ABB Saudi Arabia hosted the first Energy Efficiency Symposium in Riyadh with key industry leaders, our guest speaker Eng. Abdul Rahman Al Fadhel gave insights on achieving sustainable energy performance in business operations. The symposium featured interactive discussions among all stakeholders.
The following day the second Energy Efficiency Symposium took place in Khobar. An insightful presentation from Dr. Fahad Al-Sulaiman, PhD, PMP, CEM, CEA, LEED – Director IR center for renewable energy & power systems about energy efficiency initiatives & opportunities in Saudi Arabia followed by Dr. Azzedine Yahiaoui – Research Engineer, center of excellence in energy efficiency presentation about innovative technology in energy efficiency. Their valuable input supported our discussion about reducing carbon emissions. Guests from Aramco, Sabic, SWCC, Wttco and many others joined the symposium and actively participated in the discussions
Saudi Arabia energy efficiency symposium participants shared their company and personal vision towards energy efficiency and engaged in a group workshop to come up with ideas for a green future and plan towards sustainability. Participants highlighted how ABB products and solutions contributed in their energy efficiency journey.
“ABB #energyefficiencymovement is completely aligned with the kingdom’s Vision 2030 initiative. Industrial activities and processes consume nearly 45 percent of total generated electricity, according to the International Energy Agency. So, the potential for energy savings in industries and utilities is enormous, especially in systems utilizing electric motors. Our products portfolio can support the Kingdom of Saudi Arabia’s initiative to enhance energy efficiency mandates and with more companies joining the #energyefficiencymovement, we’ll be able to achieve significant results” said Abdullah Alotaibi, Vice President, ABB Saudi Arabia.
Launched in March 2021 by ABB, the #energyefficiencymovement is a multi-stakeholder initiative to raise awareness and spur action to reduce energy consumption, carbon emissions, and combat climate change. Companies are invited to join the movement and make a public pledge as a way of inspiring others to take action.
Energy efficiency is taking on greater urgency throughout industry as companies look for opportunities to decarbonize amid soaring energy costs and pressure from customers, employees and governments to make strides on sustainability. A recent survey commissioned by ABB found that energy efficiency is clearly top of mind for executives around the world. It revealed that 89 percent of industrial leaders surveyed will increase investment in energy efficiency of their operations in the coming five years, with 52 percent aiming to achieve net-zero emissions in that timeframe.
