Achieving Renewable Energy Targets Without Compromising the Power Sector’s Reliability
Nezar Alhaidari,
Amro Elshurafa and
Frank Felder
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Frank Felder: King Abdullah Petroleum Studies and Research Center
Discussion Papers from King Abdullah Petroleum Studies and Research Center
Abstract:
Saudi Arabia’s Ministry of Energy has set ambitious renewable energy goals. Although the Kingdom’s current energy mix is dominated by conventional energy (>95%), it aims to draw 50% of its energy from renewable sources by 2030. Currently, the Kingdom enjoys very high solar photovoltaic potential, and it is also well positioned for wind generation. Thus, studying the reliability of highly renewable power systems and the impact of converting conventional generation to renewable energy is of paramount importance. The latter analysis is important because temperatures in the Kingdom are often high for a considerable portion of the year.
Keywords: Battery storage; Benefits of electricity trade; Business models; Climate change (search for similar items in EconPapers)
Pages: 19
Date: 2021-12-13
New Economics Papers: this item is included in nep-ara, nep-ene and nep-env
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https://www.kapsarc.org/research/publications/achi ... sectors-reliability/ First version, 2021
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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2021-dp21
DOI: 10.30573/KS--2021-DP23
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