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The National Energy Services Company
The National Energy Services Company (NESCO), branded as Tarshid, is an energy company that was established in March 2017 in the Kingdom of Saudi Arabia. Tarshid was issued a Saudi Royal Decree in March 2017, giving it the exclusive mandate to retrofit all public buildings and facilities in the Kingdom, which is set to transform the local energy efficiency market from an early growth stage to a thriving industry composed of the most innovative and professional companies. Tarshid is set to support the development of a commercial energy services market by building the capacity of local Energy Services Companies (ESCOs) and facilitating the establishment of the world's leading ESCOs in the Kingdom through collaborating with key stakeholders such as the Saudi Ministry of Finance (MOF) and the Saudi Energy Efficiency Center (SEEC). Tarshid is fully owned by Public Investment Fund The Public Investment Fund (PIF; ar, links=no, صندوق الإستثمارات العامة) i ...
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Riyadh, Saudi Arabia
Riyadh (, ar, الرياض, 'ar-Riyāḍ, lit.: 'The Gardens' Najdi pronunciation: ), formerly known as Hajr al-Yamamah, is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the Riyadh Governorate. It is the largest city on the Arabian Peninsula, and is situated in the center of the an-Nafud desert, on the eastern part of the Najd plateau. The city sits at an average of above sea level, and receives around 5 million tourists each year, making it the forty-ninth most visited city in the world and the 6th in the Middle East. Riyadh had a population of 7.6 million people in 2019, making it the most-populous city in Saudi Arabia, 3rd most populous in the Middle East, and 38th most populous in Asia. The first mentioning of the city by the name ''Riyadh'' was in 1590, by an early Arab chronicler. In 1737, Deham Ibn Dawwas, who was from the neighboring Manfuha, settled in and took control of the city. Deham built a ...
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Abdulaziz Bin Salman Al Saud
Abdulaziz bin Salman Al Saud ( ar, عبد العزيز بن سلمان آل سعود ''ʿAbd al ʿAzīz bin Salman Al Suʿūd''; born 1960) is a Saudi royal and politician who has served as the Saudi Arabian minister of energy since September 2019. He is the first royal to serve as energy minister. He was the assistant oil minister of Saudi Arabia between 2005 and 2017. In 2017, he was made state minister for energy affairs. Early life and education Prince Abdulaziz was born in 1960. He is the fourth son of King Salman bin Abdulaziz. His mother is Sultana bint Turki Al Sudairi, who died at age 71 in July 2011. She was the daughter of Prince Salman's uncle, Turki bin Ahmed Al Sudairi, who was formerly the governor of Asir Province. Abdulaziz bin Salman is the full brother of Fahd bin Salman, Ahmed bin Salman, Sultan bin Salman, Faisal bin Salman and Hassa bint Salman. Abdulaziz bin Salman received a science degree in industrial administration from King Fahd University of Pe ...
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Waled Alghreri
Waledac, also known by its aliases Waled and Waledpak, was a botnet mostly involved in e-mail spam and malware. In March 2010 the botnet was taken down by Microsoft. Operations Before its eventual takedown, the Waledac botnet consisted of an estimated 70,000–90,000 computers infected with the "Waledac" computer worm A computer worm is a standalone malware computer program that replicates itself in order to spread to other computers. It often uses a computer network to spread itself, relying on security failures on the target computer to access it. It wil .... The botnet itself was capable of sending about 1.5 billion spam messages a day, or about 1% of the total global spam volume. On February 25, 2010, Microsoft won a court order which resulted in the temporary cut-off of 277 domain names which were being used as command and control servers for the botnet, effectively crippling a large part of the botnet. However, besides operating through command and control serv ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Energy
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass whe ...
