An Economic Analysis of Solar Energy Generation Policies in the UAE

Mayyas Alsalman, Vian Ahmed (), Zied Bahroun and Sara Saboor
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Mayyas Alsalman: Department of Industrial Engineering, American University of Sharjah, Sharjah P.O. Box 26666, United Arab Emirates
Vian Ahmed: Department of Industrial Engineering, American University of Sharjah, Sharjah P.O. Box 26666, United Arab Emirates
Zied Bahroun: Department of Industrial Engineering, American University of Sharjah, Sharjah P.O. Box 26666, United Arab Emirates
Sara Saboor: Department of Industrial Engineering, American University of Sharjah, Sharjah P.O. Box 26666, United Arab Emirates

Energies, 2023, vol. 16, issue 7, 1-25

Abstract: Despite global efforts to reduce greenhouse gas emissions, the energy sector remains a major contributor, with hydrocarbon-based resources fulfilling around 80% of energy needs. As such, there is a growing focus on identifying effective and economically feasible policy mechanisms to promote renewable energy adoption. This study focuses on the theoretical problems surrounding the adoption of renewable energy policies. The study aims to highlight the potential for sustainable growth using renewable energy in the UAE and identify the most viable policy mechanisms for enhancing grid-tied solar energy adoption using qualitative and quantitative data collection methods and the HOMER Grid software. Compared to previous research, this study contributes by identifying a unified renewable energy policy mechanism that could significantly enhance the adoption of grid-tied solar energy generation in the UAE. The study’s main findings show that a unified renewable policy mechanism could enhance grid-tied solar energy adoption throughout the UAE’s electricity authorities. Net metering emerges as the most efficient and economically viable policy for customers and electricity utilities.

Keywords: greenhouse gas emissions; energy demand; sustainability; energy policy mechanism (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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