GCC Capex Wave Series: The rise in low-carbon capex
Published on30 NOV 2023
Topic:
Continuing on from their recently launched GCC Capex Wave Series, our Goldman Sachs Research analysts have released the second report in the series.
In this report, Goldman Sachs Research analysts see the region as well positioned to become a global clean energy hub thanks to its advantages such as low-cost positioning in energy, proximity to key import markets, and a constructive regulatory backdrop. They identify four key strategic areas to support the transition: phase-out of liquids in power generation through higher natural gas and renewables capacities, an expansion in clean fuel offerings through a growing focus on clean technology investments, and investments in the necessary infrastructure to support this transition.
