics from different countries of the world, on the occasion of the 44th Annual International Conference of the International Federation of Energy Economists.
The conference in Riyadh is the first of its kind in the Middle East and North Africa, and was co-organized by the Saudi Energy Economics Association.
The theme of the conference, “The Road to Clean, Stable and Sustainable Future Energy, ” included attention to the current energy phase with its hydrocarbon dominance, and the energy transition towards zero emissions with the emergence of a hybrid energy basket by the middle of the century, the focus of discussions and research.
The experts discussed energy finance and investments, development, energy and climate change, the relationship between energy, water, food and minerals, technology and energy variables, the challenges and opportunities of the electricity sector, the security of energy demand, the challenges of marine energy production in the Arab countries, the green economy and its impact on sustainable development in Saudi Arabia compared to other experiences, hydrogen and the future: solar pricing systems for the residential sector, and the role of hydrocarbon fuels.
The conference opened with a plenary session in which energy writer Dan Yergen, author of the Pulitzer Prize-winning book “The Prize ” on the history of the global oil industry, and Saudi Arabia ’ s Energy Minister, Prince Abdulaziz bin Salman.
The dialogue was characterized by questions from Yergen to be answered by Prince Abdulaziz.
The questions included the possibility of Saudi Arabia in the face of the global campaign to reduce oil consumption, Prince Abdul Aziz replied that Saudi Arabia is facing this challenge in all seriousness.
In addition to its responsibility to stabilize oil prices, several projects are currently under way, such as the carbon capture and storage industry to neutralize emissions, as well as projects to produce hydrogen and sustainable (solar) energies, rationalize consumption and plan for the construction of nuclear reactors.
He added that Saudi Arabia qualifies its natural and human resources and resources to continue to play a major global energy role in the future.
Prince Abdulaziz also repeated his doubts about the road map that had been drawn for the world to shift to zero emissions, and answered that despite skepticism about the road map, Saudi Arabia would be ready by 2060 to switch to zero emissions.
The Saudi energy minister noted that the policy and decisions of the OPEC + group stem from the studies and research available to the countries of the group on the supply and demand of the markets and not from political decisions.
The goal is to stabilize prices and markets for crude oil.
India and several OPEC countries have announced that they will be able to neutralize emissions by 2070, given the many demands of an energy transition.
The International Federation of Energy Economists has awarded its annual award to the most important energy economist of the year; Dr. Adnan Shihab-Eldin, Arab energy expert from Kuwait.
An important group of Arab, Saudi and Saudi experts, as well as other Arab energy experts, participated in the lectures of the scientific committees, and the Saudi female element dominated a number of sessions, including the industry of the economy and carbon storage.
The broad participation of Saudi women academics from Saudi Aramco, the King Abdullah Center for Petroleum Studies and Research, and other Saudi energy institutions from the public and private sectors drew the attention of the two conferences.
The King Abdullah Center for Petroleum Studies and Research played a major role in the successful organization and management of the conference.
Markaz brings together renowned energy experts from multiple countries. Saudi men and women are part of the vast pool of Saudi expertise in the field of energy, represented by the largest international oil company, Saudi Aramco, not to mention the Ministry of Energy, companies and departments specialized in environment and sustainable energies. industry in the country, dealing flexibly with the process of energy transformation.
The conference, which was held at the King Abdullah Center Conference Building, designed by Zaha Hadid, was an opportunity to work and enjoy its modern architecture.

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Content: Countdown to Expo 2020 Dubai
Syria promotes solar energy to tackle electricity crisis
After the war raging in Syria has exhausted energy sources and production, the Syrian government is now promoting the use of solar energy in businesses, farms, factories and homes, and the goal of turning to solar energy to generate electricity is to save fuel and oil resources, which have been affected by economic sanctions and instability, which has led to reduced availability of energy sources for homes.
Younis Ibrahim Ali, Director General of the National Research Center, said: “There is no doubt that the situation in Syria is one of the repercussions of the war, where the energy sector has been heavily affected by both oil and electricity, so the current approach to renewable energies in Syria is an approach to mitigate the effects of the energy crisis. He explained that there are about 60 small solar energy projects established in the country in the last ten years, and that the government is working on developing dozens of other projects, some with greater capabilities to meet the need in industrial cities.
He added: « We are still at the beginning of the road, so far the number of projects that have been licensed and implemented and currently produce electricity from renewable energies about 60 projects, but these projects are small and distributed in Syria and produce about 20 megawatts, and dozens of projects are currently under license. They can afford it, making many people rely on external batteries to power small appliances.
Fouad Shammout, the owner of an lighting and electricity company, said: “Before the companies and institutions, today the most popular thing in the suburbs and rural areas, ” said employee Tarek Abu Asla:“ The routine of our lives anyone living here is practically on electricity. ”
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Content: Energy security is a Saudi commitment
Energy security occupies a prominent place in the policies of the Kingdom and the Gulf Cooperation Council (GCC) countries, which play a pivotal role in providing oil and gas supplies globally.
Energy security is an important element in finding solutions to the climate change crisis, which requires many programs to ensure the benefit of all parties.
The kingdom is moving towards a 50-50 rule with the aim of reducing its reliance on burning liquid fuels for energy production by 50 percent and offsetting it from renewable sources, higher than Europe ’ s target of producing 45 percent of its renewable energy needs.
The Kingdom believes that the transition to new energy must be comprehensive, and carried out in a combined, constructive and comprehensive manner, to maintain global economic growth and achieve prosperity.
Over the past decades, the Kingdom has proven to be a reliable partner in ensuring global energy supplies and ensuring global economic stability while taking into account the interests of producing and consuming countries at the same time.
While Saudi Arabia is leading an international alliance under OPEC + to regulate global oil markets, Saudi Arabia is adopting a moderate approach to the transition to clean energy to contribute to the achievement of sustainable development goals and reduce harmful emissions.
Saudi Arabia insists supply chains must be well planned to avert a global energy crisis, stressing that the focus should be on reducing energy price volatility and that global efforts to tackle climate change must not undermine energy security or avoid any particular source.

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21.08.2022 23:50:19

Going green may not be so green after all

THE benefits of renewable energy sources such as wind and solar are well-known. As governments and companies race to fulfil their climate obligations, it is expected that these cleaner sources of energy would be increasingly included in a country’s or company’s energy mix. Yet, the not-so-green side to energy transition is not something often talked about.
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Content: Sustainable and reliable
49
Akbars Daut
Speaker of the Senate of the Parliament Maulen Ashimbayev proposed to look more broadly at the problem of access to sustainable and modern energy sources and to make the most effective use of the potential of Kazakhstan, which has rare earth metals.
photo from the archive "KP"
This opinion was voiced during the fourth meeting of the Parliamentary Commission for monitoring the implementation of national goals and objectives in the field of sustainable development.
The participants of the meeting raised the issues of ensuring universal access to sustainable and modern energy sources.
Opening the meeting, Maulen Ashimbayev stressed that ensuring access to affordable, reliable, sustainable and modern energy sources for all is a challenge that the world community faces today.
In Kazakhstan, the problem is aggravated by the level of wear and tear of power grids.
In this regard, the importance of increasing attention to the issues of alternative energy and the formation of a systematic approach for the transition of Kazakhstan to a "green" economy is growing.
– Despite the access of the population to electricity, the issue of wear and tear of power grids is relevant.
Large-scale investments are needed in the generation of electricity.
Gasification of the country also remains an important task.
The share of renewable energy sources (RES) is still very low.
As noted by the Head of State, the development of the “green ” economy is a key priority of the modern agenda of our country and the transition to it will improve the quality of life of the population and enter the number of actively developing countries while reducing the burden on the environment and rational use of natural resources.
Promoting the solution of these tasks is one of the priorities of the deputy corps, - said Maulen Ashimbayev and urged his colleagues to consolidate efforts towards achieving common goals.
In his opinion, it is necessary to use the potential of rare earth metals:
There are rare earth metals in Kazakhstan.
We have huge projects on RES now, we have started to implement them, big plans.
And in this regard, maybe Kazakhstan in the future should position itself as a manufacturer of these batteries and storage systems?
Not only to buy from other countries, but to produce here together with foreign partners.
Given that we have both consumers and raw materials, respectively, maybe we should close this intermediate site ourselves and, if possible, export the appropriate batteries and storage systems.
It seems to me that this is also a very promising direction for the development of our industry.
Also, the speaker of the Senate proposed to combine hydrogeneration with renewable sources in the National Statistics and to conduct general statistics taking into account international experience and the opinions of experts in this direction.
If necessary, as Maulen Ashimbayev noted, appropriate amendments will be made to the national legislation.
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Content: Sunday 10 December 2023
Chairman of the Board of Directors and Editors
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
Chairman of the Board of Directors and Editorial Board
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
NEWS
Prime Minister reviews the position of renewable energy projects and ways to increase their contribution to the energy mix
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During a meeting held this evening, Prime Minister Mostafa Madbouly reviewed the position of private sector projects in the field of renewable energies (solar - wind) within the UAE strategy on increasing the participation of renewable energies in the energy mix, in the presence of Hassan Abdullah, Governor of the Central Bank, Dr. Mohammed Shaker Al Marqabi, Minister of Electricity and Renewable Energy, and Advisor Amjad Saeed, Legal Advisor to the Ministry of Electricity.
The Prime Minister began the meeting by stressing that the Egyptian government attaches great importance to renewable energy projects and is working to increase its contribution to the total energy mix generated as part of our plan to reduce dependence on fossil fuels, which would save a lot of hard currency for the country.
Meanwhile, the Minister of Electricity and Renewable Energy said: "We have renewable energy projects (sun and wind) under construction with a total capacity of 1700 MW, which have been fully contracted with a number of companies, and have been financially closed.
He added that there are also projects with capacities of 1800 megawatts that have been approved by the Council of Ministers, and some of their contracts have been signed, and the rest are waiting to be signed.
Advisor Amjad Saeed, legal adviser to the Ministry of Electricity, reviewed the projects with large capacity (28 gigawatts of wind energy), on which memorandums of understanding and non-binding agreements have been signed to provide land for measurements and no binding contracts have been signed.
He also confirmed that there are offers from different companies with a total capacity of about 33 gigawatts, and no memorandums of understanding have been signed so far.

