Building on the Partnership for Advancing Clean Energy Agreement signed in Jeddah on July 15, 2022, Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy of Saudi Arabia, met with U.S. Secretary of Energy Jennifer Granholm in Riyadh to set a detailed timeline for collaborative projects.
According to the Factsheet on Agreements Between the Governments of the Kingdom of Saudi Arabia and the United States of America issued on July 15, 2022, one of the key agreement from meetings between President Joe Biden and HRH Crown Prince Mohammed Bin Salman was the Partnership Framework for Advancing Clean Energy.
“Signed by the Saudi ministry of Energy and the US Department of Energy, this framework agreement, which involves substantial investments in clean energy transition, addressing climate change, development of renewable energy, and clean hydrogen. This framework will also include cooperation in human capacity-building in the nuclear energy field, and cooperation in nuclear regulatory aspects, carbon capture utilization and sequestration, development of sustainable materials, and other initiatives under the Circular Carbon Economy Framework, where Saudi Arabia aims to be a global leader.”
This week U.S. Secretary of Energy Jennifer M. Granholm was in Riyadh to meet with Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy of Saudi Arabia. According to the Saudi Ministry of Energy the ministers, “discussed ways to enhance cooperation between the two countries in various energy fields, including carbon management, clean hydrogen, nuclear energy, electricity and renewables, innovation, energy sector supply chain resilience, and energy efficiency.” They also discussed Saudi Arabia’s climate change initiatives based on Circular Carbon Economy, including the “Saudi Green Initiative” and the “Middle East Green initiative.
After the meeting, they signed a roadmap for cooperation that sets a timeline for projects identified for collaboration. The framework,
“covers cooperation in various fields and projects including clean energy, clean hydrogen, Circular Carbon Economy, Carbon Capture, Utilization and Storage technologies, clean cooking solutions, emissions reduction, research and development, and clean electricity generation technologies. The partnership framework also allows for further cooperation in other areas, in alignment with both countries’ policies, laws, and international commitments.”
The roadmap will be implemented through several workstreams, including exchanging knowledge on policies in the areas covered by the roadmap, including policies related to standards and regulatory frameworks, enhancing joint research and development, especially in the field of new technologies, and building human capital through training and exchange of expertise.
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