Electricity generation analyses in an oil-exporting country: Transition to non-fossil fuel based power units in Saudi Arabia
Arash Farnoosh,
Frédéric Lantz and
Jacques Percebois
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Arash Farnoosh: IFPEN - IFP Energies nouvelles
Frédéric Lantz: IFPEN - IFP Energies nouvelles
Jacques Percebois: CREDEN - Centre de Recherche en Economie et Droit de l'ENergie - UM1 - Université Montpellier 1
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Abstract:
In Saudi Arabia, fossil-fuel is the main source of power generation. Due to the huge economic and demographic growth, the electricity consumption in Saudi Arabia has increased and should continue to increase at a very fast rate. At the moment, more than half a million barrels of oil per day is used directly for power generation. Herein, we assess the power generation situation of the country and its future conditions through a modelling approach. For this purpose, we present the current situation by detailing the existing generation mix of electricity. Then we develop a optimization model of the power sector which aims to define the best production and investment pattern to reach the expected demand. Subsequently, we will carry out a sensitivity analysis so as to evaluate the robustness of the model's by taking into account the integration variability of the other alternative (non-fossil fuel based) resources. The results point out that the choices of investment in the power sector strongly
Date: 2013-12
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