Oman Daily Observer

Oman’s decarbonis­ation: An energy transition

- FADI AL SHIHABI The author is the ESG Services Leader at KPMG Lower Gulf

As the world is moving towards net zero carbon, Oman is also taking steps towards the same goal. Oman has set an ambitious target of achieving net-zero carbon by 2050. This target is in line with the Paris Agreement and reflects the country’s commitment towards sustainabl­e developmen­t.

The energy transition trends towards net-zero in Oman are visible in the various initiative­s taken by the government and the private sector. For example, the government has initiated a number of renewable energy projects such as the 1 GW solar power plant in Manah and the 500 MW solar project in Ibri. These projects are aimed at increasing the share of renewable energy in the energy mix of the country.

Oman has started exploring the potential of hydrogen as a clean energy source. The private sector is also taking steps towards decarbonis­ation, with companies such as Petroleum Developmen­t Oman (PDO) setting their own targets of achieving net-zero emissions by 2050.

Additional­ly, local small and medium-sized enterprise­s (SMES) can play a significan­t role in achieving the net-zero goal, as they contribute significan­tly to Oman’s economy and can adopt best practices to move towards the goal of decarbonis­ation.

In this regard, they can start by conducting an energy audit to identify areas where energy can be saved, and then build on that.

They can invest in energyeffi­cient technologi­es such as LED lighting, solar water heaters and energy-efficient air conditioni­ng systems. SMES can switch to renewable energy sources such as solar or wind power. Adopting circular economy principles such as these, can help Omani SMES reduce waste and emissions.

The Government of Oman has taken practical steps towards regulating the transition towards net-zero. For example, the Oman Environmen­tal Services Holding Company (be’ah) launched a programme to reduce carbon emissions from landfills. The initiative aims to capture methane emissions from landfills and using it to generate electricit­y.

Furthermor­e, the government has introduced regulation­s to promote energy efficiency in buildings — requiring all new buildings to meet energy efficiency standards.

Oman is already investing heavily in research and developmen­t of renewable energy and green hydrogen, with a key example being Sultan Qaboos University’s Renewable Energy Research Centre which is working on developing new technologi­es for solar and wind power, and energy storage.

As a result, Oman launched a programme to promote the use of green hydrogen as a clean energy source, involving the establishm­ent of a hydrogen refuelling station and the developmen­t of a green energy powered bus.

Beyond government initiative­s, research and developmen­t in new technologi­es can equally be driven by the private sector. PDO for example, has set up an Energy Innovation Centre to develop new technologi­es in areas such as carbon capture and storage, green hydrogen production and renewable energy.

Oman’s commitment towards achieving net-zero emissions by 2050 is commendabl­e and is evident in a multitude of ways. We see clear energy transition trends towards net zero in Oman through a variety of initiative­s taken by the government and the private sector alike.

The government is ramping up efforts towards net-zero through regulation­s and incentives and it is clearly producing highly positive results.

Research and developmen­t in new technologi­es is one of the ways Oman can contribute to net-zero carbon emissions, an essential step towards achieving the 2050 net-zero goal. With heavy investment­s into areas such as renewable energy and green hydrogen, it is clear the private sector can be a driving force behind new technologi­es in the field.

Therefore, achieving the netzero goal in Oman will require a collaborat­ive effort between government, the private sector and society as a whole.

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