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Saudi Arabia Energy Information

2019 Saudi Arabia Key Figures

Population: 34.4 million
GDP growth rate: 0.33 %/year
Energy independence: 100%

* at purchasing power parity
Total consumption/GDP:* 111 (2015=100)
CO2 Emissions: 15.5 tCO2/capita
Rate of T&D power losses: 9.58%

Saudi Arabia Related News

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Saudi Arabia Related Research

Total Energy Consumption

Consumption per capita is very high, reaching 6 toe in 2019, including about 8 MWh of electricity.

Total energy consumption has been declining compared to 2015, despite a +1% increase to 207 Mtoe in 2019, due to subsidy cuts and economic slowdown among others. Before that, it increased rapidly until 2015 (6%/year since 2000), driven by high sustained economic growth, combined with low energy prices.

Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

Interactive Chart Saudi Arabia Total Energy Consumption

Crude Oil Production

Saudi Arabia is the second largest oil producer in the world behind the United States, with 545 Mt in 2019 (crude oil and NGL). Production has increased by 18% since 2010 (+30% since 2000) and is dependent on OPEC production cuts. It decreased by 5% in 2019. Crude oil represents more than 80% of the total production, while the rest is made up of NGLs.

Interactive Chart Saudi Arabia Crude Oil Production

More research: EMEA Refineries Dataset

Renewable in % Electricity Production

KACARE oversees renewable programmes. In 2019, it announced the objective of reaching 60 GW of renewables by 2030, of which 40 GW from solar. Prior to that, the "Saudi Vision 2030" program aimed at generating 10% of its total production from renewable sources by 2023, which implied the deployment of 9.5 GW of capacity from solar and wind.

Interactive Chart Saudi Arabia Share of Renewables in Electricity Production (incl hydro)

CO2 Fuel Combustion/CO2 Emissions

According to its Nationally Determined Contribution (NDC), Saudi Arabia intends to achieve a reduction in emissions of 130 MtCO2eq by 2030 as compared to a BAU scenario.

In October 2019, the energy minister announced that the country was considering the future implementation of a carbon trading scheme.

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