70 centers planned to assess Kingdom’s renewable sources

Updated 03 July 2013
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70 centers planned to assess Kingdom’s renewable sources

King Abdullah City for Atomic and Renewable Energy (KACARE) recently embarked on the establishment of 70 stations and centers aimed to determine renewable energy sources in all parts of the Kingdom, local media said.
The centers will assess all renewable sources, including solar, wind, waste-conversion, and geothermal energies and collect ground readings from different parts in a step to build a database that will help implementation of renewable energy projects for electric generation and water desalination.
Meanwhile, the KACARE is currently organizing a workshop to acquaint attendees on a national map of renewable energy sources in the Kingdom. The map, scheduled to be finalized by the end of the current year, will be used by all concerned parties such as universities, research centers and energy project developers.
So far, ten centers have been erected and evenly distributed to collect all weather and air data conducive to show renewable energy sources in all parts of the Kingdom. The data will be accessible by researchers through a website on some basic information such as solar radiation and wind speed.
KACARE is reportedly working on the project with a number of national entities such as King Abdulaziz City for Science and Technology (KACST), King Abdullah University for Science and Technology (KAUST), Technical and Vocational Training Corporation (TVTC), Saudi Electricity Company (SEC), Saudi Company for Power Transmission (SCPT), Saline Water Conversion Corporation (SWCC), the Royal Commission for Jubail and Yanbu (RCJY).
The Kingdom, which recently selected eight locations to test the possibility of producing electricity from wind energy, is said to have the ability to reduce consumption of hydrocarbon fuels in electricity generation and water desalination up to 50 percent by 2032 by resorting to other renewable sources. According to a study released by KACARE, the share of renewable energy in this regard will roughly hit 30 percent.
The Kingdom is targeting that the share of solar energy to electricity generation capacity will be between 16-22 percent by 2032, or 41 Giga-Watt (GW), sources said.


Oil-rich South Sudan seeks investment in fragile new peace

Updated 22 November 2018
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Oil-rich South Sudan seeks investment in fragile new peace

  • The country is eager to make up for $4 billion in lost revenue caused by the five-year conflict
  • The government is offering prospective investors incentives such as a tax-free grace period of up to 10 years

JUBA, South Sudan: South Sudan is making its first big foreign investment pitch since declaring an end to civil war, but the oil-rich nation faces hesitation from some companies that want to make sure the fragile new peace deal holds.
The country is eager to make up for $4 billion in lost revenue caused by the five-year conflict after the government and armed opposition signed a power-sharing agreement two months ago.
Tapping 3.5 billion barrels of oil reserves, the third largest in Africa, is the fastest route for South Sudan, whose economy is almost entirely dependent on oil exports.
“Do business or get out,” South Sudan’s petroleum minister, Ezekiel Lol Gatkuoth, said in an interview with The Associated Press on Wednesday.
More than 400 international and local companies are attending this week’s Africa Oil & Power Conference in the capital, Juba, up from the 300 that attended the initial conference last year.
The government is offering prospective investors incentives such as a tax-free grace period of up to 10 years. It hopes to build on the momentum created in August when drilling resumed in key oil fields for the first time since 2013. The aim is to return to the pre-conflict production of 350,000 barrels per day.
Some at the investment conference expressed cautious optimism after preliminary signs of growth.
Earlier this year Russian oil company Zarubezhneft signed a memorandum of understanding with South Sudan’s oil ministry to explore the 10 oil blocks that remain open. The government is also speaking with Russia’s third largest oil producer, Gazprom Neft, and Rosneft.
Those already licensed to operate in the newly reopened oil fields in Unity State are China National Petroleum Corporation, India-based Oil and Natural Gas Corporation and Malaysia-based Petronas.
And early next year local oil marketing company Trinity Energy will begin building East Africa’s only oil refinery, a $350 million project that will take about 18 months to complete. It will be able to produce 25,000 barrels per day. Currently South Sudan exports its crude oil, only to buy it back.
“South Sudan is a fantastic blank canvas ... because we see that the demand is here,” said Pearl Uzokwe, director of governance and sustainability at the Sahara Group, a Nigerian energy and infrastructure company that recently signed a memorandum of understanding with the government.
However, she said, it’s important for South Sudan’s government to create an enabling environment.
Past peace deals, as well as power-sharing arrangements between President Salva Kiir and armed opposition leader Riek Machar, have collapsed amid fresh fighting.
One analyst said most of his clients, especially Western ones, are taking a “wait and see” approach even as the mood seems positive.
“They’re not willing to commit to anything right now,” Shawn Robert Duthie, senior analyst for Africa Risk Consulting, told the AP. Many are worried about their reputational risk, he said. South Sudan’s oil sector has faced scrutiny for allegedly using oil revenues to fuel the civil war.
If the new peace deal can last a year without any huge flare-ups and if Kiir and his returning deputy Machar can work together it might help in bringing more people to the table, Duthie said.