Table › Companies › Saudi Electricity Co

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Saudi Electricity Co

Generating electricity and heat, mostly by burning coal, gas, or oil. Saudi ArabiaOfficial site ↗
40.4 million
cars driven for a year
186 Mt = megatonne: one million tonnes of CO₂-equivalent CO₂e
rising +4%/yr

Saudi Electricity Co ranks #3 because its tracked power plants burn fossil fuels at scale.

How much of this entity's emissions could be tied to a named owner.How sure the numbers are, based on data coverage, recency and source agreement.Number of power plants or sites attributed to this entity in the Climate TRACE dataset.
CompareSee the proof
Climate Damage Score: 0–100. Bigger means more greenhouse gas this year. Built only from measured emissions and trend.
#3 of 1649

Measured operational emissions, not a full corporate footprint or a legal finding. How this works · Report a correction

↓ Download Saudi Electricity Co assets

Saudi Electricity Co, based in Saudi Arabia, generates electricity and heat, largely by burning fossil fuels. Climate TRACE attributes 33 high-emitting assets to it. Its largest tracked activities are electricity generation.

Burns coal, gas or oilFossil fuels are combusted in power stations to generate electricity.
Releases CO₂That combustion sends carbon dioxide straight into the atmosphere.
Traps heatExtra CO₂ thickens the greenhouse blanket, warming the planet.
See the proof

Power plants & sites behind it33 attributed assets · ownership split equally across listed owners

AssetSectorOwnershipAttributedConf.
Shoaiba power plantPower100%22 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Qurayyah Thermal power plantPower100%20.8 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Rabigh-2 power plantPower100%19.7 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Ghazlan power plantPower100%16 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Riyadh 9 power plantPower100%11 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Riyadh 10 power plantPower100%8.1 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Riyadh 8 power plantPower100%6.9 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Shuqaiq Steam Power PlantPower100%6.7 Mt = megatonne: one million tonnes of CO₂-equivalentmedium
Jeddah South power plantPower100%6.7 Mt = megatonne: one million tonnes of CO₂-equivalentmedium
Faras power plantPower100%5.3 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Jeddah PP3 power plantPower100%5 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Riyadh 12 power plantPower100%5 Mt = megatonne: one million tonnes of CO₂-equivalentvery low
Where this comes from
Climate TRACE · asset-level emissions & ownership · CC BY 4.0
Power · reference year 2024
Who profits

Hand-curated shareholder, revenue and investor context from primary public sources. This data is shown alongside the Climate Damage Score, but it is not used to compute it.

About this data. Institutional investors like BlackRock, Vanguard and State Street typically hold shares on behalf of clients; appearing in shareholder records does not mean they control or direct the company. State entities and individuals with majority stakes are different and labelled accordingly.

Visit Saudi Electricity Company
publicListed: 5110.SRParent: Public Investment Fund (Saudi Arabia)HQ Saudi Arabia

Revenue

$20BUSD · FY2023

Source: Wikipedia — Saudi Electricity Company (SAR ~75 billion)

Emissions intensity

9.29Mt = megatonne: one million tonnes of CO₂-equivalentCO₂e / $1bn revenue

Above the curated-sample median (2.02 Mt = megatonne: one million tonnes of CO₂-equivalent/$bn): more emissions per dollar of revenue than the typical large emitter on record.

Top shareholders & investors

  • Public Investment Fund (Saudi Arabia sovereign wealth fund)74.3%state
  • Saudi Aramco6.9%state
  • Public free float (Tadawul)18.8%public

Source: primary public filings via Wikipedia. Stakes can change; see filings for the latest.

Majority state-owned via PIF; Saudi Aramco also holds a stake. Sole grid operator in the Kingdom.

How it's allowed

Signals below are derived from emissions data and ownership coverage only, not from any legal or regulatory finding.

Permitted Emissions
These emissions appear to occur under existing permits and regulations. Operating legally is not the same as operating cleanly.
Fossil-Fuel Power Generation
Attributed emissions include fossil-fuel power generation, which is among the most carbon-intensive ways to produce electricity.
Rising Emissions Trend
Attributed emissions are rising (~4%/yr), moving in the wrong direction.
Low Measurement Confidence
Measurement confidence for this entity is low; figures are best-available estimates.
No Verified Enforcement or Lobbying Record
This dataset contains no verified enforcement actions, lobbying records, subsidies, or litigation for this entity. Absence of evidence here is not evidence of compliance or of any violation.

Climate Villains makes no claim that any entity has broken any law. These are data-derived signals, not allegations.

Trend
Getting worse▲ +3.5% rising
172 Mt186 Mt201 Mt20222024

Attributed emissions are rising by about +3.5% per year. Attributed emissions, 2022–2024.

It ranks #3 mainly because its attributed assets emitted about 186 Mt CO₂e in 2024 (≈ 40.4M cars/yr).

The Climate Damage Score is driven by that absolute size on a log scale, with a +0.3-point worsening adjustment.

Score breakdown

Absolute emissions
97 pts
Trend modifier
▲ +3.5% rising+0.3 pts
Data confidence
How sure the measurement is. A low score doesn't lower the polluter's rank; it just flags fuzzier data.

See the full methodology for how the score is built, or data & coverage for how complete the underlying numbers are.

What's known · what isn't

What’s known

  • Attributed emissions: 186 Mt CO₂e in 2024 (≈ 40.4M cars/yr).
  • Primary sector: Power; primary country: Saudi Arabia.
  • Evidence: 33 assets; ~100% ownership-attribution coverage.
  • Source: Climate TRACE (CC BY 4.0).

What isn’t

  • Exact ownership percentages: Climate TRACE lists owners but not stakes, so shared assets are split equally.
  • Indirect (supply-chain / financed / product-use) emissions are not included.
  • No PR claims, lobbying records, litigation history or policy-compliance data are included.
How sure the measurement is. A low score doesn't lower the polluter's rank; it just flags fuzzier data.How much of this entity's emissions could be tied to a named owner. Higher means a more complete picture.