Minister of Energy: There is no ready-made recipe for transitioning to green energy

Prince Abdulaziz bin Salman, Minister of Energy, stressed that the transition towards green energy must be subject to practical and realistic controls.

He explained, during his participation in the open forum within the work of the special meeting of the World Economic Forum held in Riyadh, that the world will need all energy sources in the coming period, noting that there is no ready-made recipe for transitioning to green energy that everyone must adhere to.

He pointed out their readiness to work with everyone, saying, “We have no objection to partnering with everyone. We are ready to transport these molecules, especially hydrogen in the form of ammonia, through pipes, but we face challenges, including a lack of clarity in policies, incentives, and the requirements for developing these technologies.”

The open forum, hosted by Riyadh at the Ritz-Carlton Hotel, aims to enhance dialogue between thought leaders on several topics, including environmental challenges, the role of the arts in society, entrepreneurship, artificial intelligence, digital currencies, digital cities, and mental health. The forum will also provide a suitable opportunity for students. Entrepreneurs and young professionals.