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Riyadh going green to free up oil

February 13, 2013

Riyadh going green to free up oil

Saudi Arabia has one of the largest expansion plans for electricity in the Middle East, with the bulk of renewable coming from solar power, the EIA said.

The U.S. Energy Department’s Energy Information Administration updated its profile for Saudi Arabia, saying population growth and a rapidly expanding industrial sector are leading to increased electricity demand in the oil-rich country.

Saudi Arabia aims to diversify its local energy mix in order to free up more of its oil for exports. Tha EIA says Saudi Arabia aims to generate as much as 55 GW of renewable energy by 2020, with 41 GW planned for solar power.

Read more at United Press International.

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