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 79 - Thumb - New

Qatars MoCI and Invest Qatar discuss private sector challenges

Qatars Ministry of Commerce and Industry (MoCI) recently joined forces with Invest Qatar to host the second annual Government Sector Forum. The Forum was attended by key government officials and saw participation...

Read more
BSUQ News 78 - Thumb - New

Qatar’s land transport sector Sees 75% surge in transactions

Qatar's land transport sector demonstrated remarkable growth in the first nine months of 2024 with the Ministry of Transport executing a total of 9,238 transactions. This marks a 17% increase from the...

Read more
BSUQ News 76 - Thumb - New

Qatar positioning itself as global business hub for investors

Qatar has established itself as a prominent global business hub, particularly in the real estate sector, reflecting the nation’s commitment to economic advancement and resilience. This dynamic market...

Read more
BSUQ News 75 - Thumb - New

Qatar`s TASMU Accelerator attracts over 640 applications

Qatar's Ministry of Communications and Information Technology (MCIT) recently closed registration for the 2024 cohort of the Smart Qatar - TASMU Accelerator programme. The scheme attracted over 640 applications...

Read more
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

Page Break