Not enough renewable energy to meet global demand: Aramco chief

Not enough renewable energy to meet global demand: Aramco chief

RIYADH: The amount of renewable energy coming to the international market falls short of fulfilling the rising demand, according to Saudi Arabian Oil Co.’s CEO. 

Speaking on a panel at the Saudi Green Initiative Forum on the sidelines of the 2023 UN Climate Change Conference, Amin Nasser highlighted that more investments are needed in the oil and gas sector to ensure a smooth energy transition.

“Even with all the renewable coming to the market, it is still not enough to handle the additional demand we are seeing,” said Nasser.  Not enough renewable energy to meet global demand: Aramco chief