Saudi Arabia postponed photovoltaic renewable energy development planning’s Outlook is grim

Polaris solar PV net news: Saudi Arabia King Abdullah city of Atomic Energy and the renewable energy (KACARE) departments showed a report released by Chairman Hashim Yamani, Saudi Arabia its renewable energy development plan has been delayed for eight years, set it’s installed capacity milestone goal setting to the year 2040.

Key points

Saudi Arabia to 16GW of PV installation milestone goal from 2032 to 2040. Equivalent to this objective in the next 25 years, the annual installed capacity of 640MW.

IHS will Saudi Arabia PV installed capacity Outlook for the next five years by half, from 1.6GW down to 800MW.

Plummeting oil prices has dented Saudi Arabia use alternatives to oil as a primary energy supply in the short term.

Saudi Arabia announced its goals for renewable energy development in 2012 for the first time, makes solar message from the industry for its high expectations. As one of the world’s richest countries, public tender attraction a lot of developers and manufacturers to Saudi Arabia to develop new business.

But because regulators did not advance planning of tenders with PV installed capacity in the region stalled less than 20MW, makes the PV practitioner fidgeting. Saudi Arabia King Abdullah city of Atomic Energy and the renewable energy (KACARE) latest report published by the Department of its installed capacity milestone delayed until 2040, further reducing the near-to medium-term growth prospects.

In Saudi Arabia, King Abdullah city of Atomic Energy and the renewable energy (KACARE) sector in 2012 when it announced its photovoltaic development goals, leading industry upbeat expectations about the prospects for its development. After that, IHS has steadily fallen Saudi Arabia PV demand Outlook. Prior to this, IHS is expected over the next five years will be completed in the area of 1-2GW PV project, will now be modifying their projections for the project is put into operation by 2020, there will be a 1GW.

Such prospects depend on the regulatory framework for PV, either by tender or price. In view of Saudi Arabia stressed its support of local industries, another factor that influences the development of photovoltaic is the development of the local manufacturing base.

In the past few months, the slump in global oil prices may reconstruct the Saudi position on new generation energy. In view of recent global oil prices, encouraging oil savings policies will affect the country for export PV deployments in the short term. But long term, the offer is still open to cut oil consumption, IHS expects Saudi Arabia will deploy most of the new PV installed capacity to 2020-2040.

Background

Saudi homeland located mainly between 26 degrees and 21 degrees north latitude, size 2.25 million square kilometers, abundant sunshine and is one of the countries with the best photovoltaic, twice times the average solar radiation is about Europe. A population of 30 million, per capita $ GDP22635, ranked 40th in the world (2011), which is around four times times the Chinese.

Kuwait financial center pointed out in its report on the construction of infrastructure, Saudi investment in all countries in the Middle East to power the most. Saudi Arabia’s per capita electricity consumption in the world, nearly half of the electricity used for household consumption. At present, Saudi 49% of electricity from natural gas, and the rest are from liquid fuel.

In May 2012, Saudi Arabia development agency K.A.CARE announced its ambitious clean energy plan: by 2032, the completed solar installed capacity 41GW, nuclear power installed capacity 17GW, wind, biomass and geothermal Assembly machine 13GW. Solar capacity goal, PV installed capacity to 16GW, concentrating solar power (CSP) capacity of 25GW. K.A.CARE was originally scheduled to launch in 2013 two-wheeled machine tenders had been postponed to 2014, but has yet to release further details.

Statistics show that Saudi demands for electricity since 2002-2011 year the annual growth rate of more than 70%, Saudi Arabia’s current electricity consumption of about 80% for civilian power. Summer air conditioning electricity consumption soaring, reaching annual peak demand for electricity. From the load increases on the basis of the energy demand is mainly due to the increase in peak power load and intermediate demand.

Saudi base load electricity demand during the summer is almost twice times the base-load electricity demand in winter. Summer’s peak electricity demand appears twice in one day, an appearance at 11 o’clock noon to three o’clock in the afternoon, this time is the highest air temperature in the hottest time of the day, electricity demand peak; the second peak electricity demand occurs at 19 o’clock in the evening, even though temperatures have dropped, but residents in their homes, electricity demand is still high. Two peaks in electricity demand were the main reasons air-conditioning electricity consumption.

Meet daytime peak demand for electricity for the first time, rely on photovoltaic power generation. Because relying on solar thermal power supply current demand for electricity during the day is higher than the cost of PV, due to economic concerns, PV is meeting the demand for electricity during the day better renewable electricity options.

But for peak demand for electricity at night, relying on solar power is difficult to achieve. At this point, the role of solar thermal power stations with a heat storage is revealed, this is the core competitive advantages of solar-thermal power generation. Moreover, solar-thermal power generation can in theory be Saudi source of base load electricity, alternative to oil and gas consumption of non-renewable resources.

Taken together, from the analysis of the current situation, solar-thermal electricity generation and solar power as an alternative energy portfolio, is a good choice for Saudi Arabia to develop alternative energy sources.

Original title: Saudi Arabia postponed photovoltaic renewable energy development planning’s Outlook is grim

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