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Renewable Energy ‎Market Analysis: The GCC Region

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R. Ferroukhi
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This analysis from the International Renewable Energy Agency (IRENA) suggests some of their highlights of best practices in policy-making, project development and financing that have begun paving the way for more sustainable energy systems.

It also examines the potential for renewables-based desalination to address the need for sustainable water supply in the arid GCC region.

The report suggests that the countries of the Gulf Cooperation Council (GCC) could reap multiple benefits from scaling up renewable energy use, including reducing water withdrawal by 11 trillion litres (or 16%) and saving 400 billion barrels of oil in the power sector, creating 2000, direct jobs and reducing the region’s per capita carbon footprint 8% by 2030.

Contributors look at the opportunities and barriers for renewable energy deployment in the GCC economies and offer recommendations for greater integration of renewables into the regional energy mix.