• Environment

    OBG reports on the growing awareness of environmental concerns, how they affect industrial development and the steps being taken to address attendant problems. Many countries are establishing environmental agencies to seek out ways to cut pollution and waste, as well as to introduce conservation and recycling measures.
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Chapter | Environment from The Report: Saudi Arabia 2015

With Saudi Arabia’s 10th Development Plan the Kingdom has committed itself to responsible stewardship of the environment. The plan emphasises the importance of creating incentives and regulations that will underpin environmentally sustainable growth moving forward. Initiatives currently under way include moves towards more fuel-efficient cogeneration plants, carbon capture and storage, and...

The accession of King Salman bin Abdulaziz Al Saud in January 2015 was the start of a new chapter for the Kingdom, and with the fall in global oil prices and continued regional turbulence there are undoubtedly challenges to be met. However, domestic stability, combined with the government’s commitment to major development projects and sustained focus on economic diversification, indicate a positive overall outlook for the country moving forward. 

 

To reduce dependency on international markets as well as emissions from energy production, Morocco has established a plan to make renewable sources a central part of its energy mix. By 2020, just under half of the country’s power is expected to be generated from renewable energy. There is a strong focus on developing wind and solar, which are...

 

How will Morocco finance its energy projects?

 

On a map of the world showing so-called insolation, or the amount of “solar irradiance” hitting the surface per sq metre, there are three notable patches of dark red. One lies in western Australia; another in the southwest US; and the third stretches from Algeria across North Africa all the way to Saudi Arabia. It is these areas that have the...

 

With the implementation of renewable energy plans in full swing and considerable investment going into traditional forms of production, Morocco is making serious changes to its energy mix that could provide a window of opportunity. The need for such moves is clear: excessively dependent on energy imports to support growing consumption, the...