Clean energy offers massive potential for GCC to maintain global energy leadership and reap substantial fossil fuel savings: report
- Renewable energy (RE) plans for region’s electricity sectors could result in overall savings of USD 55 to 87 billion
- Fossil fuel savings in power and water sectors could peak at around 400 million barrels of oil equivalent by 2030
- Savings for Saudi Arabia, the region’s largest consumer of fossil fuels for power production, at 170 million