Saudi Arabia, US forge new pathways in energy cooperation with roadmap

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Saudi Gazette report

RIYADH — Saudi Minister of Vitality Prince Abdulaziz bin Salman met with Jennifer M. Granholm, US Secretary of Vitality, in Riyadh on Wednesday to propel the way forward for power cooperation between the 2 nations. This high-level dialogue is a continuation of the Partnership for Advancing Clear Vitality Settlement, initially signed on July 15, 2022, in Jeddah.

The ministers mentioned a broad spectrum of power sectors together with carbon administration, clear hydrogen, nuclear power, electrical energy and renewables, innovation, power sector provide chain resilience, and power effectivity. Additionally they reviewed Saudi Arabia’s important contributions to local weather motion by way of initiatives just like the “Saudi Inexperienced Initiative” and the “Center East Inexperienced Initiative,” emphasizing a dedication to a Round Carbon Economic system.

The discussions culminated within the signing of an in depth roadmap for power cooperation between Saudi Arabia and the US.

This important doc, underpinned by the 2022 Jeddah settlement, outlines a timeline and specifies key tasks the place each nations will collaborate. The roadmap goals to boost their partnership throughout varied power fields, facilitating a smoother transition towards clear and sustainable power options.

As outlined within the roadmap, each nations will interact in quite a few joint efforts, together with the alternate of coverage experience, enhancing regulatory frameworks, and boosting joint analysis and growth in rising applied sciences. A big focus can be on constructing human capital by way of in depth coaching applications and skilled exchanges to foster innovation and technical proficiency.

The excellent partnership framework encapsulated within the roadmap extends to numerous domains comparable to clear power manufacturing, Carbon Seize, Utilization and Storage (CCUS) applied sciences, and clear cooking options, amongst others. It additionally opens avenues for future cooperation in extra areas, aligning with every nation’s insurance policies, legal guidelines, and worldwide obligations.

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