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The Middle East's Next Energy Boom Has Nothing to Do With Oil

OilPrice.comUnited Arab Emirates

A new Middle East energy system came into view at the Energy Trading Week Middle East conference in Dubai last month. The region’s world’s-lowest costs for solar energy appeared with enormous potential to transform how countries consume and export energy in low-carbon products. “Renewable power is actually very competitive now, so the spotlight for this region when it comes to energy transition is around three low carbon products," said Saravanan Manivel, Director for Low Carbon Fuels at ENGIE Global Energy Management & Sales.…

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