SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

MUST-READS

  • Gazans reel under heat and lengthy power cuts

    More than 2.3 million people are packed into the narrow strip of land squeezed between Egypt and Israel, an area that would normally require around 500 megawatts of power per day in summer, according to local officials. It receives 120 megawatts from Israel while the enclave's lone power plant supplies another 60 megawatts.

  • More EVs Could Melt the Grid Without a Power Plan. China has a Solution

    It’s a bit of a chicken-and-egg problem: The infrastructure available will determine drivers’ charging behavior, but grids need to understand demand to come up with strategies. Increasingly, companies are realizing it won’t necessarily be like gas stations, where consumers fill up on the go. It may be overnight at home, during the day at the office, as well as last-minute. Either way, grids must cope and do better. Power distribution will need to expand and be reconfigured, while secondary substations, including transformers, will need to be upgraded — a behemoth task.

  • Greece, Saudi Arabia seal deal on data cable, discuss power grid link

    Greece and Saudi Arabia on Tuesday sealed a deal to lay an undersea data cable that will connect Europe with Asia and discussed the possibility of linking their power grids to supply Europe with cheaper green energy. Greece and Saudi Arabia agreed in May on the main terms of a planned joint venture to build a data cable, the so-called "East to Med data Corridor", which will be developed by MENA HUB, owned by Saudi Arabia's STC and Greek telecoms and satellite applications company TTSA.

  • Saudi Focus on Minerals Needed in Power Transition, EVs

    The vice-minister noted that net consumption of minerals like graphite, cobalt, vanadium, and nickel will exceed demand by two-thirds by 2050. Moreover, current supplies of copper, lithium and platinum are insufficient to meet future needs. Al-Mudaifer projected a 30%- 40% supply gap for those minerals. He explained that the new mining strategy in the Kingdom launched more than 40 initiatives designed to improve the general climate for mining and attract the investment required for the success of this new industry.

  • Saudi Focus on Minerals Needed in Power Transition, EVs

    The vice-minister noted that net consumption of minerals like graphite, cobalt, vanadium, and nickel will exceed demand by two-thirds by 2050. Moreover, current supplies of copper, lithium and platinum are insufficient to meet future needs. Al-Mudaifer projected a 30%- 40% supply gap for those minerals. He explained that the new mining strategy in the Kingdom launched more than 40 initiatives designed to improve the general climate for mining and attract the investment required for the success of this new industry.

  • Alinma Bank, Foodics sign strategic partnership to empower SMBs in Saudi

    Under this partnership, the two brands have come together to launch new products to enable small business owners to have full autonomy over their business decisions, allowing them to sell from anywhere at any time and accept payments on the go. This will allow them to maximise their sales and their productivity, while keeping track of their sales figures, inventory and customers.

  • Egypt as an Eastern Mediterranean power in the age of energy transition

    On June 17, the European Union (EU) signed a memorandum of understanding with both Egypt and Israel that creates a framework for Israel to expand its natural gas exports to Europe via Egypt. The EU also agreed with Egypt to increase collaboration on renewable energy, hydrogen, energy efficiency, and the development of trans-Mediterranean electricity interconnectors. European Commission President Ursula von der Leyen described the agreement as a big step forward “for Egypt to become a regional energy hub."

  • Saudi to supply 1,000 megawatts to Iraq in common power grid

    Saudi Arabia will supply 1,000 megawatts (MW) of electricity to Iraq in the first phase of a project to link their power networks, an Iraqi official has said. Iraq will also get more supplies from the Gulf Cooperation Council (GCC) power grid under an agreement signed by the two sides, Ahmed Al-Abadi, a spokesman for the Iraqi Electricity Ministry, told the official Iraqi news agency. Abadi said there would be separate power grid connections with Saudi Arabia and the remaining Gulf Cooperation Council (GCC) members and that the areas for connection cables and other facilities in the project have been determined.

  • Saudi Arabia doubles second-quarter Russian fuel oil imports for power generation

    Data obtained by Reuters through Refinitiv Eikon ship tracking showed Saudi Arabia imported 647,000 tonnes (48,000 barrels per day) of fuel oil from Russia via Russian and Estonian ports in April-June this year. That was up from 320,000 tonnes in the same period a year ago.

  • US Embassy alarmed by power struggle at Libya’s oil company

    The crisis throws into question Libya’s oil revenues, which fund much of the public sector, and also future production amid an international fuel shortage. The embassy tweeted that U.S. officials are following the developments with “deep concern.” It added that Libya’s National Oil Corporation, or NOC, has preserved its political independence and worked effectively during the country’s turmoil under Chairman Mustafa Sanalla. The statement indicated U.S. backing for the sacked oil chief.