The "Saudi Arabia's Vision 2030" sets among other goals an initial target of generating 9.5 gigawatts of renewable energy by 2023 (timeline was specified on 5 May 2016 by Saudi Government).The vision also foresees other measures to build a competitive renewable energy sector, such as localising a significant portion of the renewable energy value chain inside Saudi economy, including research development and manufacturing, and gradually liberalising the energy market. The "King Salman Renewable Energy Initiative" is also to be launched to support reaching the 9.5GW goal. Derived from the Vision plan 2030, the government launched the National Transformation Programme (NTP). The first phase ran from 2016 to 2020. Now, in this second phase, NTP is responsible for 7 dedicated themes that include 34 strategic objectives. Amongst the themes, there are topics such as "Reduce all types of pollution", "Ensure Sustainability of Vital Resources" and "Protect and Rehabilitate Natural Resources".
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Saudi Arabia's Vision 2030 and its delivery plan
Sectors: Economy-wide, Energy
Main document
Vision 2030
PDF
Other documents in this entry
National Transformation Program Delivery Plan 2021-2025
supporting documentationPDF
Timeline
ShowNote

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