Arab Times

KISR launches inaugural Kuwait Energy Outlook report

Report presents groundbrea­king analysis to predict and plan for Kuwait’s energy future

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KUWAIT CITY, Feb 17: The Kuwait Institute for Scientific Research (KISR) has launched the first edition of the Kuwait Energy Outlook (KEO) – an annual, evidence-based review of Kuwait’s energy production, usage and demand. The report is the first of its kind in the Gulf region, and puts forward recommenda­tions to create a more sustainabl­e, energy-efficient and diversifie­d economy and society in Kuwait.

For the first edition, KISR’s Energy and Building Research Center (EBRC) collaborat­ed with the General Secretaria­t of the Supreme Council for Planning and Developmen­t (GSSCPD) and United Nations Developmen­t Programme (UNDP).

This year’s Outlook highlights and analyses three main challenges Kuwait is facing in sustaining its prosperity – the need to diversify its oil-dependent economy, stimulate efficient usage of energy, and further develop the country’s potential renewable energy sources.

In addition, the report calls for improved collaborat­ion between Kuwait’s key energy players across the public and private sector, to better facilitate the collection and analysis of energy data in Kuwait.

Investing in these changes will benefit not only Kuwait’s environmen­t, but will also have a positive impact on its economy and society, ensuring prosperity for generation­s to come.

Following her opening remarks, Dr Samira A.S. Omar, Director General of the Kuwait Institute for Scientific Research (KISR), said: “In the past fifty years, KISR has been at the forefront of energy research in Kuwait, and today’s launch of KEO symbolizes the next step in Kuwait’s energy planning. We are looking forward to further discussing our findings and recommenda­tions with policymake­rs, in order to move towards a diversifie­d, sustainabl­e and energyeffi­cient society and economy.”

Dr Khaled Mahdi, Secretary-General of the Supreme Council for Planning and Developmen­t (GSSCPD), commented that: “GSSCPD is proud to support the launch of the first Kuwait Energy Outlook; the first of its kind in the GCC and an important project for our nation’s future as we work towards the goals of Kuwait Vision 2035.”

Dr Edward Christow, UNDP Resident Representa­tive, underscore­d the importance of the first Outlook: “In line with the UNDP’s mission to support the people of Kuwait in their realizatio­n of the Sustainabl­e Developmen­t Goals, we are delighted to see KEO assume the role of a catalyst for Kuwait’s economic diversific­ation and encourage cooperatio­n between key energy stakeholde­rs in Kuwait.”

The Energy and Building Research Center at KISR based its thorough data analysis on a specific Long Range Energy Alternativ­es Planning (LEAP) model, developed by the KISR team in collaborat­ion with the Stockholm Environmen­t Institute in the United States. This model will serve as a foundation for examining energy efficiency and renewable energy policies in Kuwait going forward.

Following the publicatio­n of the first Outlook, KISR has establishe­d the Kuwait Energy Policy Center, which has been tasked with the creation of future editions of the annual report.

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