%PDF-1.3 1 0 obj << /Type /Catalog /Outlines 2 0 R /Pages 3 0 R >> endobj 2 0 obj << /Type /Outlines /Count 0 >> endobj 3 0 obj << /Type /Pages /Kids [6 0 R ] /Count 1 /Resources << /ProcSet 4 0 R /Font << /F1 8 0 R /F2 9 0 R /F3 10 0 R /F4 11 0 R >> /XObject << /I1 14 0 R >> >> /MediaBox [0.000 0.000 612.000 792.000] >> endobj 4 0 obj [/PDF /Text /ImageC ] endobj 5 0 obj << /Creator (DOMPDF) /CreationDate (D:20180419113505+00'00') /ModDate (D:20180419113505+00'00') /Title (Report 04-2018) >> endobj 6 0 obj << /Type /Page /Parent 3 0 R /Annots [ 12 0 R ] /Contents 7 0 R >> endobj 7 0 obj << /Length 2691 >> stream 1.000 1.000 1.000 rg 45.266 354.939 521.469 391.795 re f 0.773 0.773 0.773 RG 0.75 w 0 J [ ] 0 d 45.641 355.314 520.719 391.045 re S 0.773 0.773 0.773 rg 61.016 370.689 m 550.984 370.689 l 550.984 371.439 l 61.016 371.439 l f 0.000 0.000 0.000 rg BT 61.016 695.342 Td /F1 13.5 Tf [(One thing we have learnt this week Saudi renewables programme)] TJ ET 0.400 0.400 0.400 rg BT 61.016 666.755 Td /F2 9.0 Tf [(Posted on )] TJ ET BT 104.045 666.755 Td /F3 9.0 Tf [(February 24,2017)] TJ ET BT 177.584 666.755 Td /F2 9.0 Tf [( by )] TJ ET BT 192.092 666.755 Td /F3 9.0 Tf [(admin)] TJ ET q 225.000 0 0 126.000 61.016 522.057 cm /I1 Do Q 0.000 0.000 0.000 rg BT 286.016 547.257 Td /F4 9.0 Tf [(Saudi Arabia is relaunching its Saudi renewables programme. An )] TJ ET BT 61.016 513.266 Td /F4 9.0 Tf [(announcement was made last year but but nothing much has happened since then. The programme is still relatively small )] TJ ET BT 61.016 502.277 Td /F4 9.0 Tf [(with bids being invited for 400MWp of wind and 300MWp of solar. The Saudis include nuclear as renewables \(which I )] TJ ET BT 61.016 491.288 Td /F4 9.0 Tf [(don't\). The thought of providing enough cooling water for this in such a hot part of the world as well as one that is so )] TJ ET BT 61.016 480.299 Td /F4 9.0 Tf [(politically unstable makes this seem a nightmare to me. A nuclear programme is also pressing ahead though. So what is )] TJ ET BT 61.016 469.310 Td /F4 9.0 Tf [(going on? Has Saudi Arabia decided the oil age is over? Are they running out of oil? As this blog has covered before the )] TJ ET BT 61.016 458.321 Td /F4 9.0 Tf [(country is uniquely dependent on oil and gas for its electricity consumption \(especially gas which overlies their oil\). )] TJ ET BT 61.016 447.332 Td /F4 9.0 Tf [(Electricity is really cheap being at a very maximum 6.9cents a kWh. This makes it difficult for renewables to compete, but )] TJ ET BT 61.016 436.343 Td /F4 9.0 Tf [(the costs are heavily subsidised. The low price has led to electricity demand soaring by up to 8% a year. One possible )] TJ ET BT 61.016 425.354 Td /F4 9.0 Tf [(reason for the Saudis continuing to pump oil at low prices is they need the electricity. By 2030 unless something gives )] TJ ET BT 61.016 414.365 Td /F4 9.0 Tf [(they will use almost all their oil domestically for electricity production. Hence their Saudi renewables programme and our )] TJ ET BT 61.016 403.376 Td /F4 9.0 Tf [(interest in it, since without Saudi oil peak oil will be back. Neil )] TJ ET 0.400 0.400 0.400 rg BT 61.016 384.887 Td /F2 9.0 Tf [(Posted in:One Thing We Have Learnt This Week,Peak Oil,Renewables | | With 0 comments)] TJ ET endstream endobj 8 0 obj << /Type /Font /Subtype /Type1 /Name /F1 /BaseFont /Helvetica-Bold /Encoding /WinAnsiEncoding >> endobj 9 0 obj << /Type /Font /Subtype /Type1 /Name /F2 /BaseFont /Helvetica-Oblique /Encoding /WinAnsiEncoding >> endobj 10 0 obj << /Type /Font /Subtype /Type1 /Name /F3 /BaseFont /Helvetica-BoldOblique /Encoding /WinAnsiEncoding >> endobj 11 0 obj << /Type /Font /Subtype /Type1 /Name /F4 /BaseFont /Helvetica /Encoding /WinAnsiEncoding >> endobj 12 0 obj << /Type /Annot /Subtype /Link /A 13 0 R /Border [0 0 0] /H /I /Rect [ 61.0157 522.0568 286.0157 648.0568 ] >> endobj 13 0 obj << /Type /Action /S /URI /URI (http://www.theoillamp.co.uk/wp-content/uploads/2016/04/Rub_al_Khali_002.jpg) >> endobj 14 0 obj << /Type /XObject /Subtype /Image /Width 300 /Height 168 /ColorSpace /DeviceRGB /Filter /DCTDecode /BitsPerComponent 8 /Length 11271>> stream JFIFHHJFile source: http://commons.wikimedia.org/wiki/File:Rub_al_Khali_002.JPG XICC_PROFILE HLinomntrRGB XYZ  1acspMSFTIEC sRGB-HP cprtP3desclwtptbkptrXYZgXYZ,bXYZ@dmndTpdmddvuedLview$lumimeas $tech0 rTRC< gTRC< bTRC< textCopyright (c) 1998 Hewlett-Packard CompanydescsRGB IEC61966-2.1sRGB IEC61966-2.1XYZ QXYZ XYZ o8XYZ bXYZ $descIEC http://www.iec.chIEC http://www.iec.chdesc.IEC 61966-2.1 Default RGB colour space - sRGB.IEC 61966-2.1 Default RGB colour space - sRGBdesc,Reference Viewing Condition in IEC61966-2.1,Reference Viewing Condition in IEC61966-2.1view_. \XYZ L VPWmeassig CRT curv #(-27;@EJOTY^chmrw| %+28>ELRY`gnu| &/8AKT]gqz !-8COZfr~ -;HUcq~ +:IXgw'7HYj{+=Oat 2FZn  % : O d y  ' = T j " 9 Q i  * C \ u & @ Z t .Id %A^z &Ca~1Om&Ed#Cc'Ij4Vx&IlAe@e Ek*Qw;c*R{Gp@j>i  A l !!H!u!!!"'"U"""# #8#f###$$M$|$$% %8%h%%%&'&W&&&''I'z''( (?(q(())8)k))**5*h**++6+i++,,9,n,,- -A-v--..L.../$/Z///050l0011J1112*2c223 3F3334+4e4455M555676r667$7`7788P8899B999:6:t::;-;k;;<' >`>>?!?a??