“Saudi Arabia’s Vision 2030” was adopted as a methodology and roadmap for economic and developmental action in the Kingdom of Saudi Arabia. In its aim to grant the Kingdom a leading position in all fields, Saudi Arabia’s Vision 2030 sought to identify the general directions, policies, goals, and objectives of the Kingdom.
Accordingly, some ministries, institutions, and government entities underwent a restructuring process to align them to the requirements of this phase. This would enable them to perform their tasks, and expand their competencies. Ultimately, this will enhance the level and quality of services provided to beneficiaries; and achieve a prosperous future and sustainable development. The Council of Ministers has tasked the Council of Economic and Development Affairs with establishing and monitoring the mechanisms and measures necessary for the implementation of “Saudi Arabia’s Vision 2030”.
“Saudi Arabia’s Vision 2030” encompasses—in a number of domains—strategic objectives, targets, outcome-oriented indicators, and commitments that are to be achieved by the public, private, and nonprofit sectors. The Council of Economic and Development Affairs has established an effective and integrated governance model. This model aims to translate the Vision into various implementation programs that will accomplish its goals and directions. Such programs will rely on new operating models customized to the requirements of each program, as well as the common national goals related to the Vision. The programs will be launched successively, according to the requirements of “Saudi Arabia’s Vision 2030”.
To this end, the Council established a number of bodies that will enable and support the launching, monitoring, and evaluation of these programs, as well as the release of new programs in the future. These bodies include the National Center for Performance Measurement, the Delivery Unit, and the Project Management Office of the Council of Economic and Development Affairs.
Energy related strategic targets and objectives:
Strategic Objective | Increase the efficiency of fuel utlization in the electricity sector | ||||
Relevant Vision 2030 Objectives | Safeguard the environment and natural resources | ||||
Key Performance Indicator | Baseline | Target 2020 | Unit | Regional Benchmark | Global Benchmark |
Efficient utliation of fuel in electricity power generation | 33 | 40 | Percentage (%) | 34 | 44 |
Strategic Objective | Enhance the primary sources and security of the electricity supplies | ||||
Relevant Vision 2030 Objectives | Enhance the livability of Saudi cities | ||||
Key Performance Indicator | Baseline | Target 2020 | Unit | Regional Benchmark | Global Benchmark |
Average number of outages for more than 5 minutes in the electricity power grid annually | 6.36 | 3 | Outage | 0.2 | 0.4 |
Strategic Objective | Enable atomic energy to contribute to the national energy mix in accordance with local requirements and international obligations | ||||
Relevant Vision 2030 Objectives | Enhance competitiveness of energy sector | ||||
Key Performance Indicators | Baseline | 2020 Target | Unit | Regional Benchmark | International Benchmark |
Percent compliance to the international and national safety and security standards regarding the introduction of atomic energy | 0 | 100 | Percentage (%) | MS2 In 5 years | MS2 In 7-10 years |
Strategic Objective |
Enable renewable energy to actively contribute in the national energy mix |
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Relevant Vision 2030 Objectives |
Saudize renewable energy sectors Enhance competitiveness of energy sector |
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Key Performance Indicators |
Baseline |
2020 Target |
Unit |
Regional Benchmark |
International Benchmark |
Capacity introduced from renewable energy |
0 |
3,450 |
Megawatts (MW) |
2,665 |
7,017 |