Saudi Arabia’s Journey toward a Renewable Future
Saad F. Al-Gahtani ()
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Saad F. Al-Gahtani: Electrical Engineering Department, King Khalid University, Abha 61421, Saudi Arabia
Energies, 2024, vol. 17, issue 11, 1-19
Abstract:
Recent statistics indicate that as of 2023, the global renewable energy capacity has reached new heights, with Saudi Arabia significantly contributing to this growth through its strategic initiatives. The kingdom is particularly focusing on harnessing solar power, given its abundant sunlight, and is also exploring wind energy, leveraging its vast desert landscapes. These efforts are part of Saudi Arabia’s broader strategy to become a global leader in renewable energy. This paper provides a detailed exploration of Saudi Arabia’s ambitious journey from a fossil-fuel-dominated energy sector to a more sustainable, renewable-energy-driven future. Anchored in the broader context of global energy trends, the study emphasizes the critical shift toward renewable resources, with a particular focus on Saudi Arabia’s unique position in this global movement. Key to this transition is Saudi Arabia’s Vision 2030, a strategic framework that guides the country’s renewable energy policies and initiatives. A comprehensive review of these policies, including other governmental and international collaborations that support renewable energy development, is offered. The current state of renewable energy in Saudi Arabia is assessed, including an overview of existing projects and production statistics. The paper also explores emerging technologies such as energy storage systems and smart grid solutions, emphasizing their role in Saudi Arabia’s energy transition. An impact assessment is conducted to understand the environmental, economic, and social effects of this energy shift. The paper also includes a comparative analysis of other countries’ renewable energy transitions, extracting lessons and best practices applicable to the Saudi context. Strategic recommendations and reflections on Saudi Arabia’s future role in the global energy landscape are provided for stakeholders in energy policy, environmental planning, and sustainable development.
Keywords: Saudi energy; renewable energy; sustainability; energy transition; energy policies; environmental impact (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: 2024
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:17:y:2024:i:11:p:2444-:d:1398432
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