The Middle East’s next energy advantage won’t be built on capacity alone

“The Middle East’s next energy advantage won’t be built on capacity alone”

Across the GCC, investments are being made in increasing the capacity and diversifying the energy mix as well as critical infrastructure. This is clearly shown by the UAE’s Energy Strategy 2050 through which the UAE plans to make investments worth Dh150-200 billion by 2030. However, considering the geopolitics of the day, increased demand and constraints on operational cost, the question is not only how much capacity can be built. It is about how smartly this capacity will be invested in,…