The Future of Clean Energy in the GCC

The transcript discusses the ambitious goal of creating 220,000 jobs in the renewable energy sector by 2030, driven by economic diversification and the need to address youth unemployment. It highlights the role of financing and cost reductions in solar and wind technologies, with solar PV expected to dominate the market. The GCC region, particularly Saudi Arabia and the UAE, is leading in renewable targets. Despite political challenges, the US remains a key player in renewables, with states like California and Texas making significant strides.

What is the primary driver for the creation of 220,000 jobs in the renewable energy sector by 2030?

• Youth unemployment

• Economic diversification

• Technological advancements

• New power capacity addition

Which renewable energy technology has seen a 73% cost reduction over seven years?

• Solar PV

• Concentrated solar

• Hydropower

• Onshore wind

What percentage of future capacity additions is expected to come from solar PV by 2030?

• 50%

• 60%

• 90%

• 80%

Which country is expected to lead in renewable energy targets within the GCC region?

• Kuwait

• UAE

• Saudi Arabia

• Qatar

How might US politics impact the growth of renewable energy?

• By maintaining competitiveness through state initiatives

• By increasing federal support

• By falling behind in technology

• By reducing investment opportunities