Energy experts confident Saudi will meet its net-zero carbon emission by 2060
Decarbonising energy-intensive industries was the focus of the Global Energy and Utilities Conference at Middle East Energy, on the third and concluding day 9 March, following three days of top-level discussion from policymakers, business leaders, and industry experts from the energy industry.
The day three opening session Decarbonising Industries addressed the critical need for decarbonising energy-intensive industries to successfully meet carbon reduction programmes and net-zero targets, with the UAE alone, expected to require new investments of $164bn in clean and renewable energy sources to achieve its carbon-neutral 2050 pledge.
Discussing Saudi Arabia’s net-zero target announced in October last year when the country committed to cutting carbon emissions to zero by 2060, Turki Al Shehri, CEO, Saudi Arabia, ENGIE, reiterated his confidence in achieving these goals.
Salim Mousallam, Executive Director – Decarbonisation Strategy & Partnerships, GE Gas Power EMEA, said: “For power plants, there are multiple solutions to decarbonise and achieve net-zero.
Other speakers on the panel included Alexandre Eykerman, Managing Director and Energy Business Director, Wartsila and Dr Chet Biliyok, Technical Director – New Energy Services, Petrofac
Elsewhere on the show floor Ras Al Khaimah Municipality announced that RAK Energy Efficiency and Renewables Strategy 2040 targets 30% electricity savings, 20% water savings and 20% renewable energy in the generation mix by 2040.
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