• Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
Saudi Business News
Wednesday, May 14
05:20
29 °c
Riyadh
No Result
View All Result
Saudi Business News
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
No Result
View All Result
Saudi Business News
No Result
View All Result

HomeInvestmentSaudi Arabia’s 7.2 GW Power Projects with Carbon Capture Tech

Saudi Arabia’s 7.2 GW Power Projects with Carbon Capture Tech

Advancing Towards Net-Zero Goals in the Kingdom

May 10, 2024
in Investment, Vision 2030
Reading Time: 1 min read
152
SHARES
1.9k
VIEWS
Share on FacebookShare on XShare on LinkedInShare on Telegram

Riyadh’s Ambitious Energy Projects: A Push for Sustainability

The Saudi Power Procurement Company (SPPC) has initiated a call for tenders for the construction of four independent power plants. These facilities are poised to contribute a substantial 7,200 megawatts to the nation’s electricity supply.

RelatedPosts

Vision 2030 Progress: Saudi Arabia Achieves 93% of Key Goals

Egypt-Saudi Investment Deals Boost Sectors

Energy Investment Agreement Boosts US-Saudi Partnership

Strategically located, two plants named Rumah1 and Rumah2 will be established in the central region, while Nairyah1 and Nairyah2 are designated for the eastern region. Each plant is designed to generate 1,800 MW. They will employ advanced natural gas combined-cycle technology, enhanced with carbon capture capabilities, as reported by the Saudi Press Agency.

In alignment with the Saudi Green Initiative, these projects underscore the country’s commitment to achieving net-zero greenhouse gas emissions. By adopting a circular carbon economy model, the Kingdom aims to reach this milestone by the year 2060, with the possibility of an earlier achievement depending on technological advances.

Furthermore, these endeavors are consistent with the objectives of Vision 2030, Saudi Arabia’s blueprint for the future. The vision emphasizes enhancing the efficiency of power generation, reducing costs, and diversifying energy sources. The ultimate goal is to strike a balance, whereby half of the electricity is derived from renewables and the other half from gas, thereby diminishing the reliance on liquid fuels within the energy sector.

Tags: carbon capturePower Generationrenewable energysaudi arabiaVision 2030
Share61Tweet38Share11Share

© 2025 Copyright, Saudi Business News

No Result
View All Result
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line

© 2025 Copyright, Saudi Business News

Go to mobile version