Oman to produce 30% of energy from renewable source by 2030

  • Date: 16-Mar-2024
  • Source: Times of Oman
  • Sector:Oil & Gas
  • Country:Oman
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Oman to produce 30% of energy from renewable source by 2030

Muscat: The Sultanate of Oman is moving forward at a steady pace to reach the production or consumption target of not less than 30 percent of its electrical energy from renewable sources by 2030, said Engineer Salem bin Nasser Al Aufi, Minister of Energy and Minerals. In a statement to the Oman News Agency, the Minister of Energy and Minerals said that the oil and gas sectors are currently working to stop the routine burning process, while some industrial regions and cities are seeking to find an environmentally-friendly energy alternative, giving local products more competitiveness in global markets. He indicated that studies are being conducted on alternative energy sources, its cost, and the changes that factories need to keep pace with the modern technology to meet the carbon neutral requirements. He explained that the most prominent sectors that produce carbon emissions at a rate of about 95 percent are industry, power houses, oil and gas, transportation, among others. He added that some government institutions have made an effort of achieving the Sultanate of Oman's plan for zero carbon neutrality by 2050, while others are still in the process of searching for projects that will reduce carbon emissions. Several projects have