Kuwait is on track to use alternative sources to meet 15% of its energy needs.
The country's Oil Minister and Minister of Electricity and Water, Bakheet Al-Rashidi, said state plans to depend on alternative energy would be completed before 2030.
After concluding a meeting to discuss electricity and water rationalisation by the state bodies, the minister called for cooperation with the Public Authority for Housing Welfare (PAHW).
Al-Rashidi called for use of photoelectric panels to generate power in the new schools being set up in residential areas.
The undersecretary of the Ministry of Electricity and Water, Eng Mohammad Bushehri, said the authority had agreed with the Ministry of Public Works to commit contractors constructing the latter's facilities to install photoelectric panels.
These panels will meet between 15% and 20% of each building's power needs, KUNA reported.
The GCC will require $131bn worth of investment in electricity generation, transmission, and distribution over the next five years to cope with increasing demand from population growth, climatic changes, and expanding economies.
According to the GCC Power Market Report by Middle East Electricity (MEE), despite the GCC’s current power-generating capacity of 157 gigawatts (GW), it still requires $81bn investment for another 62GW of capacity and $50bn for additional transmission and distribution.
The GCC's power-generation capacity currently equates to about 43% of all Middle East and North Africa's.
Kuwait requires the third-largest investment, with $8.4bn needed for generation and $5.2bn for transmission and distribution, followed by Oman at $6.8bn and $4.2bn respectively.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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