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Saudi energy minister says focusing only on renewables a mistake


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These translations are done via Google Translate

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Saudi Energy Minister, Prince Abdulaziz bin Salman al-Saud, speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. REUTERS/Yves Herman
Saudi Energy Minister, Prince Abdulaziz bin Salman al-Saud, speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. REUTERS/Yves Herman

RIYADH, Feb 20 (Reuters) – The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic.

“The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin Salman during an energy event in Riyadh.

GLJ

He added that a lack of investments had caused energy prices to rise, but that Saudi Arabia was continuing to invest in production capacity.

GLJ



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