Title:

Content: Inventions that change the world
695
Rosa AMANOVA
photo by Igor BURGANDINOV
The “Shapagat ” contest is held annually in the country.
It was established in 2004 with the aim of stimulating the inventive activity of citizens.
Among the objectives of the competition are to increase the role of intellectual property in the country, popularize inventive activities, promote innovation, attract investment and introduce promising developments in the manufacturing sector.
281 applications were received for participation in the “Shapagat-2015 ”.
The works were presented by national patent holders who have valid innovation patents and patents for inventions issued and published in the year preceding the competition.
The competition commission consisting of prominent scientists, public figures, representatives of state bodies and public organizations selected inventions that meet the criteria of originality, competitiveness, high technical level, profitability in application and social significance.
Within the framework of the solemn award ceremony, an exhibition of promising inventions was held in the hall of the Shabyt Palace of Creativity.
So, for example, the South Kazakhstan State University named after M. Auezov presented its scientific developments on the use of solar energy, wind power, heat pumps, biogas and solar plants, awarded the gold medal named after V. Blinnikov "For contribution to the inventive and patent business".
As explained by the Vice-Rector for Scientific Work and International Relations of SKSU Marat Sataev, for the commercialization of scientific developments in the university, a LLP was created, in which 9 patents valued at 93 million tenge were used as the authorized fund.
These are scientific research works of scientists, for the introduction of which equipment was purchased.
Almost ready to launch the production of biopreparations of a wide spectrum of action, polycomponent mineral fertilizers of argonoliptic action, various food products, aerated concrete, lighting.
Many of these projects are included in the Map of industrialization of South Kazakhstan.
And the Kazakh National Agrarian University demonstrated new developments for combine engineering patented in Kazakhstan.
- We propose to install inclined chambers for threshing grain, rice and fodder plants on combine harvesters, - says Meiram Toylybaev, Associate Professor, Head of the Department of Mechanics and Design of Agricultural Machinery of KazNAU. - According to our development, they are already produced in Belarus at Gomselmash.
Last year, the units passed factory tests and gave positive results.
Now our Belarusian partners plan to conduct field tests of inclined chambers, and if they are successfully completed, the plant will organize their serial production.
Another equally interesting development is electromagnetic stimulation of grain.
When harvesting, the grain gets a lot of microbes, dust, weeds.
And passing through the threshing of the combine, it is subjected to impact, as a result of which micro-, macrocracks appear on the grain, which sharply reduce its germination and quality.
Therefore, for the first time in combine engineering - when harvesting on the header, threshing, on the bunker - electromagnetic stimulation of grain is installed, which allows to obtain better quality seeds of grain or fodder plants, while reducing losses.
- Classic methods of harvesting grain are allowed up to 20-25% of grain seed losses, - comments M. Toylybayev. - And by installing our development, you can reduce the damage to 5-10% and get a grain of higher quality.
Interest in inclined cameras was shown by a number of Russian and Belarusian factories.
Our units are implemented by farmers of some farms of Almaty, East Kazakhstan regions.
By the way, not only inventors, but also entrepreneurs took part in the exhibition.
Therefore, the participants of “Shapagat-2015 ” had the opportunity not only to demonstrate their achievements, but also to attract investments in their projects.
Speaking at the ceremony of honoring the winners of the traditional competition, Deputy Minister of Justice Bakytzhan Abdirayim emphasized that the development of innovations, new technologies is the main path of development of our country, contributing to the achievement of the goal set by the Head of State for Kazakhstan to become one of the 30 most developed countries in the world.
After all, competitiveness in the context of globalization and integration is today directly dependent on intellectual potential, which requires constant support from the state.
Finally, the names of the winners of the XII Republican contest of achievements in the field of invention were announced.
Thus, in the nomination "Invention of the Year", the scientific developments of the following authors are recognized as the best: Karaganda F. Olifirenko ("Rotor-piston internal combustion engine"), a team of developers from the RSE "Institute of Nuclear Physics" of the Atomic Energy Agency ("Generator for obtaining sterile radionuclides"), a group of scientists from the RSE "South Kazakhstan State Pharmaceutical Academy" of the Ministry of the Ministry of Health ("of the cell).
The title "Woman-inventor" was awarded to A. Zhilkashinov from Ust-Kamenogorsk ("Wind generator" Gemini "," Wind generator "Breeze", "Method of manufacturing coal electrodes of fuel cell").
“The most active inventor ” was Kostanayets A. Stranikin, the owner of 15 patents for inventions in the field of renewable energy sources.
"The youngest inventor" named Astana N. Maratov, co-author of the invention on the innovative patent "Multi-purpose fire engine Ayubayev" MPMA ".
The title "Young talent" was awarded to a student of the 11th grade of the specialized boarding school "Daryn" for especially gifted children of the Kyzylorda region B. Tolebay (scientific project "Togyzkumalak oyynyn electrondyk alippesi").
This year, awards were also presented by the World Intellectual Property Organization, the World Association of Women Inventors and Entrepreneurs, the Eurasian Patent Organization, the National Chamber of Entrepreneurs and the DeltaTechnology venture fund.
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Title:

Content: Global News
The World Today - A pivotal and promising role for the countries of the region in the transition to renewable energy
You are now following the news of a pivotal and promising role waiting for the countries of the region in the transition to renewable energy from the news section of the world and now we leave you with full details
MARCH 3, 2023 02: 16 AM - The Middle East and North Africa (MENA) region has always played a pivotal role in the oil and gas markets, but this role will not stop if the world decides to move to low-emission sources of energy.
According to APRICORP, renewable energy investments are expected to account for 34 percent of electricity investment in the Middle East and North Africa between 2022 and 2026.
According to McKinsey & Company, the Middle East and North Africa receives 22 to 26 percent of the solar radiation energy on Earth, due to its geographical location.
Solar energy is not the only thing that distinguishes the region, as countries in this region are likely to be the source of 10 to 20 percent of the global hydrogen market by 2050, according to Roland Berger.
Hydrogen is likely to generate annual revenues of $120 billion to $200 billion by 2050, and many countries in the region have already started projects to transport and export hydrogen to energy-consuming countries.
The region has about 10 percent of global carbon capture and storage capabilities.
Despite the many challenges that countries in the region must face in this regard, the Middle East and North Africa (MENA) region has the potential to play a pivotal role in the global energy transition.
The most prominent question about green finance comes in this promising region.
Nael Amin, senior director of financial services at Arthur D. Little, said on this week ’ s episode of Dot Gulf ’ s World of Energy program that green finance in the Middle East and North Africa, including green bonds, had reached $3.8 billion in 2020.
This amount, according to Amin, has grown significantly during the year 2022, specifically in 4 countries, Turkey, the Arab Emirates, Egypt and Saudi Arabia, due to the development in the region and increased investments in this sector, as well as providing some important requirements in this sector.
Amin explained that besides financing, the region is witnessing progress in many areas in terms of dealing with environmental factors, which is an attractive factor for investors.
Over the past two years, banks have significantly increased their legislation in this area, as each of the Gulf countries has implemented the necessary standards and requirements to support the business environment in the field of green energy.
There are challenges, according to Amin, the most prominent of which is the data challenge, as he pointed out that banks are approaching the activities of customers to know the necessary data on funded projects, for example, in the case of financing the construction of a building, you must know the amount of energy that will be consumed by this building.
The Gulf States are working and collaborating with each other to understand the framework that must be adopted to develop infrastructure in the field of renewable energy and promote sustainability, which will positively impact and support green investment in general in the region.
We hope that we have succeeded in conveying the full details of a pivotal and promising role that awaits the countries of the region in the transition to renewable energy.
In God ’ s care and protection.
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Content: Al-Mazrouei: « Cooperation » expands with renewable energy
T + T - normal size
HE Suhail Al Mazrouei, Minister of Energy, said yesterday that the GCC countries are making more efforts in the field of investment and spending more money in expanding the renewable energy system than any other country.
At the Climate Week in Riyadh, he called for innovative solutions to accelerate the pace of climate action, noting that oil-producing countries have a key role in the transition to clean energy.
HE the Minister of Energy called for the need to strengthen the link between the countries of the world in the transmission of energy, pointing out that we are lucky in the Gulf because we have invested in the network that connects us.
He explained that exaggerating the electrical needs due to the absence of connectivity between countries hurts the environment, because you need more resources, and extracting these resources will harm the environment, and thus; the production of these materials without providing a link between these countries will be something that causes damage to the environment.
He added that the GCC countries are making more efforts in investment, and companies such as ACWA Power and Masdar provide excellent examples in this regard.
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Title:

Content: Prince Abdulaziz bin Salman: We aim to add 20 gigawatts of renewable energy annually
Money and Business
Photo from the archive - Saudi Energy Minister Prince Abdulaziz bin Salman
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Saudi Energy Minister Prince Abdulaziz bin Salman said the kingdom aims to add 20 gigawatts of renewable energy annually to 130 gigawatts of renewable energy by 2030.
Saudi Energy Minister Prince Abdulaziz bin Salman made the remarks in the opening speech of the 23rd Smart Grid Conference held in the Saudi capital Riyadh.
Prince Abdulaziz bin Salman also pointed out that the Kingdom is ready to export up to 150 gigawatts of electricity, whether green or hydrogen.
More than 120 local, regional and international speakers will participate in the event to discuss the most important developments and challenges in the field of networks and increase the levels of their use and applications in the Kingdom.
The conference will also discuss topics such as smart meters and advanced data management solutions, regulatory aspects and energy policies, artificial intelligence and blockchain studies in smart networks, and cybersecurity applications in smart networks.
Source: RT
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Putin: The West has not given up its aggressive objectives in Ukraine, and we also do not give up the objectives of our military operation

