Renewable energy will wind the Gulf in 2020

18 February 2013 Energy Diary
] renewable energy according to the research of Frost & Sullivan, in 2020, will also contribute to the economy of the Gulf Cooperation Council members.

2013 From the sector supporters of the Future World Energy Summit, Frost & Sullivan emphasizes that the members of the Gulf Cooperation Council, which includes an important part of renewable energy, world oil and natural gas reserves. [

Frost & Sullivan experts have led to renewable energy in the world countries to find solutions to the energy problem, the member countries of the Gulf Cooperation Council also aim to diversify the economic programs and the social exchange associated with the economic crisis and the Arab Spring and they are home towards a structural transformation.

In this context, the 2013 Future World Energy Summit is located in the near future in the newsletter titled “Greenin Future” prepared by Frost & Sullivan. The study focused on renewable energy and smart grid potential in the Gulf Cooperation Council emphasizes the need for the creation of an environment that can support the development of renewable energy and smart grids in the region.

Energy demand will be doubled in 2020
Frost & Sullivan predicts the demand for energy to reach 215 Gigawatt by doubled in 2020. Although the Gulf Cooperation Council has 22.5 percent of the world’s proven natural gas reserves, oil reserves have 35 percent, it’s not expected that conventional fuel sources can grow at the speed of the energy need to increase in the coming years. Thus, the Gulf Cooperation Council aims to re-review the mixed energy to deal with increased demand, and to activate renewable energy as an important contribution. According to the current plans announced in the adoption of renewable energy, a potential for the Gulf Cooperation Council to 25GW for 2020.

It is expected to bring many advantages in terms of the Gulf Cooperation Council of transition to edible energies. According to Frost & Sullivan experts, renewable energy regardless of industrial development will also reduce unemployment rate in the Gulf Cooperation Council by facilitating the work of experienced staff operating in this sector. On the other hand, the Gulf Cooperation Council is using expensive oil and gasoline with high proportions to achieve energy. Renewable energy will provide another opportunity to the Gulf Cooperation Council countries to help these fuels be exported to the market prices potentially.

Conventional resources insufficient
The Frost & Sullivan Energy and Electric Systems President Abhay Bhargava, which emphasizes the importance of getting away from conventional energy sources, is moving forward to the following opinion: “Although only the use of oil, gasoline or diesel is a way to cope with the load caused by excessive demands, it is not a permanent solution to meet the energy demands. Even if the nuclear energy is considered a remarkable option, it is possible to be applied in ten years. But the UAE that successfully uses nuclear energy sources is an exception. Arz demand deficit and plenty of sunlight in the Gulf Cooperation Council countries as a source of resources make it considered as an efficient source of energy in meeting the increasing needs of solar energy. The Gulf Cooperation Council administrations suggest new projects in order to renew the old energy infrastructure and support new diversification plans. "

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