The Kuwait Foundation for the Advancement of Sciences (KFAS) has developed an energy transition roadmap for the country, KFAS Research and Technology Activation Department director Dina Al-Naqeeb told Al Rai. Developed in partnership with Hartree Partners, the Petroleum Corporation, and Kuwait’s Electricity Ministry, the new roadmap aims to generate USD 390 bn in net revenues for the country by 2060.
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The roadmap outlines four phases:
- The first phase aims to establish regulatory frameworks for the energy transition by 2030.
- The second phase will tackle the diversification of energy sources across Kuwait’s economic sectors, beginning in 2031 with the aim to conclude by 2040.
- The third phase, from 2041-2050, will implement an effective management of energy supply and integration into Kuwait’s energy grid, studying demand patterns to build a flexible energy system.
- The fourth and final phase will proceed from 2051 to 2060 will work towards accelerating the adoption of renewable energy sources and implementing the latest technologies for energy efficiency.
How they’ll do it: The roadmap targets major energy consumers, including electricity, transportation, and the oil sector, which together account for 70% of Kuwait’s energy usage. Al-Naqeeb stressed that cooperation between government, oil, and private sectors will be crucial to the document’s successful implementation.
How are they getting there? The roadmap outlines methods of implementing the transition including improving energy efficiency in various sectors, from power generation in stations to homes and factories, through modern technologies such as smart meters and EVs. It also targets moving to clean renewable energy sources and using methods including emissions trading to benefit from emissions reduction efforts.
Kuwait already has projects in the works: US-based engineering firm KBR secured an advisory consulting contract by Kuwait Oil Company for the production of 17 GW of renewables and 25 GW of green hydrogen by 2050 in July. The Kuwait Authority for Partnership Projects (KAPP) also shortlisted several global utility developers for the 1.1 GW third phase of the Al Dibdibah Power and Al Shagaya Renewable Energy solar project last month. Kuwait’s Electricity, Water, and Renewable Energy Ministry is also planning to purchase solar energy from its citizens as part of priorities outlined in its 2024-2025 development plan.