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Content: Monday 29 May 2023 Abu Dhabi UAE
Prayer times
News Highlights
Today 's Issue
Today 's Issue
Global solar energy investments go beyond ‘ conventional ’
The Energy Agency has appealed to oil companies to allocate more money for clean energy solutions.
May 29, 2023 01: 26
Hassouna Al Tayeb (Abu Dhabi)
With the Paris Agreement ’ s 1.5 ° C targets set to be met and nearly $1.7 trillion spent on clean energy this year, global solar investments are steadily outpacing those traditionally made in oil production for the first time in their history.
For the first time, with $1 billion a day spent, solar investments are likely to top energy investments in 2023, helping to reduce global carbon emissions.
Referring to the Paris climate agreement, which aims to limit global warming, IEA Executive Director Fatih Birol said that if clean energy investment continues to grow at the same pace as in the past few years, a different energy system is expected to emerge soon.
About $1.7 trillion is likely to be spent on clean energy technologies this year, compared with $1 trillion in fossil fuels.
Five years ago, the $2 trillion annual energy investment was split equally between fossil fuels, clean technology such as renewable energy, electric vehicles and low-carbon fuel categories, according to the Financial Times.
Recovery of the economy
Behind the increase in clean energy spending is a strong recovery in economic growth following the end of the COVID-19 pandemic, as well as concerns about price instability and energy security caused by the Russian-Ukrainian crisis last year.
Enhanced policy support, such as the U.S. Inflation Reduction Act, has provided nearly $369 billion in aid and tax breaks for clean energy technologies.
As a result, the International Energy Agency expects clean energy investment to jump by 24% compared to 2021, while spending on fossil fuels will rise by only 15%.
At the recent G-7 summit held in Japan, there was a great convergence on energy issues and the future of its market, among the countries of the bloc, in addition to the invited countries, such as Brazil, India and Indonesia.
Expenditure rates
Despite a significant recovery in clean energy spending, carbon emissions associated with the global energy sector grew by a record 0.9% in 2022 to 36.8 billion tonnes, according to the World Energy Agency.
The agency is appealing to global and national oil companies to allocate more funds for clean energy solutions.
The oil and gas sector ’ s total spending on low-carbon energy resources was less than 5% of total spending on fossil fuel production.
“We hope there will be a convergence between what the heads of global and national oil companies say about their climate change concerns and what they do in terms of investment operations, ” Birol said.
All rights reserved to Al Ittihad Newspaper 2023 ©

While the region has long been the world's primary supplier of fossil fuels, several countries are now investing heavily in renewable energy, particularly solar power, as part of comprehensive energy transition strategies.

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Content: Deep Dive

20 stocks for maximum growth as the world switches to clean energy

A landmark U.N. climate report is urging policy makers to reduce carbon output. These companies operate in industries aiming to do just that.

Referenced Symbols

If you would like your investments to help protect the Earth, you might as well go in for the long term and try to make a lot of money as companies specializing in low-emissions and sustainable energy technologies grow.

Below is a screen of alternative-energy companies expected to produce the fastest revenue growth over the next three years.

The United Nations Intergovernmental Panel on Climate Change released its new report on climate change Aug. 9 and said that the past decade had been the warmest over the past 125,000 years. Here are five quick takeaways from the U.N. IPCC’s report. You can read the IPICC’s summaries and download the entire report here.

Climate change is a controversial subject, but regardless of your opinion about governments’ responsibility, as an investor you need to move toward lower emissions, more sustainable power sources, smart electric grids, among other things. Changing your portfolio with the times gives you an opportunity to profit as innovative companies grow quickly.

A diversified investment in one or more exchange traded funds focused on clean energy is one way to do this — it also sets the basis for the stock screen that follows.

Here are the largest five alternative energy ETFs listed by ETF Database.

To begin the screen, we looked at the five largest cloud ETFs:

ETF Assets ($mil) Expense ratio Holdings Strategy
iShares Global Clean Energy ETF ICLN, +1.82% $6,117 0.42% 83 Tracks a market cap-weighted index of global clean energy companies, with weighting modified by a an exposure score.
Invesco Solar ETF TAN, +2.54% $3,480 0.69% 56 Tracks an index of global solar energy companies, “this cutting out much of the broader renewable energy market,” according to FactSet. The portfolio is weighted to emphasis pure-play solar companies.
First Trust Nasdaq Clean Edge Green Energy Index Fund QCLN, +2.65% $2,693 0.60% 53 Tracks a market-cap-weighted index of U.S. clean energy companies.
ALPS Clean Energy ETF ACES, +2.05% $953 0.55% 40 Tracks an index of clean energy companies listed in the U.S. and Canada. Portfolio is weighted by market capitalization, subject to a 5% maximum.
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index ETF GRID, +0.45% $449 0.70% 70 Tracks a market-cap-weighted index of global companies in the smart grid and electric infrastructure industries.
Source: FactSet

These ETFs have varying strategies, and definitions of alternative or clean energy companies may be broad. For example, electric-vehicle maker Tesla Inc. TSLA, +2.25% also makes solar-power-generation equipment and is held by QCLN, ACES and GRID. Rival EV makers Nio Inc. NIO, +3.51% and Xpeng Inc. XPEV, +3.66% are held by QCLN.

If you are interested in any ETF, you should review the fund manager’s website.

ETF Database says solar energy is the most common industry among companies held by ETFs in the alternative energy category, but that “wind, hydroelectric and geothermal energies are also represented.”

Here’s a comparison of total returns for the five ETFs through Aug. 6:

ETF, index or sector Total return – 2021 Total return – 2020 Total return – 3 years Total return – 5 years Total return – 10 years
iShares Global Clean Energy ETF ICLN, +1.82% -18% 142% 166% 175% 128%
Invesco Solar ETF  TAN, +2.54% -16% 234% 289% 324% 103%
First Trust Nasdaq Clean Edge Green Energy Index Fund  QCLN, +2.65% -5% 184% 238% 351% 502%
ALPS Clean Energy ETF ACES, +2.05%   -12% 140% 184% N/A N/A
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index  GRID, +0.45% 21% 49% 100% 178% 292%

S&P 500 Index SPX, -0.00%   19% 18% 64% 124% 353%
S&P 500 Energy Sector  34% -34% -23% -10% 1%
Source: FactSet

Performance among these alternative energy ETFs is mixed, but for the three- and five-year periods, all handily beat the returns of the S&P 500 Index SPX, -0.00%.

Clean-energy stock screen

The five ETFs listed above hold a total of 204 stocks. To project the growth of revenue through 2023, we used calendar 2020 estimates among analysts polled by FactSet as a baseline and then looked at consensus estimates for the subsequent three years, if available. (The 2020 numbers are estimates, because many companies’ fiscal years don’t match the calendar.)

We emphasized revenue because many of these companies are at early stages and are focused on developing products and services and growing their businesses, rather than showing net income.

To ensure a quality set of estimates, we limited the group of companies to those covered by at least five analysts polled by FactSet. For a slight cut to risk, we also eliminated any company with less than $10 million in estimated revenue during calendar 2020. The available set of data brought the list down to 135 companies.

Here are the 20 companies projected to have the highest compound annual growth rates (CAGR) for revenue through calendar 2023:

Company Country Estimated revenue – 2020 Estimated revenue – 2021 Estimated revenue – 2022 Estimated revenue – 2023 Projected three-year revenue CAGR Held by
XPeng Inc. ADR Class A XPEV, +3.66% China $896 $2,488 $4,437 $6,810 96.6% QCLN
Meyer Burger Technology A.G. MBTN, +1.31% Switzerland $101 $111 $296 $521 73.0% ICLN, TAN
Nio Inc. ADR Class A NIO, +3.51% China $2,517 $5,457 $9,072 $12,902 72.4% QCLN
Solaria Energia y Medio Ambiente S.A. SLR, +1.92% Spain $70 $123 $222 $293 61.1% ICLN, TAN
Greenlane Renewables Inc. GRN, +2.55% Canada $18 $37 $50 $66 53.4% ACES
McPhy Energy S.A. MCPHY, -0.74% France $17 $17 $28 $59 53.2% ICLN
Xebec Adsorption Inc. XBC, -1.86% Canada $45 $94 $134 $156 51.6% ACES
Nel ASA NEL, +1.14% Norway $77 $104 $161 $253 48.7% ICLN
Renova Inc. 9519, -2.13% Japan $188 $257 $304 $591 46.5% ICLN, TAN
Niu Technologies ADR Class A NIU, +2.49% China $375 $625 $906 $1,155 45.6% QCLN
Shoals Technologies Group Inc. Class A SHLS, +2.51% U.S. $175 $237 $356 $525 44.1% ICLN, TAN, ACES
FuelCell Energy Inc. FCEL, +17.14% U.S. $71 $81 $133 $210 43.5% ICLN, QCLN
Sunnova Energy International Inc. NOVA, +5.78% U.S. $161 $237 $343 $465 42.4% ICLN, TAN, QCLN, ACES
Enphase Energy Inc. ENPH, +3.53% U.S. $774 $1,336 $1,796 $2,232 42.3% ICLN, TAN, QCLN, ACES, GRID
Flat Glass Group Co. Ltd. Class H 6865, +0.98% China $951 $1,424 $2,077 $2,730 42.1% ICLN, TAN
Aemetis Inc. AMTX, +2.91% U.S. $166 $223 $301 $470 41.5% ACES
Doosan Fuel Cell Co. Ltd. 336260, +0.30% South Korea $412 $424 $774 $1,145 40.6% ICLN
Grenergy Renovables S.A GRE, +1.43% Spain $122 $174 $258 $331 39.3% TAN
Tesla Inc. TSLA, +2.25% U.S. $31,536 $50,043 $67,624 $82,515 37.8% QCLN, ACES, GRID
Daqo New Energy Corp. ADR DQ, +4.90% China $676 $1,468 $1,574 $1,528 31.2% ICLN, TAN, QCLN
Source: FactSet

Click on the tickers for more about each company.

The following table includes price-to-earnings ratios based on current market capitalizations and consensus net income estimates for calendar 2022 (if they are more than zero) and price-to-sales ratios based on market caps and consensus revenue estimates for calendar 2022.

All numbers feeding the P/E and price-to-sales ratios are in U.S. dollars.

The table also includes summaries of analysts’ opinions about the stocks, with share prices and price targets in local currencies where the stocks are listed.

