- Kuwait | 19 June 2023
What role can Energy & Beyond – HUB2ENERGY play in Kuwait’s energy sector?
Energy & Beyond – HUB2ENERGY, a Kuwait-based company, aims to play a significant role in Kuwait’s energy sector by focusing on sustainability and innovative solutions. With its international experience and a team of experts from around the world, the company aims to help clients capitalize on energy transition opportunities. Energy & Beyond specializes in supporting public policy and commercial decision-making, promoting the use of sustainable technologies in the oil and gas sector, and working at the intersection of innovation, social equity, environmental sustainability, and finance. By partnering with international companies, Energy & Beyond can effectively implement the best solutions and drive Kuwait’s sustainable energy transition.
How can Energy & Beyond contribute to Kuwait’s sustainability goals?
Energy & Beyond – HUB2ENERGY can contribute to Kuwait’s sustainability goals in several ways. Firstly, the company can provide expertise and support for renewable energy projects, guiding policymakers in developing sustainable energy policies and regulations that promote renewable energy sources. Additionally, Energy & Beyond can help reduce greenhouse gas emissions and support energy efficiency initiatives, such as building retrofitting programs and energy measures to lower energy consumption and carbon emissions. The company can also invest in clean energy technology and collaborate with local companies to foster innovation and solutions that align with Kuwait’s targets. With its expertise in energy transition strategies and development, Energy & Beyond can make a significant contribution to Kuwait’s journey towards a more sustainable energy future.
What is your strategy to grow Energy & Beyond’s footprint in Kuwait?
Energy & Beyond – HUB2ENERGY has a strategy focused on facilitating technology transfer and building a global network of partners and experts to assist Kuwait in accessing advanced clean energy technologies worldwide. The company aims to provide technical assistance and support for the transfer of these technologies, sharing best practices related to installation, training, and maintenance. By accelerating the adoption of sustainable energy solutions in Kuwait through these pillars, Energy & Beyond can contribute to the country’s transition towards a low-carbon economy. This strategy also aims to diversify Kuwait’s economy by creating new jobs and business opportunities in the energy sector. Energy & Beyond – HUB2ENERGY aspires to become a hub for innovation and technology transfer, fostering collaboration and knowledge sharing between its clients and industry experts in sustainable energy solutions, thereby strengthening its presence in Kuwait and the region.
How is Kuwait doing in terms of making its sustainability goals a reality?
Kuwait has made progress in setting sustainability goals and policies, but there is still work to be done to turn these goals into reality. The ambitious Vision 2035, along with reinforced commitments made in COP27, demonstrates Kuwait’s efforts to address climate change, pursue a more sustainable future, and increase the share of renewable energy in its energy mix. The country has taken positive steps towards diversifying its energy mix by investing in renewable energy projects, such as the landmark Shagaya project. Furthermore, sustainable initiatives like the Umm Al Hayman’s PPP project for wastewater treatment have been implemented. However, progress towards achieving sustainability goals has been slow due to Kuwait’s heavy reliance on oil and gas. Nevertheless, there is a growing recognition of the need for change and the importance of taking significant steps towards sustainability. Energy & Beyond – HUB2ENERGY sees green hydrogen as a significant player in helping Kuwait meet its goals and believes that Kuwait has the potential to exceed its target of generating 15% renewable energy by 2035. The company is committed to presenting innovative projects and initiatives to make this goal a reality and contribute to Kuwait’s journey towards a cleaner and more sustainable future. By working together and prioritizing sustainability, Kuwait can become a leading example of sustainable development in the region and beyond, paving the way for a better future for generations to come.