GREEN ECONOMY
Exciting and significant progress is being made in renewable energy in Kuwait, and companies expect only greater developments in the pipeline.
What is the current progress of the local renewable energy sector?
HAMaD R. ALRADHAN In recent years, Kuwait has been implementing several renewable energy technologies, solar being the most significant one. Different pilot projects have demonstrated the reliability and effectiveness of this power source in Kuwait, and we now are at a stage where large projects are essential to achieve the country's renewable energy targets. The Shagaya renewable energy park was developed by the Kuwait Institute for Scientific Research (KISR) in order to host a mix of technologies at utility scale. The park is expected to host more than 4GW of renewable energy capacity by 2030. Life Energy has played an important role in deploying many of the renewable energy projects in the past eight years. We have done more than 250 PV installations since our establishment and will continue to take an active role in the coming years to come.
DARIUSZ K. KOLASINSKI Energy efficiency is not much of a priority in Kuwait, and the country is only starting to take this issue seriously. Subsidies are given for electricity and water, so people lack substantial motivation for change. By establishing low-energy pilot projects, the government is showing the new generation of Kuwaitis that energy efficiency is a real tangible possibility. Instead of offering land and finance to build houses, the government can offer low-energy villas based on the model that we are now presenting. We are one of the participants in this project, and others are from industries such as energy-efficient building materials, LED lighting, home energy management systems, and modern air conditioning equipment. Given the cheap pricing of electricity compared to other countries, the private sector is not yet motivated to take action. As such, we can see that the government is leading the move toward the implementation of renewable energy sources, with the private sector waiting in the hope that it will possibly receive some form of subsidies.
How do you collaborate with existing buildings and infrastructure to limit energy consumption?
HRA Our company provides solutions to support the optimization of energy use in new and existing buildings. In Kuwait, the major part of the energy consumption is cooling, which reaches more than 80% of total peak demand in the residential sector. Efficient air conditioning systems while improving insulation will significantly reduce energy consumption. Lack of public awareness in energy conversation is a problem in Kuwait, and unfortunately, from a regulatory perspective, the building code does not promote the construction of efficient buildings. On the other hand, we have seen improvements where renewables are considered. For example, Kuwait's new airport is being built in an energy-efficient manner by implementing solar energy generation and using specific materials to help reduce energy wastage. The oil sector has been doing this for a while and cares about waste management and recycling and is now introducing renewables in several locations, including their operations. As an EPC contractor, we orientate our clients toward the right consultation depending on the needs. We can also help by offering our engineered solutions to apply the latest technology to support organizations and individuals in their green initiatives and interest in renewables.
What is your overall outlook on Kuwait's green potential?
DKK I was positively surprised after being invited to a presentation delivered by the Kuwait Green Building Council, which is a new initiative. The level of education delivered by this council and the sophistication of the message was impressive. Energy efficiency is a significant problem in this consumerist society that has a lot of waste and uneconomical consumption of resources. A number of Kuwaitis attended the event and got motivated by the message; these kinds of events and this type of education are crucial. At this stage, these initiatives are still in the developmental phase and not always backed by the government, however, universities and Kuwaitis who have returned after studying abroad are showing the majority of the enthusiasm. This is also in compliance with the Public Authority for Housing Welfare's programs. I am optimistic, which is why we are a part of the EU-GCC Clean Technology network, which started its activities last year in collaboration with Kuwait Society of Engineers. Such initiatives have educational merits and the ability to direct us toward the practical approaches to make decisive and influential decisions for a greener Kuwait.
GREEN ECONOMY
TABLE OF CONTENTS
Interview
Adel Abdul Wahab Al-Majed , Chairman, Kuwait Banking Association (KBA)
Through a broad array of information, specialized committees, staff expertise, and other resources, KBA supports Kuwait's banks as they perform their critical role in energizing the economy and helping communities thrive.
read articleInterview
Sheikh Dr. Meshaal Jaber Al-Ahmed Al-Sabah, Director General, Kuwait Direct Investment Promotion Authority (KDIPA)
KDIPA adopts a proactive approach to attract value-added direct investments supported by an integrated promotional strategy serving Kuwait's developmental goals in line with its National Vision 2035.
read articleCommuniqué
Legal Reform and Infrastructure Projects Spell Opportunity for Foreign Investors
Along with the introduction and modernization of new laws and regulations, the vision of His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to transform Kuwait into an international center for commerce and industry by 2035 is already being implemented through Kuwait's National Development Plan. Coupled with the promulgation of progressive FDI regulations, these new opportunities spell positive news for foreign companies looking to conduct business in Kuwait.
read articleFocus: Developing connectivity
Connecting the Dots
Today, connectivity is hardly indispensible for individuals and the companies where they work. Kuwait's smart cities, considered elsewhere in the book, will thrive on it, and meanwhile the nation continues to register notable business deals from the informatics sector.
read articleInterview
Khalid Abbas , Country Manager-Kuwait, Unilever
Contributing to the improved health and wellbeing of communities and reducing environmental footprint are key priorities for Unilever, which is committed to improving the health and wellbeing of up to 1 billion people globally by 2020.
read articleInterview
Mohammed Yousif Soud Al-Sabah , Board Chairman & Director, Public Authority of Agriculture Affairs and Fish Resources (PAAAFR)
PAAAFR has adapted a package of policies to face challenges inherent to deserts, hot climate, and water scarcity, bringing Kuwait closer to achieving national food security, one step at a time.
read articleInterview
Yang Chunsen, Vice President/ Chief Representative, China State Construction Engineering Corporation Middle East (CSCME) Kuwait
CSCME is a technology-driven company that leverages its R&D and long-standing partnership with the government to increase its participation in the future development of Kuwait.
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