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Energy Services
An energy system is a system primarily designed to supply energy-services to end-users. The intent behind energy systems is to minimise energy losses to a negligible level, as well as to ensure the efficient use of energy. The IPCC Fifth Assessment Report defines an energy system as "all components related to the production, conversion, delivery, and use of energy". The first two definitions allow for demand-side measures, including daylighting, retrofitted building insulation, and passive solar building design, as well as socio-economic factors, such as aspects of energy demand management and remote work, while the third does not. Neither does the third account for the informal economy in traditional biomass that is significant in many developing countries. The analysis of energy systems thus spans the disciplines of engineering and economics. Merging ideas from both areas to form a coherent description, particularly where macroeconomic dynamics are involved, is challengin ...
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Efficient Energy Use
Efficient energy use, sometimes simply called energy efficiency, is the process of reducing the amount of energy required to provide products and services. For example, insulating a building allows it to use less heating and cooling energy to achieve and maintain a thermal comfort. Installing light-emitting diode bulbs, fluorescent lighting, or natural skylight windows reduces the amount of energy required to attain the same level of illumination compared to using traditional incandescent light bulbs. Improvements in energy efficiency are generally achieved by adopting a more efficient technology or production process or by application of commonly accepted methods to reduce energy losses. There are many motivations to improve energy efficiency. Decreasing energy use reduces energy costs and may result in a financial cost saving to consumers if the energy savings offset any additional costs of implementing an energy-efficient technology. Reducing energy use is also seen as a s ...
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Public Investment Fund
The Public Investment Fund (PIF; ar, links=no, صندوق الإستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of $620 billion (£492 billion). It was created in 1971 for the purpose of investing funds on behalf of the government of Saudi Arabia. The wealth fund has been controlled by Crown Prince Mohammed bin Salman, Saudi Arabia’s ''de facto'' ruler since 2015. It has been characterized as among the least transparent sovereign wealth funds in the world. In 2016, the ''Wall Street Journal'' noted that none of the fund's investments were named. The organization's activities have stirred controversy due to its relationship with the Saudi Arabian government and its human rights record. The fund's domestic investments tend to go to firms owned by elites with long-standing personal connections to the Saudi state. Some of PIF's assets were transferred to the organi ...
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Kingdom Of Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Arabia, was th ...
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Royal Decree
A decree is a legal proclamation, usually issued by a head of state (such as the president of a republic or a monarch), according to certain procedures (usually established in a constitution). It has the force of law. The particular term used for this concept may vary from country to country. The ''executive orders'' made by the President of the United States, for example, are decrees (although a decree is not exactly an order). Decree by jurisdiction Belgium In Belgium, a decree is a law of a community or regional parliament, e.g. the Flemish Parliament. France The word ''décret'', literally "decree", is an old legal usage in France and is used to refer to executive orders issued by the French President or Prime Minister. Any such order must not violate the French Constitution or Civil Code, and a party has the right to request an order be annulled in the French Council of State. Orders must be ratified by Parliament before they can be modified into legislative Acts. Specia ...
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Retrofit
Retrofitting is the addition of new technology or features to older systems. Retrofits can happen for a number of reasons, for example with big capital expenditures like naval vessels, military equipment or manufacturing plants, businesses or governments may retrofit in order to reduce the need to replace a system entirely. Other retrofits may be due to changing codes or requirements, such as seismic retrofit which are designed strengthening older buildings in order to make them earthquake-resistant. Retrofitting is also an important part of climate change mitigation and climate change adaptation: because society invested in built infrastructure, housing and other systems before the magnitude of changes anticipated by climate change. Retrofits to increase building efficiency, for example, both help reduce the overall negative impacts of climate change by reducing building emissions and environmental impacts while also allowing the building to be more healthy during extreme wea ...
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ESCOs
Escos is a commune in the Pyrénées-Atlantiques department in south-western France. See also *Communes of the Pyrénées-Atlantiques department The following is a list of the 546 communes of the Pyrénées-Atlantiques department of France. The communes cooperate in the following intercommunalities (as of 2020):Communes of Pyrénées-Atlantiques {{PyrénéesAtlantiques-geo-stub ...
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