Saudi leads the way as Arabian Gulf countries embrace renewable energy | The National

Saudi leads the way as Arabian Gulf countries embrace renewable energy | The National:

"The UAE’s Arabian Gulf neighbours have announced various renewable energy plans aimed at reducing their reliance on oil and gas for power and water generation, with Saudi Arabia leading the way with an ambitious programme, as the drop in solar energy prices encourages governments.

“Governments are well aware that our oil and gas resources are not infinite and require careful management,” said Gus Schellekens, Middle East sustainability leader, and Hannes Reinisch, senior manager for sustainability and renewables, at PricewaterhouseCoopers. “There is a crossover point where our own domestic economies will use more of the hydrocarbon production than is exported, reducing the revenues we can derive from international markets."

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