Saudi Arabia's path to transition, part 3: Closing the gap
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
A composite index, called the Energy Transition Advancement Index (ETAI), has been developed to compare Saudi Arabia’s progress in the energy transition with that of the UAE and Norway, which are oil-producing economies. The ETAI provides a holistic overview of the energy transition in those countries. It assesses the ongoing performance of each country in terms of its transition. Nonetheless, it also examines the countries’ capability to transition. The ETAI has two sub-indexes: performance and capability. Each of these two sub-indexes has indicators. The performance sub-index has two indicators, while the capability has four. In total, there are 39 dimensions: five in the economic developm
Also in this section
14 April 2026
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy
