Green Saudi Company for Carbon Services to focus on emission reduction

Saudi Electricity Company (SEC) recently announced a partnership and cooperation agreement with Petroleum, Chemicals & Mining Company Limited, a subsidiary of Saudi Binladen Group, to establish the Green Saudi Company for Carbon Services.

The company will aim to develop and manage carbon emissions reduction programs and aid in the fight against environmental pollution, SEC said in a news release. SEC CEO Ziyad Bin Mohammed Al-Shiha said in the release that the partnership is a major step forward on the road to emission reduction and pollution control, which are both key pillars in Kingdom Vision 2030 and the National Transformation Program 2020.

Al-Shiha said the company has already made numerous moves over the years to focus on environmental health and this is an additional step. The SEC has used software technology to reduce dependence on fuel, applied new technical standards in power plants, transitioned to a combined cycle system and accumulated experience in environmental issues, renewable energy and reduction of greenhouse gas emissions.

In 2016, the company’s actions and initiatives helped save more than 24.8 million barrels of fuel and 13 million barrels of diesel.