The Saudi Ministry of Energy and NEOM have entered a deal to enhance cooperation in the energy fields.
According to the local reports, the MoU outlines the collaboration between the two sides to develop modern technologies in the energy sector, following applicable laws and regulations.
“ It also includes periodic monitoring and evaluation of achievements and areas of improvement, as well as providing technical and organisational solutions in areas such as renewable energy technologies, hydrogen, sustainability, and innovation,” said the firm.
Furthermore, the partnership aims to coordinate and integrate the two organizations with various energy system entities, including the Water and Electricity Regulatory Authority, the Nuclear and Radiological Regulatory Commission, the King Abdullah City for Atomic and Renewable Energy, and the Saudi Energy Efficiency Center.
NEOM will be powered by 100 percent clean energy through renewable solar, wind, and green hydrogen-based energy. The city is designed to be a blueprint for sustainable urban living with minimal environmental impact and enhanced livability.
It may be noted that NEOM’s Energy and water company, Enowa, is leading the world in solar power, wind technology, green hydrogen, future thinking & digital customer platforms, smart energy grids & AI, zero-carbon approaches, sharing best practices, and start-up acceleration.