Company Price/ consensus 2022 earnings (if applicable) Price/ consensus 2022 revenue Share “buy” ratings Closing price – Aug. 6 Consensus price target  Implied 12-month upside potential
XPeng Inc. ADR Class A XPEV, +3.66% N/A 6.0 88% 41.22 48.89 19%
Meyer Burger Technology A.G. MBTN, +1.31% N/A 4.4 71% 0.44 0.60 36%
Nio Inc. ADR Class A NIO, +3.51% N/A 6.6 80% 43.84 59.10 35%
Solaria Energia y Medio Ambiente S.A. SLR, +1.92% 31.2 10.5 60% 15.90 21.08 33%
Greenlane Renewables Inc. GRN, +2.55% 75.7 3.6 100% 1.57 2.91 85%
McPhy Energy S.A. MCPHY, -0.74% N/A 18.8 67% 16.21 26.57 64%
Xebec Adsorption Inc. XBC, -1.86% 180.7 3.4 60% 3.77 5.36 42%
Nel ASA NEL, +1.14% N/A 15.2 56% 14.94 24.53 64%
Renova Inc. 9519, -2.13% 90.9 10.7 0% 4,595.00 3,678.00 -20%
Niu Technologies ADR Class A NIU, +2.49% 21.5 1.7 83% 23.55 38.61 64%
Shoals Technologies Group Inc. Class A SHLS, +2.51% 42.0 9.4 75% 32.72 40.92 25%
FuelCell Energy Inc. FCEL, +17.14% N/A 15.3 0% 6.33 8.13 28%
Sunnova Energy International Inc. NOVA, +5.78% N/A 11.7 88% 35.99 54.00 50%
Enphase Energy Inc. ENPH, +3.53% 99.1 13.5 64% 179.74 200.55 12%
Flat Glass Group Co. Ltd. Class H 6865, +0.98% 6.1 1.1 81% 41.00 33.60 -18%
Aemetis Inc. AMTX, +2.91% N/A 1.0 100% 9.27 30.50 229%
Doosan Fuel Cell Co. Ltd. 336260, +0.30% 58.8 3.7 100% 49,950.00 67,230.86 35%
Grenergy Renovables S.A GRE, +1.43% 21.7 3.6 100% 27.95 46.55 67%
Tesla Inc. TSLA, +2.25% 82.5 10.2 44% 699.10 694.96 -1%
Daqo New Energy Corp. ADR DQ, +4.90% 6.9 2.7 77% 58.15 108.65 87%
Source: FactSet

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Content: People 's Daily Online > > Economy and Technology
To help achieve the goal of "double carbon", a number of academicians have made suggestions -
Let clean low-carbon energy "unlimited scenery" (scientific and technological innovation to help "double carbon" ①)
Our reporter Yu Jianbin
September 13, 2021 05: 27 | Source: People's Daily - People's Daily
Small number
Wind turbines are running to generate electricity near the northern Gulf of Rongcheng, Shandong.
People's Vision
General Secretary Xi Jinping stressed at the ninth meeting of the Central Financial and Economic Committee that it is necessary to build a clean, low-carbon, safe and efficient energy system, control the total amount of fossil energy, focus on improving the utilization efficiency, implement renewable energy replacement actions, deepen the reform of the power system, and build a new power system with new energy as the main body.
China proposes to achieve the goal of carbon peak by 2030 and carbon neutrality by 2060, and make positive contributions to the global response to climate change.
The development of clean energy is an effective way to help achieve the goal of carbon peak and carbon neutrality.
How should we build a clean, low-carbon, safe and efficient energy system? How to build a new power system with new energy as the main body?
Not long ago, at the academic conference organized by the International Energy Economics Research Institute of the China Center for International Cultural Exchange, a number of academician experts actively suggested.
The "double carbon" goal promotes the construction of a clean, low-carbon, safe and efficient energy system, which will make our energy healthier, safer and higher quality.
Experts believe that making a commitment to the "double carbon" goal is a major event in China's economic and social development, which means that the energy transition has entered a new stage.
In the process of promoting energy restructuring and the development of clean energy, it is necessary to adhere to the national game and improve the integrity and synergy of the system, which includes coordinating various energy varieties, optimizing the overall development layout, and simultaneously promoting carbon emission reduction, non-fossil energy substitution and energy strategic reserve.
Du Xiangwan, an academician of the Chinese Academy of Engineering and deputy director of the Expert Advisory Committee of the State Energy Commission, believes that we should reduce carbon emissions, and at the same time, energy should not only maintain supply, but also have reasonable growth.
Low-carbon is not to reduce energy, but to allow the growth of per capita energy consumption to reach a high-quality development stage.
Low-carbon transition and energy security go hand in hand.
The important point of energy security is the security of supply and demand, and it is necessary to meet reasonable demand with scientific supply.
At present, China's energy supply, on the one hand, is fossil energy supply, and on the other hand, it must gradually rely on non-fossil energy supply.
China's solar energy, wind energy, renewable energy resources are currently developed less than 1 / 10, the use of renewable energy resources is China's independent controllable, which helps to improve the security of the energy system.
We should realize that the abundant non-fossil energy resources are also an important part of China's energy resource endowment.
Reunderstanding China's energy resource endowment is of directional and strategic significance for ensuring the country's long-term energy security and guiding the energy transformation.
Carbon peaking, carbon neutrality goals drive the energy transition, which will make our energy healthier, safer, and higher quality.
By the end of 2020, China's wind power and photovoltaic power generation installed capacity reached about 530 million kilowatts, accounting for 24% of the total installed capacity.
The future of new energy will still maintain the momentum of rapid development, is expected to wind power and solar power installed capacity of more than 1.2 billion kilowatts in 2030, the scale of more than coal power, become the main body of installed capacity; by 2060, the proportion of new energy power generation is expected to exceed 50%, become the main body of electricity.
Du Xiangyuan pointed out that China's electricity load is mainly in the eastern region, and to meet the demand for electricity consumption in the eastern region, we should use the combination of "taking from the side and from the far side" to develop renewable energy resources. "Taking from the side" refers to the development in the eastern region.
Compared with traditional fossil energy, the eastern part of China has abundant wind and light resources, which can be first considered through distributed photovoltaic, offshore wind power, biomass energy, garbage power generation and other ways to achieve near power generation and consumption; "far away" refers to the development of photovoltaic, wind power, hydropower in the west, and the use of Western electricity to supply the eastern electricity demand.
Yang Liangsong, president of the International Energy Economics Research Institute of the China International Cultural Exchange Center, believes that with the promotion of "carbon neutrality and carbon peak", the clean energy industry will be the main development direction of China's energy industry in the future.
In terms of light time and wind conditions in the northwest of China, the southwest region has unique advantages in hydropower resources, which is very suitable for the concentrated development of clean energy industries such as photovoltaic, wind power and hydropower.
From the perspective of the future energy strategy of the whole country, it is a more scientific way to take electricity demand from the east and take it from the far side.
Peng Suping, an academician of the Chinese Academy of Engineering and a member of the Expert Advisory Committee of the National Energy Commission, pointed out that the energy system is a systematic project.
At present, there are more high-carbon energy sources in China, and the future is to solve the problem of clean and low-carbon response.
In the next ten years, it should be the integration of traditional energy and new energy and hydrogen energy.
In the process of building a clean energy system, the sustained and rapid growth of clean energy is the foundation, scientific consumption and utilization is the premise, the development of energy storage is the focus, and the improvement of institutional mechanisms is the guarantee.
With the increasing proportion of renewable energy generation such as wind and light in the future, there is an urgent need to develop a new power system with new energy as the main body.
Data show that at present, China's energy industry carbon emissions accounted for more than 80% of the total national total, power industry carbon emissions in the energy industry accounted for more than 40%.
According to estimates, by 2060, China's direct electricity consumption accounts for 70% of the overall energy consumption, plus indirect electricity consumption, this proportion will reach 90%.
To achieve the goal of "double carbon", energy is the main battlefield, electricity is the main force, and vigorously develop new energy such as wind and solar energy is the key.
The construction of a new power system with new energy as the main body helps to ensure the realization of carbon peak and carbon neutrality goals.
Nuclear power, hydropower, wind power, photovoltaic and other clean energy, mainly through the grid to the end users.
Du Xiangwan believes that in the future, the energy transformation with new energy as the main body involves the energy system as a whole, and the power grid will play a key role in the consumption of the entire clean energy.
Therefore, while the wind and photoelectric installed capacity is greatly increased, whether it can output high-quality power that meets the balance of supply and demand is an urgent problem to be solved.
The development of photovoltaic and wind power has subverted the development disadvantage of insufficient energy resource endowment in China in the past, and the endowment basis for the development of traditional power systems is undergoing great changes, and the planning of new power systems should conform to the development trend of the times.
Tang Guangfu, academician of the Chinese Academy of Engineering and president of the Global Energy Internet Research Institute, said that from the perspective of energy supply, nearly 70% of the future energy will be replaced by renewable energy, among which clean energy such as water, nuclear energy, wind energy and solar energy must be converted into electricity to be used.
From the energy demand side, about 70% of the energy use scenarios will be electricity consumption, such as electric vehicles in the transportation industry.
Therefore, the power system will play a central role in the energy transition.
Considering the external dependence of China's oil and natural gas and the energy international environment we face, it is necessary to give full play to the central role of the power system in the energy transformation.
The current power system is dominated by stable thermal power generation, and China's renewable energy resource endowment is good, which is suitable for vigorously developing a clean energy system led by photovoltaic and wind power.
With the increasing proportion of renewable energy generation such as wind and light in the future, we urgently need to develop a new power system with new energy as the main body.
Li Licheng, an academician of the Chinese Academy of Engineering and chairman of the expert committee of China Southern Power Grid Corporation, believes that the new power system design needs to adapt to the dispersion of renewable energy resources such as wind and light, and has the characteristics of randomness and intermittency.
In the future, China's wind and photoelectric installed capacity is very large, and the power system will undergo fundamental changes.
To build a new power system with new energy as the main body, we need to fully consider these characteristics of new energy.
Tang Guangfu believes that the important characteristics of clean energy power generation represented by photovoltaic and wind power are volatility and intermittency, in order to vigorously develop clean low-carbon energy, the new power system needs to adapt to the characteristics and requirements of high proportion of clean energy power generation, and technology must highlight flexibility and flexibility.
On the one hand, China's future energy system with clean energy as the main body, with flexible adjustment capacity of coal and gas is an important means to compensate for wind power, photovoltaic intermittency, flexible power generation methods must need flexible power system as support; on the other hand, the flexibility of the power system is to promote flexible direct current as the representative of flexible transmission.
Compared with traditional methods, flexible DC technology is like a fully controllable water pump, which can accurately control the direction, speed and flow of water.
Through the flexible transformation of the power system, the regulation and control are more flexible, ensuring the safe and stable operation of the power grid, and being more suitable for large-scale access to clean energy.
Support the development of clean energy with national strategic scientific and technological forces, and encourage people to develop a lifestyle that meets the goal of "double carbon"
At present, the power generation capacity of clean energy has entered a period of rapid development.
At the same time, power electronics technology, digital technology and energy storage technology are driving the evolution of traditional power systems to a highly digital, clean and intelligent direction.
At present, energy storage is considered to be an important tool and key support to solve the instability of new energy power generation.
Han Yingduo, academician of the Chinese Academy of Engineering and professor of Tsinghua University, believes that the development of large-scale energy storage technology will fundamentally change the characteristics of traditional power systems that are ready to use.
At present, the electric energy storage cost is high, and the service life is short.
High-power power electronic technology solves the problem of UHV flexible DC remote transmission, and the development of flexible DC distribution network is more conducive to wind and photoelectric grid-connection, which greatly enhances the reliability of equipment and operation safety.
Tang Guangfu believes that the new power system needs to alleviate the demand for large-scale energy storage.
Due to technical and cost reasons, chemical energy storage can not meet the demand for large-scale grid-level energy storage.
The new power system needs to adopt flexible transmission and other technologies, and connect hundreds of kilometers or even thousands of kilometers of wind power, photovoltaic, hydropower, etc., through flexible direct current transmission, to achieve wind, light, and water power generation space-time complementarity and power grid indirect energy storage, to achieve stable output of electric energy.
In the future, hydrogen energy is also expected to become an important supporting technology for new power systems.
The new power system needs to develop energy storage, which can not only solve the problem of peak cutting and valley filling in the power grid, but also achieve cross-season and ultra-long time energy storage.
Tang Guangfu also pointed out that to achieve the goal of carbon peak and carbon neutrality, to build a high-quality, clean, low-carbon, safe, efficient and sustainable energy system, and to build a new power system with new energy as the main body, requires the broad participation of the whole society.
On the one hand, it is necessary to support the development of clean energy with national strategic scientific and technological forces, and on the other hand, it is necessary to encourage people to participate and gradually develop a lifestyle in line with the "double carbon" goal.
For example, people can use their mobile phones in the future to see how much fossil energy power is used in their homes in a year, and how much clean energy is used in their homes.
We should vigorously promote the significance of energy transformation, popularize new energy knowledge, and let people accept and actively support the use of clean and low-carbon energy.
People 's Daily (September 13, 2021, 19 edition)
(Editor: Bai Yu, Zhao Xinyue)
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Content: Dubai is on track to achieve carbon neutrality by 2050
T + T - normal size
The UAE is one of the leading countries in the world in the transition to clean and renewable energy, and ranked second globally in the energy transition in the Global Green Future Index 2023, and sixth in the rate of solar energy consumption per capita, which confirms the UAE ’ s commitment to sustainability standards under the visionary leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, UAE President and His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Ruler. Dubai, may Allah protect him, in the field of sustainability and global climate action.
The UAE has confirmed for nearly 10 years that it will celebrate the export of the last barrel of oil, because our economy is diverse, prosperous and sustainable, and our leadership plans for decades to come following the approach of the late Sheikh Zayed bin Sultan Al Nahyan to comprehensive and sustainable development, people-centered, and investment in natural resources and conservation.
The UAE set new standards for international cooperation by hosting the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in Expo City Dubai.
COP28 is the culmination of the landmark UAE Agreement, which marks an exceptional turning point in international climate action and strengthens the efforts of countries and international cooperation to accelerate the achievement of an orderly, just, responsible and rational transition in the energy sector and the transition to a non-conventional fuel energy system that contributes to climate neutrality.
Through DEWA ’ s participation as a key track partner in COP28, we helped introduce the world to DEWA ’ s major renewable and clean energy projects that are driving Dubai ’ s energy and water transformation, as well as DEWA ’ s efforts to leverage Fourth Industrial Revolution technologies, including IoT, artificial intelligence, nanosatellites and data analytics, to improve efficiency, predictive maintenance and customer services.
In line with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum to promote the transformation of the Emirate of Dubai to a carbon-neutral economy by 2050, and in line with Dubai ’ s firm commitment to sustainability, and to enhance its proactive role in shaping the future and actively supporting energy and climate change issues, the Dubai Future Energy Council conducted an in-depth study on how to achieve carbon neutrality by 2050 through a clear strategy and roadmap. Using the latest technologies in this field to include required investment and other possibilities, as well as modeling social and economic impact and opportunities.
With a detailed and well-established strategy and roadmap covering the energy, water, transport, industry, buildings and waste sectors over the next 30 years, we seek to expand the adoption of renewable and clean energy solutions and technologies and provide investment opportunities in the green economy.
The commitment of Dubai ’ s departments and institutions, led by DEWA, to achieve carbon neutrality by 2050 is reflected in major projects such as the Mohammed bin Rashid Al Maktoum Solar Park, the world ’ s largest single-site solar park. The emirate is on track to achieve the goals of Dubai Clean Energy Strategy 2050 and Dubai ’ s Carbon Neutrality Strategy 2050 to provide 100% of its energy production capacity from clean energy sources by 2050.
Dubai ’ s clean energy capacity is expected to reach 27 per cent by 2030, exceeding the target of 25 per cent by 2030. One ambitious project that demonstrates our commitment to using clean technologies to reduce environmental impact is the Hasyan desalination plant, which will be the world ’ s largest reverse osmosis and solar-powered desalination plant.
According to DEWA ’ s strategy, 100% of Dubai ’ s desalinated water production in 2030 will come from a clean energy mix, which will make the emirate exceed the global target for the use of clean energy in desalination. Increasing the operational efficiency of separating desalination from electricity production will save approximately AED 13 billion by 2030 while reducing 44 million tonnes of carbon emissions.
In Dubai, we stopped launching any new fossil fuel energy projects several years ago, limited the new desalination projects to reverse osmosis technology using clean energy, and raised the fuel efficiency of major production units to about 90% at the best global level.
The Hasyan Reverse Osmosis Seawater Desalination Complex, the largest of its kind in the world for solar desalination, underscores our commitment to sustainability, as reverse osmosis plants consume less energy than other desalination technologies, which means lower operational costs and reduced emissions and environmental impacts.
The strategic shift to the Independent Water and Energy Producer (IWPP) model and enhanced partnership with the private sector have attracted more than AED 43 billion in investments. DEWA and Dubai Municipality have signed an agreement for a biogas landfill power generation project in Muhaisnah 5, enhancing Dubai ’ s pioneering sustainability practices and accelerating the achievement of the UAE Climate Neutrality Strategy by 2050.
DEWA ’ s various initiatives, including the Innovation Centre and the Research and Development Centre at the Mohammed bin Rashid Al Maktoum Solar Park, underscore DEWA ’ s commitment to innovation and adoption of Fourth Industrial Revolution technologies. The focus on developing solar technologies, improving the efficiency of solar photovoltaic plants, and addressing intermittent solar energy production through various storage solutions, reflects our efforts to overcome challenges in the renewable energy sector.
As we enter a new year, we are optimistic and positive, and pledge our leadership to continue to work on pioneering projects to diversify energy sources and achieve competitive results at the global level, and to strengthen Dubai ’ s position as a global center for sustainability and the green economy, supporting the UAE ’ s efforts to advance the global sustainability agenda and stimulate sustainable economic and human development to ensure a brighter and more sustainable future for us and future generations to come.
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Content: Is solar power the answer to climate change?