@#@d@@A)AjAAB0BrBBC:C}CDDGDDEEUEEF"FgFFG5G{GHHKHHIIcIIJ7J}JK KSKKL*LrLMMJMMN%NnNOOIOOP'PqPQQPQQR1R|RSS_SSTBTTU(UuUVV\VVWDWWX/X}XYYiYZZVZZ[E[[\5\\]']x]^^l^__a_``W``aOaabIbbcCccd@dde=eef=ffg=ggh?hhiCiijHjjkOkklWlmm`mnnknooxop+ppq:qqrKrss]sttptu(uuv>vvwVwxxnxy*yyzFz{{c{|!||}A}~~b~#G k͂0WGrׇ;iΉ3dʋ0cʍ1fΏ6n֑?zM _ɖ4 uL$h՛BdҞ@iءG&vVǥ8nRĩ7u\ЭD-u`ֲK³8%yhYѹJº;.! zpg_XQKFAǿ=ȼ:ɹ8ʷ6˶5̵5͵6ζ7ϸ9к<Ѿ?DINU\dlvۀ܊ݖޢ)߯6DScs 2F[p(@Xr4Pm8Ww)KmC     C   ,"I !1AQ"aq2B#Rbr3C$4ScsE񓤲*1!AQ"2BRaqC ?X Al|m+ ܔ#Xm+ 6AR(jާR(e,@5 -jzePR5QBӚZřlI"ȰEeK ,t6,KNKcI؞d9h'zIbV56cNK3I,YbNHtidKs>s>Y/t۬\b-CyJ?唳DG/EGq ]NBIrhyoZxH[񺘢 wy䵏"\] 5Ab6␱tnX)覎1$Od;p{duc>irҜ:MP2,ŀj"qVQRK $!#Qh"t3I!,@AFH,,@QۤP8!܎rHvjr ۡn1 ̲18%2SbE 6H)@<H|nc:>nUmh-u 3T,\KP} p.'S8 x8|/u7Cp`h/54XJӘ!ObM2ǥhQoGo;%Sb՛[-ےGSϏS_=FV]&21}5tZ\ehJr0*2c=ݏmVr{LhLcghllbGBЁw].#% v9Bj;*"u((뤁f d7Iick n\y*vM 7/h%JaDT/(sz͖a'M>k=O7PI-(.cxvJ6Sέrn1g`|ն~/\W ֱ> )T31p$ܮq}I>rBMIAy[vx(0tok]Wʴ{YJM;F'OѸ0]tT%)&o]{ yi ]a܎zfTE$L9^]ɶwZ:@˂ӚkJlWG1KP6sUVߩ//(lq\0(e=퐃,#ټf=[6#G 0}L-RGQި.=eCp׈cy\OGpl1[Z#Ԫ4Ԟn[]SOIP7eG9CR(bnk'Xv=@u+h=FTbL8RKjy}p#ky\U:KIy{ %e:'F;KE2@@ O''26&2<LjNe˸i*=AC·O Hh]TOU Vx&7 7uA=V_q4MkJ-Jeq5;JxЏ4yK=!\/0ib8mk~fX^o9Z-"6C0v%vChK~N)xlunة4\s][-#@Z0wƘ]A]OXd# sd- H|qk\۔G$bΏ8V:XkQ׾]R-m$n'Xu/ DVN(uaAPYG2XQb0 ;hE )s URa`m*J:%KTJ* p@F{A :;x b!5K &ꞥ(EV yйl|׹ےkôBĪVa w,deDTvc7Ii:;I>-%}{-] czn0y8pޙ$|VYQLwAP5%;8168"n/ pAI#l )J:Uc<{FcQ&G38:T'sE;`ڢӲWKUvv|nPa&U lJ[Ca$UH-Wr$Y fsx|4C,[\XEAP_?e=٢'k(bkuK!,zeu Ht%(q^➆pEA+<.a_I3uD*$96) ,mZiw%[=FbxS'u]6^^?7?W@M:me~A }| KO{~hkbhVW9vnj^_/tk_it~R ֔ p20]yzny'M9mMcZװNb:#B: [kp -*W#an% $naڜEnGNr f,i)xcVn Edq,Sڹ{wWI$U᧵2sx*rXStXϴP;&j0ɻh!.Maךx#wb1bF@8<]:1aYG{nyxJ/ [-@|5;XXxPպ̪{/30 ]sz)QhpN2Q?/ s40{ GvW 'ZSLNQN5I~(b:@j0A'Q$^讐CtK4#e; fVXdI`#n¹4z@nŊ8dr5#oaSTZ/xSxXv<'lE|тT&!>%IâkϿ~_YƸfHbȶ Osb sT|Ք.VRKr^ lr!wPz.!w)P];'{%hp* CwgQ-7KElV]:X8[j,ງiʈP|,:zZ|w:N)ƫՆm/{x QCSLU%E'{@kvd{1sZlrIHD5v{G6hM䭸ٮjm&$߷qۓwFf}as$l ,}~6@]K }|vWyk8npP1nԩ%&g/eKQ'g&:%]7WpLCwqUbԧsi<deldPN~snHIԨWm^B5=i&MJzPCuECs֖z}i F"?\b:X~jG,7@uxyWSH᷹)-ĴC@y'pO `DZC"ㅶ ɻ:R7ynZqmMrL*9sJV >KkAӹ SI_a}Z)#M7vn=6i:߉أ.vvNM?*x(:)eޫ):~[+ % 뛛dAmoK r߇_H\ٲ}LDᥭ'a܇6;2,JoF閍bް|pJh1C 5ĜS`tWCZBgw~᪉Y)UqDedh̆9㸜n5o OHޥīT:lkOd?h!Ǫu Irv/utHGp 9v}TiҠ,~i [u5aJ:Tm-wh[B:2nQPHݵi6%,P~I١:zk$" ^[K',UD'ScL%#bxš>čGuV*2~Ikɼ\)(ǁg^ĶY'qn^#9HO ']!uxW p<`] iFh;~k,Uh=4H[SnzX[vF;=.rߦZTp.LH|H .ے`?dۑTS}Naٞ)FL341q1pЫvn4;9]u  YNƎ*~6ex[&5TA ]*\>ГQ;v#6}\ݗZ5WV?ٖ2OZX텧^ܠ޺=-Sr1HJunVx B:wvEkn3R:z#ZHY$U쯹ֿb+kW>*q˥cqydJXfx669' EJ[yQ&\XtGfE j Ths.XoMӨMb9lH 9/0X$4u֋;1du"C7]sA l D:LAMuJy#'򋨷HP(hd1ў,ya-??g}cP+=)qT>8+[@uFuE/xXdgw_a+$7W,x|V,L)u#a ob]}#|P]O > startxref 15481 %%EOF