11 Hrs
Source:
الوئام
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Source: الوئام
11 Hrsالوئام
Source: الوئام
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At the COP31 summit, Saudi Energy Minister Prince Abdulaziz bin Salman put forward an approach that balances emissions reductions with energy security. He stressed that the transition does not require excluding any energy source, but does require modernizing power grids and expanding storage, as well as providing developing countries with financing and technology. He announced that renewable energy projects under development in the Kingdom total around 79 gigawatts, and that Saudi Arabia aims to increase its carbon capture and storage capacity to 44 million tonnes a year by 2035. The Kingdom also signed four agreements for battery storage projects with a combined capacity of 2,000 megawatts and investments exceeding SAR 4.35 billion, to support reliable energy supplies and integrate renewable energy.
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