Considering the global economy’s dependency on fossil fuels, experts believe that solar power could be the answer to countering climate change.
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Regardless of what contrarians think, climate change is real and happening right now.

The long-term impacts are scary – soaring temperatures, increasing precipitation, unprecedented heatwaves, and extreme natural calamities. However, we don’t need to wait for another 50 years to understand climate change, as most of us are reeling under it right now. Think of the rising cost of vegetables and fruits, the reduced nutritional value of most foods, change in season and weather patterns, and sinking glaciers.

As the global leaders work their way to adopting new practices to counter climate change, it’s time to embrace alternative ideas. Considering the global economy’s dependency on fossil fuels, experts believe that solar power could be the answer to countering climate change, at least to a considerable extent.

Reduced impact of harvesting solar energy

It is no secret that the extraction of fossil fuels is expensive and has a huge impact on the environment. Also, these fuels need to burn in order to produce power or energy, which itself is a massive concern. Just by shifting the focus on solar, it is possible to minimise the dependency on fossil fuels, which are anyway limited in resources.

Harvesting solar energy is all about space and weather – cities that have an ample number of sunny days can have solar panels everywhere. These solar panels can be installed over buildings, unused lands, and even water bodies. In fact, floating solar plants are likely to be a model for the future in many countries.

No more degradation of the land

Extraction of fossil fuels involves drilling deep underground wells, which has a consequential impact on the environment. Oil and petroleum companies rely on extreme methods, including the injection of gases and chemicals into the reservoirs, to maximise production.

The emission of greenhouse gases remains a concern, and the contribution of energy production is more than 25 percent as per the US Environmental Protection Agency.

Solar panels have an extended life span

Solar power systems have an average life span of 25 years. In other words, when you install solar panels for your home, you are reducing your dependency on coal for more than two decades. Coal, as we all know, remains the key source of energy production for commercial and domestic use.

There are almost two tons of greenhouse gases (primarily carbon dioxide) produced for each ton of coal used. Solar panels produce clean energy, which unmistakably is better, and in the long run, this switch will eventually benefit local ecosystems.

Minimising the release of toxic waste

It is no secret that industrialisation and energy production leads to the production of toxic waste, and tons of these pollutants and toxic waste end up in water resources, landfills, and abandoned sites. Dumping facilities in many big cities worldwide are in a pathetic state, and people living around these areas are dealing with unusual diseases, allergies, and health concerns.

