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A brief on Saudi Arabia’s Energy Efficiency Program (SEEP)

Abstract:
The Kingdom has witnessed unprecedented economic and industrial development in the last decades, which has led to an increase in the Kingdom’s domestic energy consumption. Based on the local energy consumption trends, forecasts indicate an increase in domestic energy consumption with a growth rate which could reach 4 per cent to 5 per cent annually until 2030. Although this growth in demand is partially attributed to the industrial growth and growing economic prosperity in the Kingdom, a rather significant portion of it results from the inefficient use of energy; deeming this accelerated growth unsustainable. Whereas the vast majority of countries have managed to lower the energy intensity of their economies, the Kingdom’s energy intensity increased significantly over the last two decades. Hence, it is a strategic imperative for the Kingdom that energy efficiency becomes a major topic for all decisions related to an increase in demand for fuel and feedstock.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher:
Oxford Institute for Energy Studies
Journal:
Oxford Energy Forum More from this journal
Issue:
96
Pages:
4-7
Publication date:
2014-06-16
ISSN:
0959-7727


Language:
English
Keywords:
Pubs id:
2078805
UUID:
uuid:3b7cf4b5-2bac-407c-b77f-7edb96dd6864
Local pid:
pubs:2078805
Deposit date:
2015-04-24
ARK identifier:

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