Saudi-China Collaboration on Renewable Energy Supply Chains - December 2022 Doi: 10.30573/KS--2022-WB13
21 March 2023
The second of research centers and energy enterprises to session presented the future landscape of critical shed light on renewable energy supply chains minerals in Saudi Arabia and China and identified in Saudi Arabia and China and discuss areas of focal areas for bilateral collaboration. [...] Africa, Europe, and Asia helps justify the investment The country aims to increase the contribution of in and development of local industries for the growth clean energy (renewables and nuclear power) of the regional market, especially the MENA market. [...] Despite supply chain disruptions and project delays caused by the COVID-19 pandemic, the Saudi Arabia in 2021 pledged to reach net-zero installed solar and wind capacity in the Middle East carbon emissions by 2060 and to increase the reached 8.3 GW and 1 GW, respectively, in 2021, contribution of renewable energy to the power sector an increase of more than 30% from the pre-COVID to 50% by 2030. [...] unbundling of the key functions of the power The success of China’s development of renewable value chain, separating the potentially competitive energy from only 1 GW in 2005 to the present-day generation and retail activities from the natural level of more than 1000 GW can be attributed to monopoly segments of transmission and distribution. [...] The discussion focused on the outlook for the renewable energy Jianping Ge, Vice Dean of the Institute of Natural Resources Strategic Development, China University of market in Saudi Arabia and the MENA region, Geosciences the landscape of critical materials for renewable energy industries, key issues in the buildup of local Jingying Huo, Deputy Director of International Business manufacturing cap.