Governor of the Central Bank of Yemen Calls on Government to Adopt Renewable Energy

Ahmed Ghaleb Al-Mabaqi, the Governor of the Central Bank of Yemen in Aden, is urging the government to take decisive actions in embracing renewable energy as a solution to the persistent fuel shortages confronting power plants. Al-Mabaqi underscores the daily challenges in procuring electricity generation resources, emphasizing the urgent need for serious consideration of renewable energy alternatives. He points to the World Bank's departure from funding fossil fuel stations as a testament to the viability of renewable energy projects.

Al-Mabaqi raises a critical question about why the government has not yet adopted renewable energy for essential infrastructure needs, particularly given its potential benefits. He draws attention to the current dependence on expensive and environmentally harmful diesel fuel, which not only strains the country's resources but also proves inadequate for sustaining power in Aden and neighbouring cities for even short periods. Al-Mabaqi emphasizes the significance of exploring alternatives like solar and wind energy to provide a sustainable solution to these challenges.