PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agriculture

<p dir="ltr">Saudi Arabia is the largest country in the Middle East with huge solar energy resources but has achieved minimal adoption of photovoltaic energy systems (PV). This study investigates the potential of PV systems to address pressing challenges, including water scarcity and...

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Main Author: Muhammad Zubair (728141) (author)
Published: 2024
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author Muhammad Zubair (728141)
author_facet Muhammad Zubair (728141)
author_role author
dc.creator.none.fl_str_mv Muhammad Zubair (728141)
dc.date.none.fl_str_mv 2024-01-22T03:00:00Z
dc.identifier.none.fl_str_mv 10.1080/19397038.2023.2297262
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/PV_energy_penetration_in_Saudi_Arabia_current_status_residential_and_commercial_users_local_investment_use_in_modern_agriculture/29119502
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Agricultural, veterinary and food sciences
Agriculture, land and farm management
Economics
Applied economics
Education
Education systems
Engineering
Electrical engineering
Environmental engineering
Energy policy
PV energy
Aquaponics
Energy Economics
dc.title.none.fl_str_mv PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agriculture
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">Saudi Arabia is the largest country in the Middle East with huge solar energy resources but has achieved minimal adoption of photovoltaic energy systems (PV). This study investigates the potential of PV systems to address pressing challenges, including water scarcity and agricultural unemployment. This study addresses the deployment of PV in contemporary agriculture such as aquaponics and hydroponics to promote sustainable water, energy, and agricultural practices. Scrutinising national goals for PV energy against ground realities. The buyback tariff, interest rates of loans, and potential future power price increases are simulated to find suitable rates to encourage PV adoption. The current government grid purchase price is 1.87 cents USD/kWh, while the national grid selling price is 4.8 cents USD/kWh. Small-scale PV plants offer local investors passive income streams if financial institutes can offer these projects at lower interest rates. Investigating the country’s educational sector reveals the need for an overhaul in technical education for solar energy systems. The simulation shows that PV use in agriculture is economically feasible for large loads even with buyback rates as low as 1.87 cents USD/kWh. This research contributes by emphasising local involvement and proposing financial mechanisms, government reforms, and sustainable agricultural development in the region.</p><h2>Other Information</h2><p dir="ltr">Published in: International Journal of Sustainable Engineering<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1080/19397038.2023.2297262" target="_blank">https://dx.doi.org/10.1080/19397038.2023.2297262</a></p>
eu_rights_str_mv openAccess
id Manara2_ac5e534cf8999c28f20ef24db2688c33
identifier_str_mv 10.1080/19397038.2023.2297262
network_acronym_str Manara2
network_name_str Manara2
oai_identifier_str oai:figshare.com:article/29119502
publishDate 2024
repository.mail.fl_str_mv
repository.name.fl_str_mv
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spelling PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agricultureMuhammad Zubair (728141)Agricultural, veterinary and food sciencesAgriculture, land and farm managementEconomicsApplied economicsEducationEducation systemsEngineeringElectrical engineeringEnvironmental engineeringEnergy policyPV energyAquaponicsEnergy Economics<p dir="ltr">Saudi Arabia is the largest country in the Middle East with huge solar energy resources but has achieved minimal adoption of photovoltaic energy systems (PV). This study investigates the potential of PV systems to address pressing challenges, including water scarcity and agricultural unemployment. This study addresses the deployment of PV in contemporary agriculture such as aquaponics and hydroponics to promote sustainable water, energy, and agricultural practices. Scrutinising national goals for PV energy against ground realities. The buyback tariff, interest rates of loans, and potential future power price increases are simulated to find suitable rates to encourage PV adoption. The current government grid purchase price is 1.87 cents USD/kWh, while the national grid selling price is 4.8 cents USD/kWh. Small-scale PV plants offer local investors passive income streams if financial institutes can offer these projects at lower interest rates. Investigating the country’s educational sector reveals the need for an overhaul in technical education for solar energy systems. The simulation shows that PV use in agriculture is economically feasible for large loads even with buyback rates as low as 1.87 cents USD/kWh. This research contributes by emphasising local involvement and proposing financial mechanisms, government reforms, and sustainable agricultural development in the region.</p><h2>Other Information</h2><p dir="ltr">Published in: International Journal of Sustainable Engineering<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1080/19397038.2023.2297262" target="_blank">https://dx.doi.org/10.1080/19397038.2023.2297262</a></p>2024-01-22T03:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1080/19397038.2023.2297262https://figshare.com/articles/journal_contribution/PV_energy_penetration_in_Saudi_Arabia_current_status_residential_and_commercial_users_local_investment_use_in_modern_agriculture/29119502CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/291195022024-01-22T03:00:00Z
spellingShingle PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agriculture
Muhammad Zubair (728141)
Agricultural, veterinary and food sciences
Agriculture, land and farm management
Economics
Applied economics
Education
Education systems
Engineering
Electrical engineering
Environmental engineering
Energy policy
PV energy
Aquaponics
Energy Economics
status_str publishedVersion
title PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agriculture
title_full PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agriculture
title_fullStr PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agriculture
title_full_unstemmed PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agriculture
title_short PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agriculture
title_sort PV energy penetration in Saudi Arabia: current status, residential, and commercial users, local investment, use in modern agriculture
topic Agricultural, veterinary and food sciences
Agriculture, land and farm management
Economics
Applied economics
Education
Education systems
Engineering
Electrical engineering
Environmental engineering
Energy policy
PV energy
Aquaponics
Energy Economics