Frost & Sullivan’s recent analysis on the distributed energy market in the Gulf Cooperation Council (GCC) finds that it is gathering momentum with declining technology costs, resource availability, and favourable policies This encourages customers to self-generate electricity through distributed renewable sources and sells excess electricity back to the grid, transforming customers into prosumers (an individual […]
GCC’s renewable energy transition unlocks the potential for a new green economy
Expansion in sustainable energy and development are essential components to achieve economic diversification Global climate change leaders who attended the UAE Regional Dialogue for Climate Action in Abu Dhabi on April 4 witnessed first-hand a region that is not only talking about carbon-reduction commitments and the strategic transition to a renewable energy future but one […]