Qatar’s clean energy strategy targets renewables

13/10/24

Qatar’s future energy strategy aims to diversify into renewables, targeting a solar capacity increase to 5 Giga Watts (GW) by 2035.

Furthermore its strategy aims to leverages Qatar’s competitive edge to drive its clean energy transition and energy goals. The strategy emphasises reinforcing its Liquid Natural Gas (LNG) export leadership, broadening energy production diversity and enhancing decarbonisation. By adopting a sector coupling approach, it aims to collectively address environmental challenges across all sectors for increased efficiency and cost-effectiveness.

Qatar’s clean energy strategy includes producing green hydrogen from solar projects to serve as a backup energy source, enhancing the reliability of renewable energy and reducing fossil fuel dependence according to a recent Price waterhouse Coopers study.

Most importantly, green hydrogen is seen as key to reducing greenhouse gas emissions in power generation, hence integrating it Into the existing infrastructure, such as in gas turbines and natural gas pipelines. Such initiatives will support Qatar’s broader environmental goals and demonstrate its commitment to advanced energy technologies. As a result, the country is actively welcoming international investments to grow its private sector, while exploring the potential of emerging industries. Such industries include technology, clean energy, manufacturing, tourism and sports.

Moving towards decarbonisation, the country is reducing greenhouse gas emissions by preferring natural gas for power generation. Moreover, the country has launched solar power projects, including the Al Kharsaah Solar PV Power Plant, which will supply clean energy to over 200,000 households.

Furthermore, it is advancing sustainable ammonia production with the world’s largest blue ammonia plant, integrating Carbon Capture (CC) and Sequestration (CCS) technology, aiming to increase its CCS capacity by 400 percent by 2035. In aviation, Qatar Airways is committed to achieving net zero, with initiatives to increase the use of sustainable aviation fuel (SAF) to 10% by 2030.

Business Start Up Qatar offers a network of experts and specialists within the lifecycle of a business. We can offer expertise in Market Research and Assessment Qatar, Qatar Business Case, Qatar Business Model Development, Feasibility Study and Business Plan Qatar, Organizational and Operational Structuring Qatar, Qatar Sponsorship and Partnership, Company Formation Qatar among others.

Please click on the link to learn more about the State of Qatar as well as the initiatives of Business Start Up Qatar.

Other News

BSUQ News 72 - Thumb

Qatar witnesses impressive growth in non-oil sectors

Qatar’s non oil revenues are expected to outperform all industries after recording growth of 2.2% this year, according to a report by Fitch Solutions. The company also indicated that numerous industries...

Read more
BSUQ News 71 - Thumb

Qatar Free Zones Authority launch visa service office

Qatar Free Zones Authority (QFZ) and the General Directorate of Passports at the Ministry of Interior (MOI) have officially inaugurated the Ras Bufontas Free Zone Visa Service Office.

This strategic...

Read more
BSUQ News 70 - Thumb

Qatar’s agricultural sector expected to grow significantly

Qatar’s agriculture sector has experienced significant growth and is projected to reach approximately QAR 812 million (USD 223.1 million) by 2029 according to research by Mordor Intelligence.

As a...

Read more
BSUQ News 69 - Thumb

Qatar concludes Northern European tour building relations

Qatar recently concluded a European tour encompassing Norden countries Sweden, Norway and Finland with the aim of enhancing ties and exploring issues of mutual interest.

Commencing the visit in Sweden,...

Read more
BSUQ News 68 - Thumb

Qatar and Uzbekistan increase economic ties featuring ICT

Qatar and Uzbekistan have actively undertaken high-level state meetings this past year to discuss ways of increasing economic co-operation while enhancing trade ties.

Meetings have focussed on digital...

Read more
BSUQ News 67 - Thumb

Qatar`s QAR 65.5b North Field Expansion Targets Dominance

Qatar Energy is advancing its strategic position in the global natural gas market by prioritising its North Field West expansion project. The significant development, poised to enhance Qatar’s status...

Read more
BSUQ News 66 - Thumb

Qatar Financial Centre licences 505 new businesses in 2024

Qatar Financial Centre (QFC), the States onshore financial and business hub, has reported a substantial increase in new company registrations during the first half of 2024.

QFC registered 505 new firms...

Read more
BSUQ News 65 - Thumb

Qatar esports industry revenue projected at QAR 457.5 million

Qatar`s esports industry is flourishing and is projected to achieve revenue of up to QAR 457.5 million (USD 125.7 million) in 2024 according to a recent report from Statista.

The online platform specialises...

Read more

Page Break