Green Fuel Index places Saudi Arabia second in the list
AUSTRALIA, 23 May 2022: New research reveals that the United Arab Emirates has seen the 1st greatest increase in renewable capacity since 2011. The study by Compare the Market Australia analysed each developed country’s renewable energy capacity between 2011 and 2020, to reveal the countries with the greatest overall increases. The full report is available at:
https://www.comparethemarket.com.au/energy/features/2022-green-fuel-index/
According to the report, the countries with the largest increase in renewable capacity since 2011 are:
The nation that has seen its use of renewable energy increase the most is the United Arab Emirates, where renewable capacity has grown by almost 20,000% over the last decade, the report said. The UAE has traditionally relied on its plentiful supplies of oil but has recently made a big effort to shift away from fossil fuels, although just 7.2% of the country’s energy needs are met by renewable means, the report said.
According to the report, Saudi Arabia ranks second, another country that has had a strong reliance on oil for its energy needs. Saudi Arabia however has been pushing towards more renewable alternatives with an increase of over 13,000% in the last 10 years, the report said.
The Caribbean country of Barbados comes in third place, having increased its renewable energy capacity by 4,900%, the report said.
Each of the nations that have increased their renewable capacity the most are those that have developed renewable sources comparatively late to the rest of the world, the report said.
The report listed further insights:
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