The only way to reduce toxic waste is to increase the focus and use of clean energy sources. Solar energy, just like geothermal and wind energy, can be harvested without additional toxic waste concerns.

In other words, we can minimise the damage caused to our land and water resources, which are already grappling with effects triggered by climate change.

Reducing greenhouse gas emissions sustainably

Let’s get real. Global energy requirements are increasing massively, and with that, corporate giants and oil companies are investing hugely to intensify the production of fossil fuels. This, in turn, is increasing greenhouse gas emissions, which remains the key concern in triggering climate change.

Experts agree that reversing the damage could take considerable time, but it has to start with a sustained reduction of CO2 gases. Solar energy paves the way for that, at least in many countries that have the scope to harness this cleaner form of energy.

Mass production, better reach

There has been an inside battle between the use and efficiency of cleaner energies. While wind and geothermal are potential resources, the commercial use of these energies has been limited so far, primarily because of limited scope.

On the contrary, the production of solar energy is beyond the nascent stage right now. In countries like India, domestic solar players have made it possible to invest in solar PV panels and components at affordable prices.

No wonder, the use of solar energy has increased manifold for both domestic and commercial requirements, and this could be the ideal step ahead for countering climate change.

A sustainable approach for the future

Global leaders are pledging their support to come up with solutions to reverse climate change, but it is a long path ahead. Not everyone is Greta Thunberg, but it is time to minimise our carbon footprint, for which each step would matter. The minimal thing we can do is reduce overall power consumption and focus more on using energy resources that wouldn’t be as detrimental to the planet. Fortunately, solar power ticks all the right boxes.

Edited by Teja Lele Desai

(Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views of YourStory.)

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Content: Beyond oil and gas - a new alliance for a greener world

Costa Rica and Denmark are part of a network of governments targeting the supply side of climate action by phasing out fossil fuel exploration and extraction.

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The science is clear - if we are to achieve the goals of the Paris Agreement on climate change, we need to end the era of fossil fuels.

This is why Costa Rica and Denmark are building an alliance of national and sub-national governments willing to ensure green energy transitions.

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Title:

Content: Energy transition theme investment at the time
The development of new and alternative energy sources is the driving force for a sustainable world. It is an irreversible trend that energy transformation leads to social change. From long-term investment themes to policy ignition, from industrial chain to infrastructure, from carbon tax to global cooperation, it is now a good time to invest in related topics.
Alex Monk, equity fund manager at Schroder Global Energy Transformation, pointed out that in view of the environment of energy transformation, personal financial allocation can not be left out of the way, and it is the right time to choose the theme of energy transformation in the perspective of sustainable investment.
Observing energy transformation focuses on two major factors, one is that this investment theme is a long-term investment theme that ignites policy, and the long-term valuation of energy transformation stocks has improved, which is very attractive; the second is that due to the long-term surplus and cash flow characteristics of the global energy transformation market, surplus growth is expected to continue to be strong, and long-term investment, surplus and cash flow growth prospects are unprecedented.
The European Union does not want to repeat the energy crisis of the Russian-Ukrainian war, to accelerate the energy transformation plan, the European Union recovery (REPowerEU project) fund a set of plans, it is estimated that the next ten years the EU will significantly expand solar and wind and other renewable energy, for the energy transformation theme of investment into a shot.
In recent months, countries have taken great strides in carbon reduction policies. The EU has decided to levy a carbon tax on imported goods since 2026. Taiwan is also expected to levy a carbon fee in 2024. The first wave of carbon charges will be included in direct carbon emission. In the future, low-carbon standards for enterprises will be the same as the order level. Select the long-term layout of green industry with national policy support. Under the 2050 global net zero carbon emission target, clean energy, energy storage equipment, green transportation, etc., can be included as long-term allocation topics, and multi-faceted grasp of carbon neutral business opportunities.
Wang Biying, chief product officer of Allianz Investment, believes that the global market is undergoing profound changes, challenging the traditional investment framework, participating in sustainable development and mastering the trend, will become a key factor in future commodity planning, and continue to promote sustainable investment scale under various policies and infrastructure needs.
Zhang Yilin, the proposed manager of Taiwan ESG Low Carbon High Interest 40 ETF Fund, expects that this year, the world is still facing headwinds and industrial inventories are not as good as expected, and Taiwan stock ETFs with high interest, ESG and low carbon advantages will help diversify investment risks.

This shift represents not only an environmental imperative but also an economic necessity as nations seek to diversify their economies and reduce dependence on hydrocarbon revenues.

Title:

Content: Russia is actively working to transition to a low-carbon economy, Russian President Vladimir Putin said on September 30 at the plenary session of the XVII Forum of Interregional Cooperation between Russia and Kazakhstan.
Daria Antonova IA REGNUM
Vladimir Putin
Putin spoke about the prospects for the transition to a new energy structure, which implies a reduction in the use of hydrocarbon fuels and accelerated decarbonization of the economy.
According to him, such tasks require the joint efforts of various authorities.
I would like to take this opportunity to note that Russia is actively working to create conditions for the transition to a low-carbon economy.
Thus, we have adopted a federal law that establishes the basic mechanisms of climate regulation.
A road map for decarbonization of the economy is also being developed with the aim that all Russian regions will be connected to its implementation, ” the president said.
He noted that they will take into account the social and economic realities of the subjects.

Title:

Content: MOSCOW, 20 Sep — PRIME.
Russian Prime Minister Mikhail Mishustin said that it is necessary to prepare for a phased reduction in the use of oil and gas, to develop alternative energy.
"We need to prepare for a phased reduction in the use of traditional fuels: oil, gas, coal.
Increase energy efficiency.
Develop alternative energy.
Build the appropriate infrastructure, ” he said at a meeting with Deputy Prime Ministers.
Mishustin noted that the world economy is aimed at a gradual transition to low-carbon energy, "and this is a new reality."
The Prime Minister also said that the government is preparing a consolidated action plan to adapt the Russian economy to the global energy transition, to supervise the issues of decarbonization in the Cabinet will be First Deputy Prime Minister Andrei Belousov.
At a meeting with the Deputy Prime Ministers, he outlined the challenges associated with climate change as an important topic, indicating that the President of the Russian Federation in his message to the Parliament paid special attention to this.
The world economy is aimed at a gradual transition to low-carbon energy, and Russia needs to prepare for a phased reduction in the use of oil, gas and coal, develop alternative energy, Mishustin said.
"By the end of the year, a consolidated action plan for adapting the Russian economy to the global energy transition should be developed and approved.
All relevant instructions have been signed, and special working groups will be created in the government in key areas of preparing the economy for low-carbon development.
They will be supervised by deputy prime ministers, general coordination will be carried out by First Deputy Prime Minister Andrei Belousov, "the prime minister said.

Title:

Content: October 27, 2022

THAT'LL DO NICELY:

When wind and solar replace fossil fuels, we will use less energy, save money, and won't be as sick (Giles Parkinson 28 October 2022, Renew Economy)

How can we possibly power a modern economy with renewables? It's an oft repeated question amplified by the fossil fuel industry. But the reality is that in a world largely powered by wind and solar, where most things are "electrified", we won't need as much energy.

This is not new news, but it's worth repeating because it is often forgotten. A new report from Accenture, studying the proposed rapid shift to renewables in Australia over the next two decades, puts this into perspective.

It notes that despite a near 50 per cent increase in demand as the world shifts to electric vehicles and electric appliances in the home, total energy consumption will actually decline, because new technologies are vastly more efficient.

And, it adds, it's not just energy we will be saving through the shift to wind, solar and storage, but money and health outcomes.

The fossil fuel economy is heating our climate, but it is also killing us, slowly, through pollution, and in our homes, at a cost of at least $4 billion a year in Australia alone, and likely much more. But we rarely talk about it.

Posted by at October 27, 2022 8:36 PM

« ACCOUNTABILITY IS THE HEALTH OF THE REPUBLIC: | Main

## Saudi Arabia's Vision 2030 and Energy Transformation

Saudi Arabia's Vision 2030, launched on April 25, 2016, serves as a cornerstone of the kingdom's energy transition strategy.

Title:

