RIYADH, Saudi Arabia – The transition away from fossil fuels towards clean energy is complicated and the world needs to be flexible to avoid sacrificing energy security, Saudi Arabia’s energy minister said on Wednesday, January 12.
The minister said he was still worried about the energy transition and that it needed to be thought through carefully. Saudi Arabia said more than a decade ago that it was considering developing its own nuclear power program but it has yet to build any nuclear plants. Prince Abdulaziz said that Saudi Arabia would be manufacturing and developing uranium.
He said Saudi Arabia would be publishing its energy strategy soon and that it was well-placed to become the cheapest producer of so-called green hydrogen.
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