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MENA NOCs secure influence in low-carbon future
Regional state-owned firms are transforming their strategies and leveraging their resources to position themselves as clean energy powerhouses, and to ensure they maintain influence in a low-carbon world
Saudi Arabia's path to transition, part 3: Closing the gap
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
Saudi Arabia's path to transition, part 2: Energy addition
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
Saudi Arabia's path to transition, part 1: Energy diversification
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
Aramco’s Nasser says energy security and sustainability can co-exist
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Middle East energy transitions continue apace
Renewables, desalination and hydrogen are all attracting official support and investment
Saudi Arabia
Nawaf Bin Awshan
22 November 2024
Follow @PetroleumEcon
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Saudi Arabia's path to transition, part 3: Closing the gap

The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE

A composite index, called the Energy Transition Advancement Index (ETAI), has been developed to compare Saudi Arabia’s progress in the energy transition with that of the UAE and Norway, which are oil-producing economies. The ETAI provides a holistic overview of the energy transition in those countries. It assesses the ongoing performance of each country in terms of its transition. Nonetheless, it also examines the countries’ capability to transition. The ETAI has two sub-indexes: performance and capability. Each of these two sub-indexes has indicators. The performance sub-index has two indicators, while the capability has four. In total, there are 39 dimensions: five in the economic developm

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