renewable energy developments in the gcc region...source: irena (2017), rethinking energy 2017:...
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Renewable Energy Developments
in the GCC Region
Clean Energy Opportunities and Challenges in the GCC Region
Abu Dhabi, 17 January 2017
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The global energy sector is transforming
2 Source: IRENA (2017), REthinking Energy 2017: Accelerating the global energy transition
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Progress in the GCC region
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Bids revealed
Al-Jouf and Rafha, 100 MW PV Bids invited
Source: IRENA (2016), Renewable Energy Market Analysis: The GCC Region
Sweihan Solar PV – 350 MW
Mohammed bin Rashid Al Maktoum 3 - 800 MW Winner selected
MEW/KISR-Shagaya Wind 10 MW Completed
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Rising competitiveness Large and medium scale
4
3 c/kWh Dubai
Source: IRENA (2016), Renewable Energy Market Analysis: The GCC Region
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Renewable Energy Auctions Highlights 2016
5 Source: IRENA (2017) Renewable energy auctions: Analysing 2016
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Renewable Energy Auctions Price competitiveness
Cost determining factors:
♦ Country specific economic conditions
♦ Investor confidence
♦ Enabling environment
♦ Design elements of the auction
2013 2014 2015 2017
Source: IRENA (2017) Renewable energy auctions: Analysing 2016
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Renewables bring multiple benefits
16% reduction in water
withdrawal in 2030
207,000 Jobs in 2030
Source: IRENA (2016), Renewable Energy Market Analysis: The GCC Region
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Solar PV value chain: jobs requirements
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Solar PV value chain: materials and equipment requirements
Materials used in solar PV value chain (kg/MW)
Silicon 7,000 Copper 7,000
Glass 70,000 Plastic 6,000
Steel 56,000 Concrete 47,000
Aluminium 19,000
Equipment used in solar PV installation phase
Tools Cranes
Trucks Asphalt paving machines
Excavators Personal protection equipment
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Conclusions
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