Kuwait Aims for Renewable Energy Surge but Faces Delays

Kuwait is ramping up investment in renewable energy to combat soaring demand, frequent blackouts, and aging power infrastructure. Currently, renewables make up less than 1% of electricity generation, but the government targets 15% by 2030, with natural gas serving as a transition fuel. However, Rystad Energy projects the country will likely fall short, reaching only 7% by 2030. A 15% renewable share is seen as more achievable by 2035, with capacity expected to exceed 11 GW, supplying around 20% of Kuwait’s power needs.

Renewable Energy and green tech

Kuwait has 21 GW of installed capacity, but only 17 GW is reliably available due to maintenance and outdated plants. With temperatures climbing above 50°C, demand peaked at 17.7 GW in July, forcing early scheduled blackouts and unplanned outages. Despite challenges, analysts note Kuwait’s vast solar potential — more than 3,300 hours of sunlight annually — could make solar PV a cornerstone of future energy security.

Business News

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

Staff Writer

Recent Posts

Weststar Aviation inks RM2 billion financing deal with AmBank

Weststar Aviation Services signed a RM2 billion financing deal with AmBank to double its helicopter…

2 hours ago

Automotive Incentives Must Benefit Entire Supply Chain, Say Industry Players

Industry players urge the government to create inclusive automotive incentives supporting the entire supply chain…

5 hours ago

Kerjaya Prospek Secures RM98.8m Hospital Project, Expands Order Book

Kerjaya Prospek wins RM98.8m Seremban hospital job, boosting order book to RM4.3bn with strong earnings…

6 hours ago

Trading Radar: Crude Oil Long Play Amid Escalating Iran Conflict

Trump’s war update drives Brent crude to USD109; strategic buy positions in oil and commodity…

11 hours ago

US Jobs Surge to 15-Month High, Fed Holds Cautious Amid Iran War

The U.S. labor market rebounded in March with nonfarm payrolls rising +178K, the strongest gain…

11 hours ago

YTL Power – Data centres gaining traction

YTL POWER (BUY Maintained, TP:RM3.72) Data centres are gaining traction 

12 hours ago

This website uses cookies.