Content: Vision 2030
Energy in Saudi Arabia 8 years after the launch of the vision
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The 25th of April is the date of the launch of the Saudi Vision 2030. If we compare the vision to a journey, we have successfully completed the take-off phase with economic reforms and structural changes to achieve the vision ’ s goals and strategies. We will start the gradual decline phase to complete the vision in record time.
I was invited and had the privilege of attending on this historic day, and we do not forget what Crown Prince Mohammed bin Salman said when he presented us with the vision of the present for the future, a vision that reflects the aspirations of all of us and reflects the capabilities of our country, and it became clear that many achievements and successes have been achieved after 8 years of its launch and even before the arrival of 2030.
Saudi Vision 2030 focused on preparing the Kingdom to assume its position in the world of tomorrow as one of the strongest economies in the world, and do not forget the “treatment of oil addiction ”, which was said by His Highness Crown Prince Mohammed bin Salman and we saw it on the ground as a result of efforts launched eight years ago.
With the implementation of the goals of Vision 2030 and the economic correction to reduce dependence on oil as the only source of income, our ambitious vision came with achievements on the ground that qualify us to progress among the 20 strongest economies in the world.
The Kingdom ’ s budget came after the dawn of the vision of a gradually less reliance on oil and prevention of price fluctuations, where reliance on oil price estimates was mainly when estimating financial budgets previously.
Non-oil revenues are the treatment prescribed by His Highness the Crown Prince for the treatment of oil addiction, after the launch of Vision 2030, some ministries and government bodies were restructured in line with the objectives and strategies of this vision.
Indeed, we have seen oil prices decline to negative during the peak of the pandemic, underscoring the crown prince ’ s vision that we cannot rely on a single source of income and must diversify economically.
Non-oil activities in Saudi Arabia during 2023 recorded their highest contribution to the Saudi GDP ever at 50%, based on data from the Ministry of Economy and Planning issued by the General Authority for Statistics, which reflects the success of achieving comprehensive economic reforms on the ground.
– Achievements of the energy sector in Saudi Arabia eight years after the launch of the Kingdom ’ s Vision 2030
With the Kingdom ’ s Vision 2030 leaps in quality, structural changes and enhanced transparency, there is an unprecedented awareness among citizens, who have gone from being recipients of energy information to participating in its dialogues. This shift is in the interest of the sector as the global energy media no longer plays the main role in broadcasting their ideological agendas without resistance or analysis.
Since the establishment of the Ministry of Petroleum and Mineral Resources in the Kingdom of Saudi Arabia in 1960, HRH Prince Abdulaziz bin Salman, since assuming the Ministry of Energy on September 8, 2019, has achieved great achievements and even turned the challenges into historic achievements:
* * Turning the September 14, 2019 attacks on the Abqaiq and Khurais oil facilities from disasters to achievements, after the return of production in record time stunned the world, with the sustainability of oil prices regardless of the largest attack on oil facilities in history.
* * Agreement on the return of production from the divided zone with Kuwait
* * Announcement of the development of the giant Jafoura gas field
* * Agreement to start the implementation of the electricity interconnection project with some neighboring countries
Opec Plus led to biggest production cut in history
The kingdom has saved the world economy in dire straits after leading OPEC and non-OPEC producers to agree on the biggest oil production cut in history and the OPEC + agreement is about to enter its ninth year in a row.
The Kingdom led OPEC + producers to agree on the largest production cut in the history of oil production by reducing 9.7 million barrels per day to absorb the biggest shock of the decline in demand for oil and its derivatives due to the impact of the Coronavirus outbreak to respond quickly to market changes and the decline in global oil demand due to the outbreak of Coronavirus and the need to contain the largest demand shock.
* * Historic success of Saudi Aramco, the world ’ s largest integrated energy company
Four years since Aramco ’ s launch at the end of 2019 have been among the files covered by the Vision ’ s reforms, and this goes beyond the materialistic perspective – which many believe – given the Kingdom ’ s position as the most reliable supplier of oil and the key factor for the stability of the global economy.
Despite the systematic external media attack against the Saudi Aramco IPO and the unfair evaluation of its market value over three years before the IPO, the Saudi Aramco IPO succeeded and achieved this vision and strategy and the vision of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman at the stage where the IPO is considered appropriate.
The inclusion of the vision reforms to introduce a small part of “Saudi Aramco ” came at a pivotal time needed by the company to secure its future because it is no longer an isolated system from its external environment and far from continuous monitoring and evaluation, and finally opened the black box as promised by His Highness the Crown Prince.
The launch of a small part of Saudi Aramco came to ensure the sustainability of this giant with the required vitality and efficiency, and this can only be achieved by appearing as a normal commercial company with announced financial statements and a professional management leadership fully aware that there are those who follow them accurately, and an independent board of directors and a public association evaluate and follow up.
Aramco is the most profitable and the least lost during the pandemic
In 2020, IOCs suffered heavy losses that affected future investment in infrastructure by reducing capital spending for exploration and exploration, but this was not the case for Saudi Aramco, which kept infrastructure investments going for key projects.
Aramco ’ s exceptional financial performance is clearly reflected in the fact that Aramco ’ s investors are the safest not only in normal times, but also in crises, after Saudi Arabia proved to be exceptional in crises.
The company has shown similar resilience in recovering from the impact of the COVID-19 pandemic, which has had a catastrophic impact on the energy sector and the global economy.
Amid sharp price fluctuations, its stock remained remarkably stable.
Construction of the world ’ s largest hydrogen plant in NEOM
This will be the world ’ s largest utility-scale commercial facility powered by renewable energy to produce ammonia, green hydrogen, solar and wind energy sources, producing 100% clean energy to power NEOM, not only to reach zero carbon emissions, but also to achieve a circular economy.
Also from the achievements of energy after the launch of the vision:
Saudi Arabia ’ s Realism of Leading the World with Effective Theses of Climate Change
The Kingdom has always been known for its honorable positions and realistic solutions that take into account the interests of all. Unlike the fallacious and unrealistic road map towards zero neutrality developed by the International Energy Agency and adopted by some leaders of industrialized countries without any realism and by placing obstacles to all fossil energy sources, Saudi Arabia has moved in the field of climate change and emissions reduction with a diversified model of energy sources of oil, gas, wind, solar and hydrogen. Other countries have all this diversity of energy sources such as the Kingdom.
Saudi Arabia ’ s initiatives are developing technologies to achieve zero neutrality by 2060 – the initiative launched by His Highness the Crown Prince comes to protect the climate and the environment, which must be taken seriously at UN climate change conferences.
At a time when climate change theorists and fossil fuel demonizers have raised issues of environmental pollution and addressed global warming with unrealistic studies to reduce emissions by simply launching worthless slogans, the Kingdom has introduced real initiatives that began to impact in many regions of the Kingdom even before the launch of the Saudi Green Initiative, through a circular carbon economy with a commitment to adapt to future local, regional and global energy needs.
The Kingdom is beginning a more serious phase in working with the international community to protect the planet and face climate change, culminating in the Green Middle East Summit, which was the first to work in the fight against climate change by contributing to the purification of the lung of the world, which no one has provided effective solutions to purify it, while the Green Saudi Forum came with a package of realistic targets.
The World Economic Forum has defined “energy poverty ” as the inability to access sustainable modern energy services and products.
Saudi Arabia is focusing on the importance of finding realistic solutions to combat “energy poverty, ” an approach we don ’ t hear from major industrialized countries, especially those battling fossil fuels.
The term “energy poverty ” means the lack of access to adequate, affordable, reliable and safe sources of energy to support development.
Insufficient energy means the impossibility of developing agriculture and industrialization, thus keeping poorer countries trapped in a vicious cycle, contributing to malnutrition, unhealthy living conditions, and limited access to education and employment.
Saudi Arabia emphasizes the importance of combating “energy poverty, ” an approach we do not hear from the major industrialized countries, as insufficient energy means that it is impossible to develop agriculture and industry, thus keeping the poorest countries trapped in a vicious cycle of poverty and hunger.
Eliminating fossil fuels requires flexible thinking rather than a one-size-fits-all approach, the goal being to balance sustainable development with the needs of each economy, while unifying the goal should focus on reducing emissions rather than eliminating fossil fuels.
States also have the right to choose the methodology that suits their capabilities and interests, which is a realistic approach because each State has its own circumstances, and what works for one State may not work for another.
Driven by population growth, especially in the Middle East, Africa and Asia, the solution is not to stop using hydrocarbon resources and fighting oil, but through the application of carbon recycling strategies and techniques, thus providing a global approach to international policies in relation to all economies, including developing ones.
* Quoted from the Saudi newspaper "Mal".
Disclaimer: All published articles represent the opinion of their authors only.
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The Minister of Energy, Prince Abdulaziz bin Salman, stressed the importance of unifying efforts to implement the Framework Convention on Climate Change and the Paris Agreement, taking into account the principle of common and differentiated responsibilities among countries, in his speech during the Conference of the Parties to Climate Change in Glasgow, hosted by the United Kingdom.
He announced that Saudi Arabia has increased its national contribution by reducing emissions by 278 million tons annually by 2030, in addition to the Kingdom's desire to join the global methane pledge, which aims to reduce global methane emissions by 30% from 2020 levels.
He explained that the details of more than 53 initiatives adopted by the Kingdom, the volume of investments in which exceeds $185 billion, including access to renewable energy to a 50% share of the production capacity of the electricity mix.

This ambitious plan aims to transform Saudi Arabia into one of the world's strongest economies while reducing its dependence on oil as a sole source of income.

After eight years of implementation, significant progress has been made in reshaping the energy

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Content: NEWS
08 / 25 / 2021 20: 31
Rubric: Society
Named the conditions for carbon neutrality of Russia by 2050
To overtake the EU in reducing greenhouse gas emissions and achieve carbon neutrality, Russia by 2050 will need to rebuild the economy, introduce effective technologies, increase the share of electricity generated at nuclear power plants, hydropower plants and renewable sources, as well as increase the absorption of carbon by forests.
This provides for the strategy of socio-economic development with low greenhouse gas emissions until 2025, prepared by the Ministry of Economic Development.
The document (available to the "WG") after the completion of all the necessary procedures will be submitted to the government, the ministry said.
To provide for the reduction by 2050 of the accumulated volume of greenhouse gas emissions to lower rates than in the European Union, instructed the government of President Vladimir Putin.
The deadline for submission of the report expires on 15 September.
The developed strategy considers four options: inertial, basic, intensive and aggressive.
Only two of them will allow the country to achieve carbon neutrality: intensive by 2060, aggressive - by 2050, the Ministry of Economic Development noted.
This is due to the need to use expensive technologies to decarbonize carbon-intensive industries, radically change the structure of electricity generation - to replace coal and gas generating capacities with nuclear and hydroelectric power plants.
In addition, the aggressive option involves increasing the absorptive capacity of natural ecosystems by 2-2.5 billion tons of carbon dioxide equivalent per year.
The inertial scenario assumes that all the measures already taken to decarbonize the economy will continue to operate.
In this case, the task to reduce the accumulated volume of emissions by 2050 will not be fulfilled, according to the Ministry of Economic Development.
At the same time, by 2030, the volume of hydrogen production from oil and natural gas will reach 2-12 million tons, its supplies for export will allow to receive additional revenues from international trade.
At the same time, risks will be reduced due to a possible reduction in demand for domestic hydrocarbon resources.
The basic scenario - which is considered by the Ministry of Economic Development as the main one - provides lower values of the net greenhouse gas emissions accumulated until 2050 compared to the European Union, but does not allow achieving carbon neutrality by this time.
However, by 2030, emissions will not exceed 70% of 1990 levels.
This scenario involves the issuance of carbon units, the development of hydrogen energy, precision agriculture, the creation of a system for monitoring the absorption capacity of natural ecosystems.
Electricity consumption in the country will grow to 1,480 billion kWh by 2050.
The share of thermal generation will decrease to 53%, hydrogeneration to 17%, and nuclear generation to 24%.
The total carbon intensity of the energy sector will be reduced by 28% compared to the level of 2019 due to the commissioning of new generating capacities, 90% of which will not emit carbon.
An intensive scenario will only achieve carbon neutrality by 2060.
The volume of investments for its implementation is 2.5-4 times higher than the amount needed to implement the baseline scenario.
The money will be used to realize the available potential to reduce emissions and increase the absorption of greenhouse gases.
73% of electricity will be generated by nuclear power plants, hydropower plants and renewable energy stations.
By 2050, it will be necessary to put into operation 280 GW of new generating capacity, the authors of the strategy calculated.
This is two to three times more than is necessary for the implementation of the basic and intensive scenario.
The transformation of energy will reduce the carbon intensity of electricity generation by 45% compared to the level of 2019.
In addition, a fundamental restructuring of all sectors of the economy will be required.
The aggressive option, which allows achieving carbon neutrality by 2050, assumes a higher rate of all industry transformations, and at the same time - large-scale investments in natural capital.
They will increase the absorption capacity of ecosystems by 2-2.5 billion tons of carbon dioxide equivalent per year.
The implementation of an aggressive version of the scenario will cost as much as an intensive one.
"Taking into account the planning horizons outlined in the strategy, it will obviously be its periodic adjustments, - said the head of the Russian Ecological Society Rashid Ismailov. - This will allow managing emerging risks, for example, the deficit of green investments.
In addition, we need to strengthen the negotiating position in the dialogue with international institutions to verify our climate achievements. ”
In general, Ismailov considers such a strategy a bid for leadership.
But for the global effects of CO2 reduction on the entire planet, a consolidated position and synchronization of measures of all key issuers are needed, he is sure.
Alexey Kokorin, Director of the Climate and Energy Program of WWF Russia, called the strategy a very modest step in the right direction.
In his opinion, the main should be not the basic, but the intensive scenario.
In addition, according to him, the absorption capacity of ecosystems over the previous 10 years has decreased by 10%.
If this trend continues, it will be difficult to implement the provisions of the strategy.
"The strategy in 5-10 years will have to be rewritten, - Alexei Kokorin believes. - The climate is changing, these problems cannot be brushed aside, it is important to prepare in advance for inevitable changes in the economy so that in the changed conditions Russia can continue to develop."
The Ministry of Economic Development emphasizes that the preparation of the strategy took into account the global challenges associated with climate change, global energy transition and the emergence of systems of transboundary carbon regulation.
Society Ecology Government of the Ministry of Economic Development

