Non-Oil GDP Share: 70.5% ▲ +9.5pp vs 2017 | QS Ranking — SQU: #334 ▲ ↑28 places | Fiscal Balance: +2.8% GDP ▲ 3rd surplus year | CPI Rank: 50th ▲ +20 places | Global Innovation Index: 69th ▲ +10 vs 2022 | Green H₂ Pipeline: $30B+ ▲ 2 new deals 2025 | Gross Public Debt: ~35% GDP ▲ ↓ from 44% | Digitalised Procedures: 2,680 ▲ of 2,869 target | Non-Oil GDP Share: 70.5% ▲ +9.5pp vs 2017 | QS Ranking — SQU: #334 ▲ ↑28 places | Fiscal Balance: +2.8% GDP ▲ 3rd surplus year | CPI Rank: 50th ▲ +20 places | Global Innovation Index: 69th ▲ +10 vs 2022 | Green H₂ Pipeline: $30B+ ▲ 2 new deals 2025 | Gross Public Debt: ~35% GDP ▲ ↓ from 44% | Digitalised Procedures: 2,680 ▲ of 2,869 target |
Encyclopedia

Renewable Energy

Definition of renewable energy and its growing role in Oman's power generation and hydrogen production.

Renewable Energy

Definition

Renewable energy is energy derived from natural sources that are replenished at a rate faster than they are consumed. Major forms include solar, wind, hydroelectric, geothermal, and biomass energy. Unlike fossil fuels, renewable sources produce little or no direct greenhouse gas emissions during operation.

Context

Oman’s renewable energy ambitions centre on solar photovoltaic and wind power, which take advantage of the country’s abundant sunshine and consistent coastal winds. Renewable capacity is being developed both for domestic electricity generation and for powering green hydrogen production.

Example

The Ibri II solar power plant, with a capacity of five hundred megawatts, generates clean electricity for Oman’s national grid, displacing natural gas that would otherwise be burned in conventional power stations.