this post was submitted on 02 Jan 2024
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World’s Biggest Solar Thermal Plant To Be Built In Saudi Arabia (www.forbes.com)
submitted 9 months ago by PanArab@lemmy.world to c/technology@lemmy.world
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[–] joyjoy@lemm.ee 15 points 9 months ago (1 children)

The less oil they burn, they more they can sell to the West.

[–] Wanderer@lemm.ee 9 points 9 months ago (1 children)

I assure you they have no issue with that.

They could probably double their output if they wanted. But they don't, they want high prices not more oil.

[–] PanArab@lemmy.world 1 points 9 months ago

Saudi Arabia has a policy to reduce oil consumption locally. The government subsidizes power to the people, so if solar/wind is cheaper they will be adopted as it will save the government money.