Access the Rise of renewables in the Gulf region report to learn more about: 

• Massive renewable growth: Variable renewable electricity generation in the Middle East and North Africa region is set to grow 14-fold by 2040, driven by mega projects in solar and solar-plus-storage because it is the cheapest and quickest power source to install. By 2060, 92% of electricity generation will be non-fossil, up from 14% in 2024, and 35% of energy demand will be supplied by electricity, up from 17%.
  
  
• Surging electricity demand: Total electricity demand will triple by 2060 in the MENA region. Towards 2040 new demand will initially come from buildings, in particular space cooling, and desalination, but from 2040 to 2060 the demand growth will be in new electricity-intensive sectors, AI data centers, EVs, and green hydrogen. Existing industries face carbon compliance pressures, further accelerating renewable adoption.
  
  
• Advanced grid infrastructure: The Gulf’s modern grid supports rapid renewable growth without the bottlenecks seen elsewhere in the world, at least for the next decade. Post-2035, grid upgrades will be critical to sustain expansion.
  
  
• Energy transition timeline only starts at 2040: Due to the abundance of oil and gas, the region’s true green shift will only begin in 2040. After this, renewable generation will increase faster than new electricity demand, marking the tipping point of fossil-fired displacement.