Energy policy refers to the strategic decisions and regulations that govern how energy is produced, distributed, and consumed within a country or region. It encompasses a variety of factors, including the types of energy sources utilized (such as fossil fuels, renewable energy, and nuclear power), energy efficiency measures, infrastructure development, and environmental considerations. Energy policy aims to ensure a secure, reliable, and affordable energy supply while addressing issues such as sustainability, climate change, and economic growth. It involves the coordination of governmental and regulatory agencies, private sectors, and stakeholders to create guidelines that promote responsible energy management and technological advancements.
Saudi Arabia and the European Union are embarking on a promising collaboration to transform the global energy landscape. During the World Economic Forum in Riyadh, high-ranking officials from both sides,…