The government and its energy arms have shown sincerity towards achieving the goals by signing letters of cooperation and memoranda of understanding.
Its true spirit for green energy reflects in its decision to incentivise the green energy industry through tax waivers and in-country value generation to ensure the sustainability of ongoing and future projects.
If things go as per current plans, the Sultanate of Oman will be able to produce around 30 gigawatts (GW) of renewable energy in the coming years.
The whole world is going after reducing dependence on fossil fuel and traditional forms of energy to cut carbon emissions and their adverse impact on the environment.
With technological advancements in the energy sector, renewable energy options would be cheaper with access to a larger audience, which in turn would support the cause of the environment.
With the mass production of green energy, also called clean energy, there are chances that nature will have some relief from industrial pollution and more and more people will have access to green energy globally.
The Sultanate of Oman has shown seriousness towards international norms for clean energy.
It is in agreement with countries like the UK, France, South Korea, the US, the Netherlands and many others to ensure the adoption of the best practices in the green energy sector.
The country’s energy arms, like Petroleum Development Oman (PDO), Oman LNG, and OQ, have dedicated green energy departments to take the lead while striking a balance between traditional, modern and green energy sources. The government is looking at the brighter side of incentivising the green energy sector. Besides promising safety to the environment, it could boost market competitiveness through the decrease in energy use in the production of goods and services.
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