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Content: Global changes taking place in the world economy will be taken into account in the implementation of one of the most important national projects “Ecology ”.
In order to fulfill its main goal - environmental protection, while ensuring comfortable living for citizens, efforts are needed in many areas: clean water and air, recycling of various waste, the introduction of green technologies, the preservation of protected areas - all this is impossible without modern technologies and professional personnel.
Ecology
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Discussion of new strategies to achieve the goals of the national project "Ecology" in the context of global economic restructuring took place on March 16-18 at the Skolkovo Technopark at the III International Forum-Exhibition "Clean Country".
It was noted that all initiated programs will continue.
Forum as a platform for discussion
The event was attended by more than 3.5 thousand people from all regions of the country.
Almost 40 panel discussions devoted to various environmental initiatives that are being implemented under the national project “Ecology ” were held at the venue of the forum-exhibition.
First Deputy Minister of Natural Resources and Environment of the Russian Federation Konstantin Tsyganov, Chairman of the Committee on Agrarian and Food Policy and Environmental Management of the Federation Council Alexey Mayorov, Member of the Board of the Russian Union of Industrialists and Entrepreneurs Igor Nechaev, Chairman of the Public Expert Council of the National Project “Ecology ” Rashid Ismailov, Chairman of the Commission of the Civic Chamber of the Russian Federation Natalia Pochinok, as well as Nicky.
The forum traditionally heard opinions on a number of acute environmental problems, such as the elimination of accumulated damage, the cleaning of the Arctic, the creation of carbon polygons in Russia and the environmental modernization of industrial enterprises.
Clean Air: New Projects and Options for Import Substitution
First Deputy Minister of Natural Resources and Environment of the Russian Federation Konstantin Tsyganov emphasized the importance of the federal Clean Air project.
Clean Air is one of the most important and large-scale federal projects, and despite the current situation in the world, we do not intend to stop there.
All the investments that have been invested in environmental modernization are not in vain and will not be lost!
All the programs started continue, ” the deputy minister stressed.
Within the framework of the federal project “Clean Air ” of the national project“ Ecology ”, the level of pollutant content in 12 largest industrial centers is reduced by means of modernization of production facilities.
These are the cities of Bratsk, Krasnoyarsk, Lipetsk, Magnitogorsk, Mednogorsk, Nizhny Tagil, Novokuznetsk, Norilsk, Omsk, Chelyabinsk, Cherepovets and Chita.
Representatives of industrial companies told about the implementation of the initiative.
RUSAL, one of the world ’ s largest aluminum producers, presented a report on the progress and results of programs implemented under the national project since 2019.
In the federal project "Clean Air" involved three enterprises of the company - Krasnoyarsk, Bratsky and Novokuznetsk aluminum plants.
The technologies that are introduced at these enterprises allow to reduce emissions of fluorides and benzapyrene.
The oil company Gazprom Neft presented a project for the development of automated air monitoring systems, which are already operating at the company ’ s refineries in Omsk and Moscow.
“We have accumulated a wealth of experience, including in matters of import substitution, and we are ready to openly share it, ” said Eduard Sharafutdinov, Head of the Gazprom Neft Production Safety Department.
New projects to reduce emissions into the atmosphere for the period from 2022 to 2024 were presented by EVRAZ NTMK.
The metallurgical plant will begin to reduce emissions of sulfur oxide, as well as specific emissions of coke production.
One of the key topics of discussion was the circular economy.
New industrial waste management system
Experts discussed the new system of industrial waste management FGIS OPVC, it began to operate on March 1 this year.
The system developed by the Federal Environmental Operator (a subsidiary of Rosatom State Corporation) within the framework of the Ecology national project coordinates all market participants in a single window mode.
“To date, more than 18 thousand users from 85 regions have registered in the system.
We try to respond sensitively to the needs of market participants and representatives of the public, together find the best ways to solve any problems that arise, ” said Inessa Fedorchuk, Head of the Department for Environmental Projects at Rosatom State Corporation.
The Federal State Information System for Accounting and Control of Class I and II Waste Management (FGIS OPVK) unites waste generators from various industries, transport companies and waste processing enterprises.
Now FGIS OPVC operates in a regular mode, provides round-the-clock technical support for users.
“Today we can see the results of many years of neglect to the problem of abandoned industrial waste.
There are no modern processing facilities in the country, and statistical reporting is declarative.
The state is forced to spend significant funds on the elimination of objects of accumulated environmental damage.
The new waste management system of I and II classes will solve this problem, ” said Elena Sharoykina, Chairman of the Commission on Ecology and Environmental Protection of the Civic Chamber of Russia.
Alexey Mayorov, Chairman of the Committee on Agrarian and Food Policy and Environmental Management of the Federation Council, stressed that the Federation Council, as a legislative body and as a chamber of regions, keeps all the issues previously stated by the eco-agenda under constant control.
Senators want their cities to be clean and people ’ s quality of life to improve.
“Environmental friendliness is a requirement of the time.
The state dictates new rules for dealing with hazardous waste.
We, as a large business, understand our responsibility for the environmental safety of economic activities, intend to become key participants in the new waste management system of I and II classes and work with Rosatom State Corporation, which has the image of a reliable partner, ” said Yuri Maksimenko, Deputy Chairman of the RSPP Committee on Ecology and Environmental Management.
Who will help the national project "Ecology"?
During the discussion, the experts also discussed the training of personnel for the developing industry of industrial ecology.
The scientific and educational Consortium "EcoTechnologies" was presented at the site: its participants announced the creation of a special network educational program aimed at training personnel for the implementation of the tasks of the national project "Ecology".
According to Andrey Lebedev, Director of the direction for the implementation of state and sectoral programs in the field of ecology of Rosatom, issues related to ecology and care for the environment are gradually beginning to enter the agenda of most countries of the world.
Implementation of large-scale projects is impossible without modern technologies and professional staff
“The development of a new industry always requires professional personnel, technologies and developed infrastructure, ” said Alexander Mazhuga, First Deputy Chairman of the State Duma Committee on Science and Higher Education,“ I would like to highlight the example of the work of the Consortium “Advanced EcoTechnologies ”, whose projects are aimed not only at training highly professional specialists, but also the development of new technological solutions. ”
Among the popular professions were such specialties as industrial ecologist, engineer, chemist and IT specialist for data analysis.
Training will be carried out with the assistance of the leading universities of the country, they have already announced their readiness to participate in the creation of a network educational program.
“Future specialists engaged in this field should have knowledge in the chemical industry and related industries, skills of environmental and economic analysis, ” said Ilya Vorotyntsev, Acting Rector of the Russian Chemical Technological University named after D.I. Mendeleev.
According to him, the profession of an industrial ecologist guarantees the demand for a specialist.
“Our task is to create a personnel reserve of professionals who are able to solve non-standard problems in the environment, build the future of our country and contribute to its development, ” said Ilya Vorotyntsev.
Environmental Wealth: Preserving and Increasing
Advisor to the head of the Federal Agency for Youth Affairs Anton Titsky stressed the importance of attracting young people to environmental problems.
“Year by year, the number of children who show interest in working on the preservation of the national ecological wealth and the tasks of waste processing is growing, ” he said.
Chairman of the Russian Ecological Society Rashid Ismailov noted the need for the principle of openness in the implementation of measures of the national project “Ecology ”.
He called on regional authorities to ensure the availability and clarity of environmental data for citizens, to build effective communication to receive feedback from people, and industrialists to provide access to production for members of the public.
The expert also stressed the importance of mandatory public verification, expert assessment of management decisions in the field of ecology and, most importantly, the need to support the industrial sector in the current economic conditions.
“We cannot allow zeroing of the ecological development of the country, ” Ismailov said.
As reported by IA REGNUM, the work on the national project "Ecology", aimed at environmental protection, is carried out in the following areas: utilization and processing of waste, elimination of landfills, conservation of forests and reservoirs, reduction of emissions into the atmosphere, development of ecological tourism and environmental education, conservation of biological diversity.