Sign up for free to get the latest from greenbang direct to your inbox
 
Home | Research Store | Work With Us | Events | Insight | Press | About | Newsletter | Contact

Does oil-rich Middle East have a green destiny?

Published Thursday, 9th February 2012

Think about Middle-Eastern OPEC countries like Saudi Arabia, Iran, Iraq and the United Arab Emirates and what comes to mind? Is it the obvious: oil? Or is it solar energy, smart grids and green technology?

For a growing number of people in the Middle East and elsewhere, and for a growing number of reasons, the second answer is becoming a lot more common.

Perhaps the highest-profile example today is Masdar, the UAE-based initiative working to develop one of the world’s most sustainable planned cities: Abu Dhabi’s Masdar City. In partnership with the Massachusetts Institute of Technology, the city is also designed to become a global hub for clean technology research through its Masdar Institute for Science and Technology.

(Siemens, another partner in the initiative, just won an architectural award for its planned Masdar City headquarters, which is being designed to meet LEED Platinum sustainability standards.)

Masdar, which develops clean-energy projects in other parts of the world as well, is also associated with two other programs with a heavy focus on clean energy and energy innovation: the Zayed Future Energy Prize and the World Future Energy Summit.

In Saudi Arabia, meanwhile, IDEA Polysilicon is targeting the world’s photovoltaics markets with plans to build a large-scale polysilicon plant in the city of Yanbu. Scheduled to begin operations in 2013, the facility is expected to be producing 12,000 tons of polysilicon a year by 2015.

“There is tremendous potential for solar energy in Saudi Arabia and the other states of the MENA (Middle East/North Africa) region, which enjoy a lot of sunshine, as solar power is extremely cost effective compared with other energy sources,” said Robert M. Hartung, CEO and chairman of Germany’s centrotherm photovoltaics, which is helping to engineer the Yanbu project.

Even Iran is eyeing a future based more on green than on black gold, especially as other nations have imposed sanctions on its oil exports. Reuters this week quoted Iranian Minister of Petroleum Rostam Qasemi as saying it’s time for the nation to begin developing a renewable-energy sector.

“Reliance on hydrocarbon resources in the long run is neither possible nor meets national interests,” Qasemi was quoted as saying. “Gradual reduction of oil consumption on the one hand and a revolutionary and swift move toward using renewable energies on the other hand are the only appropriate mechanisms which can help the country.”

While global politics might be helping to drive Iran’s green ambitions, other factors are also pushing the Middle East toward more sustainability. The specter of oil depletion is also creating more concern, particularly in Saudi Arabia, which is already finding itself keeping more of its oil at home to meet the energy needs of (and reduce the threat of unrest from) a rapidly growing population.

More and more, the part of the world that’s produced so much of the oil we all rely on appears to be coming to the realization that business as usual isn’t sustainable.

Bookmark and share:
  • Twitter
  • Google Bookmarks
  • LinkedIn
  • Facebook
  • Reddit
  • StumbleUpon
  • Digg
  • Slashdot
  • del.icio.us
  • email
  • Print
  • PDF











RELATED NEWS

Latest Insight

Which countries produce the most wind energy? thumbnail

Which countries produce the most wind energy?

The world was producing nearly 238 gigawatts (GW) of wind energy as of
China ‘dumping’ low-cost solar cells on market? US says ‘yes’ thumbnail

China ‘dumping’ low-cost solar cells on market? US says ‘yes’

Have China’s solar cell makers been “dumping” their products on the US market
The 10 most water-stressed countries in the world thumbnail

The 10 most water-stressed countries in the world

From space, our planet might look like a “big blue marble” rich with

LATEST REPORTS
1

Who’s the leading smart-city brand?

More than half of the world’s nearly seven billion people now live in urban areas, and that proportion is expected to reach almost 69 per cent by 2050. To avoid pushing local and global systems to the point of collapse, cities will need to become much smarter and more efficient Read more ...
more info
2

Managing the smart-grid data overload

Developing the UK’s smart-grid infrastructure will require communications and data technologies that can manage far more information than utilities must handle today. That’s the focus of a strategy report from Greenbang Research: “Enabling the UK’s smart-grid future: The wireless spectrum debate.” The report answers such questions as: Should dedicated Read more ...
more info
3

Incentives fire up UK solar market

The introduction of the feed-in tariff (FIT) incentive policy on 1 April has sparked an explosive reaction in the UK renewable energy market with solar leading the way in installations, according to a new Greenbang research report titled, “The UK’s Feed-in Tariff: Impact, response and market trends for the decade Read more ...
more info