Abstract
This commentary provides an update on ongoing research on innovation in the electricity sector. This project aims to identify emerging technologies early, anticipate changes, and discern the key drivers and their connections in the innovation landscape. This research can serve as a toolkit for policymakers in the Gulf Cooperation Council (GCC) and other nations striving for economic diversification. Economic diversification can be realized by directing investments toward startups in the electricity sector. Such investments not only promote technological innovation but also reduce the reliance on oil resources, aligning with the overarching aim of diversified and resilient economies.
