What is Kuwait's new solar strategy?

In addition to large-scale projects, the strategy will allow Kuwaiti citizens to install rooftop solar panels and sell excess energy to the state, the minister explained, as quoted by Kuwait News Agency. Hajraf has been replaced in the new Cabinet by Mahmoud Bushehri.

Why does Kuwait need liquefied natural gas & electricity?

Kuwait is in dire need of diversifying its energy sources to alleviate pressure on the national electricity grid, which is struggling to meet soaring demand, particularly during the peak summer season. This has forced Kuwait to become an importer of liquefied natural gas and electricity to avoid blackouts.

Is Kuwait a laggard in the energy transition?

Kuwait, Opec’s fifth-largest oil producer but long a laggard in the energy transition, is taking steps to catch up with its neighbouring Gulf states and ease reliance on falling oil revenues.

Does Kuwait have a renewables market?

Electricity is also heavily subsidised, which has limited the development of Kuwait’s renewables market. Kuwait holds about 7 percent of global oil reserves and has one of the lowest crude oil production costs of around $10 per barrel.

What does a May 12 Emiri decree mean for Kuwait?

A May 12 emiri decree provided the names of those comprising the new government, which retained the key oil and finance portfolios from the previous Cabinet and introduced new faces. Kuwait, which holds around 6% of global oil reserves, relies on oil exports for around 90% of government revenue and is very exposed to oil price volatility.

What if Kuwait's power projects are stalled?

In the meantime, Kuwait has become dependent on LNG imports and is seeking 500 MW of electricity imports this summer via the Gulf Cooperation Council Interconnection Authority interconnector. Officials have warned of repeated annual power crises if major capacity projects remain stalled.