Energy Backwardness

Abdulaziz Alhouti:

It cannot be dismissed that Saudi Arabia is actually investing on renewable energy. However, the investments are heavily allocated towards developing the required infrastructure by foreign companies, as opposed to allocating investments towards researching and developing by domestic companies. The fact that foreign countries are contracted to develop and establishes energy in Saudi Arabia should be a flag to Saudi policy makers to rethink their position in the global energy industry.

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