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Are Saudi Arabia’s Renewable Ambitions Realistic?

OilPrice.com Saturday, 16 February 2019
The Arabian Peninsula has, for most of its existence, not been of significant strategic value. The region is mostly dry and, until recently, didn’t produce much the world needed. Saudi Arabia, however, has become a regional power centre due to custodianship of Islam’s two holiest sites and due to its pivotal role in the global oil market. Now, Riyadh is also planning to become a renewable energy powerhouse. The oil kingdom has an incredibly high number of sunny days, with only 45 cloudy days each year. It also has significant potential…
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