Environment & Energy
Related: About this forumSaudis Boldly Move Into Clean Energy, Delay Giant Solar Plan For 8 Years
Saudi Arabia is delaying by eight years its target to complete a $109 billion clean-energy program, saying it needs more time to assess what technologies it will use. The project was originally intended to produce a third of the nations electricity from solar panels by 2032 and more power from wind, geothermal and nuclear reactors. The ambition was to save more crude oil for export.
We have revised the outlook to focus on 2040 as the major milestone for long-term energy planning in Saudi Arabia, said Hashim Yamani, president of the King Abdullah City for Atomic and Renewable Energy, the royal agency established to oversee renewable energy policy.
The comments at a conference in Abu Dhabi yesterday are a blow to the kingdoms effort to feed its rapidly growing populations demand for more electricity. The worlds largest oil exporter is having to divert crude supplies for domestic power generation, reducing its main source of income.
EDIT
Saudi Arabias population has quadrupled to about 30 million people in the last 40 years. Its energy consumption is similar to the U.K.s, which has double the population, according to the Chatham House paper. Per capita, Saudi Arabia consumes about as much as the U.S. and double Japans level, the paper said.
EDIT
http://www.bloomberg.com/news/2015-01-20/saudi-arabia-delays-109-billion-solar-plant-by-8-years.html
Fred Sanders
(23,946 posts)FBaggins
(26,748 posts)... the also announced that they could last eight years with sustained low oil prices.
http://www.theguardian.com/world/2015/jan/19/saudi-arabia-last-eight-years-low-oil-price-adviser
Nihil
(13,508 posts)Combined with
> Per capita, Saudi Arabia consumes about as much as the U.S. and double Japans level
Options:
1) Stop breeding like rabbits.
2) Stop wasting energy.
3) Speed up the rate of executions.
4) All of the above.