Gulf Cooperation Council releases renewable energy readiness study

The Gulf Cooperation Council (GCC) recently released its Renewable Energy Readiness Assessment Report for the year. As a whole, it found the GCC countries have implemented sufficient initiatives to achieve future progress in energy security and environmental health. However, individual nations have yet to develop their own strategies to employ renewable energy projects.

The GCC is a union of Arabian states that border the Persian Gulf, including Kuwait, Saudi Arabia and the United Arab Emirates.

According to The Arab News, the UAE topped the renewable energy-preparedness list with a score of 4.75 out of 7. Saudi Arabia followed closely behind with a rating of 4.60. In comparison, the remaining countries of the GCC were much less prepared to institute renewable technologies in the near future.

In contrast, countries like Qatar and Kuwait performed much better with regard to availability of renewable resources because they have broad possibilities for using solar and wind power.

"The GCC has succeeded in attracting top researchers to address regional challenges and drive innovation through offering practical solutions," Hamza Kazim, vice president of operations and finance at the Masdar Institute, told The Arab News. "We hope the report will incentivize clean energy projects in the GCC region."

Visit PennEnergy's research area to access in-depth reports on the development of global renewable energy markets.

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