COMPETITIVELY ENERGIZING THE NEW ECONOMY: “THE SAUDI ENERGY BUFFET"

The speaker discusses Saudi Arabia's commitment to sustainability and energy efficiency. They highlight the country's efforts to diversify its energy sector, incorporating both conventional and renewable power sources. The discussion emphasizes the importance of competitive and reliable energy in driving the new global economy. The speaker details Saudi Arabia's approach to carbon markets, including a voluntary carbon credit mechanism. Saudi Arabia aims to be a model for carbon market transparency, ensuring environmental integrity and investor confidence. They are actively working on clean hydrogen production and carbon sequestration projects. The speaker mentions collaborations with companies like Aqua, Aramco and BIF. They emphasize the role of technology and automation in modernizing the power sector. The speaker invites the world to invest in Saudi Arabia's sustainable energy initiatives.