May. 2 at 2:33 PM
$IPWR more and more I’m reading about countries increasing investment in renewable energy and infrastructure as a result of the war.
“the power system [will be] switched from centralised to decentralized, through the greater integration of energy storage systems (ESS) into the energy mix”
https://www.pv-tech.org/south-korea-almost-triple-renewable-energy-capacity-100gw-2030/
The six Gulf Cooperation Council (GCC) countries—Saudi Arabia, UAE, Oman, Qatar, Kuwait, and Bahrain—are aggressively transitioning toward renewable energy, with projections indicating they could reach around 30% renewable capacity in their power mix by 2030. This will require significant investment in infrastructure and technology.
This shift is supported by a planned
$100 billion investment in renewable projects to increase capacity, which is expected to triple within five years.