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Renawble energy will save 15pct of Kuwait''s oil in 2030

KUWAIT, June 12 (KUNA) -- Kuwait is set to run several renewable energy projects to save about 15 percent of the petrol and gas used to generate electricity by 2030.
Kuwait's daily consumption of oil to generate electricity is 350,000 barrels, with a cost of USD two billion, head of the energy program of the Kuwait Institute for Scientific Research Dr Sa'ad Salem Al-Jandal told KUNA on Wednesday, on the sidelines of the 9th session's meeting of the energy committee, which operates under the UN's Economic and Social Commission for Western Asia (ESCWA).
The meetings held by ESCWA are of great importance, and this is the second time the meeting is held in Kuwait, he said. The institute organized workshops yesterday specialized in oil and gas pricing, and its effects on the international oil demands in the current world events, he added.
The scale of dependency on renewable energy sources like solar and wind power relates to oil prices and oil demands, therefore, pricing is important for setting a scale between different energy sources, noted Al-Jandal.
The institute uses renewable energy sources to study them thoroughly and present the results to decision makers he said, also adding that the institute works on gathering detailed information to find ways of applying energy policies, and monitor how these would affect the policies of nations.
All countries in the region, especially the Gulf states are working on using renewable energy sources mainly in projects related to electricity to reduce the use of oil and make use of it in other fields, and Kuwait is recently suffering from the lack of oil needed for power plants.
The Kuwaiti government is paying huge attention to this issue said Al-Jandal, adding that the institute presented in the workshops, details about the use of oil in Kuwait and ways of using renewable energy sources in vital projects such as Al-Shegaya renewable energy power plant.
The institute aims to develop the techniques used in these renewable sources to make generating electricity easier for power plants, because consuming this huge amount of oil daily will not last, since it affects the country's budget, he explained.
Governments should start preparing to reduce the use of oil, gas, and coal, because these resources will not be available for a long period of time due to the massive consumptions, he warned.
Al-Jandal expected Kuwait's use of electricity to reach 30,000 megawatt by 2030, including the electricity used in manufacturing, which will lead to the consumption of 700,000 barrel of oil a day.(end) asj.smh.ag KUNA 121904 Jun 13NNNN