Squeezed budgets from lower oil prices and rising energy demand will significantly heighten the demand and use of renewables and energy efficiency technologies in the Middle East.
That’s the key finding of a new white paper from Lloyd’s Register, based on an industry executive briefing at the Abu Dhabi International Petroleum Exhibition and Conference, where participants debated the challenge that regional economies face in establishing a cost-efficient low carbon future while not jeopardizing their energy economics and security.
Most participants were of the view that the growth of the low carbon market is not a threat to the prominence of …read more
