Raising energy efficiency, reducing emissions
We recognize that the quality of life for future generations will depend on how well we manage energy consumption today. Accordingly, the first pillar of our carbon management strategy consists of concerted efforts to shrink our carbon footprint, including working closely with the Saudi Energy Efficiency Program, growing the contribution of renewables in the energy mix, and expanding gas supplies with a plan to increase the share of clean gas in power generation.
A key element of our commitment to meet rising energy demand in Saudi Arabia is our Energy-to-the-Kingdom (E2K) initiative. In 2016, the Kingdom’s utility energy efficiency improved to 36%, up from 32% in 2013, and due in part to efforts driven by our E2K initiative.
To help reduce the consumption of high-value liquids in energy generation, we provided 67 billion scf of nonassociated gas through our Peak Seasonal Production Program, saving nine million barrels of crude oil equivalent. With the inclusion of renewables and other sources of power, efficiency in the utility sector is expected to increase to 45% by 2030.
Our level of flared gas per raw gas production continued at less than 1% and is set to continue to decline through our Flare Minimization Plan and the installation of Flare Gas Recovery systems. We recovered more than 9 billion scf of gas through zero discharge technology, mainly utilized in well site operations.