Marina Schwarz + 1,576 January 16, 2018 A Siemens report on the Middle East's energy prospects until 2035 says gas will be toe dominant power generation fuel. There are solar power capacity plans in Saudi Arabia. But can renewables really compete with fossil fuels in the Middle East where production costs are so low? Quote Share this post Link to post Share on other sites
TraderTate + 186 TS January 16, 2018 It can. High population growth means higher demand for electricity, and not only can renewables compete, but they need renewables to meet this demand. 1 Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 January 23, 2018 But how many have the money to pour into large-scale renewable installations? Except the Saudis, that is. And to get money, they need to pump oil, and if prices remain higher, solar and wind will be less competitive, and so on. 1 Quote Share this post Link to post Share on other sites