The global energy transition continues to press forward, but tariff wars and the rising politicization of renewable power is hurting the growth of clean, accessible electricity worldwide, said the founder and chairman of Saudi Arabia’s ACWA Power.
Speaking at the Fortune Global Forum in Riyadh, ACWA chairman Mohammad Abunayyan and others discussed the global need of relying on the right mix of solar, wind, and battery-storage power, as well as fossil fuels and nuclear power to produce enough electricity for people in every part of the world to have the most secure, clean, and affordable energy, especially as renewables increasingly become more cost-competitive.
