The report deals with major trends in renewable energies like solar, wind and biofuels, outlines renewable energy initiatives in the Gulf and asks which scenarios could unfold for the GCC countries. Rising domestic energy needs for power generation and desalination, favorable conditions for solar energy production and interest in acquiring technological know-how make a perfect argument for renewable energy in the Gulf. Renewable energies can stretch the lifeline of the GCC’s oil and gas exports, and in some decades from now, they even have the potential to develop into a major pillar of the economy. GCC countries should regard renewables not as unwanted competition to their oil and gas production, but rather as a welcome addition to tight global energy markets.
