Saudi Arabia National Renewable 1 Energy Program National Renewable Energy Program
The National Renewable Energy Program Target & objectives
• Implemented by the Renewable Energy Project Investing for the long term Development Office (REPDO) at the Ministry of Energy, under the auspices of the Custodian of the Localization is key Two Holy Mosques Initiative for Renewable Energy Localize R&D, manufacturing and • Supports all RE related initiatives in the Kingdom other sections of the value chain • Reviews legal & regulatory frameworks 2 Create renewable energy industry Encourage Public-Private partnerships Allow the private sector to buy & invest in renewable energy (RE) Sites selected on multi-criteria basis
Stakeholder Renewables Land Development 3 engagement GIS analysis availability status
Displacement of Economic Long-term water & high value fuels development power plan (LTP) Projects will be deployed in 35+ parks spread across the Kingdom
Waad Al Shammal Qurayyat Tabarjal Rafha 35+ parks Sakaka Dumat Al Jandal North Tabuk Al Kahafah to be developed by 2030 Tabuk Midyan Qaisumah Al Masa'a Sourah Al Ghat Unaizah Sudair Spread across Al-Ula Ar Rass Shaqra Malham 4 Henakiyah Dhurma Ghilanah the Kingdom to promote Yanbu Khushaybi Tuwaiq Riyadh South Yanbu Madinah Al Haeer regional development Mastoorah Mahd Aldhab Duwadimi AlQuwaiiyah Rabigh Dhahban Al-Kharj South Jeddah Starah Al Faisaliah Haden Layla Al Laith Gradual deployment Bisha Wadi Ad Dawasir to mitigate technology risk
Jazan Solar PV Farasan Sharorah Wind CSP Framework for Developing Tendering Policies
Qualification RFP Evaluation Award 5 • Technical and • Local Content • Public bid • Short listing and financial criteria requirements announcements than award. No alternative bids • Prescriptive technical • RFP compliance and parameters of the than lowest LCOEE or negotiations plants (location, size, technology) • Bank Guarantees, EPC term sheets, O&M term sheets, financial model Round Two & Round Three Projects 10 pre-developed projects tendered in 2019 and 2020 with a total capacity of 2,670 MW
Target capacity (MW)
Round Two Round Three Category A Category B Category A Category B Total
Al Fa is liya h
Madinah Wa di Al Dawaser Ar Rass 7
2019 600 2020 50 Rabigh 120 700 6702, 300 Ra fha La yla Saad Jeddah 20 80 300 300 Qurayyat
200 Round-Three Request for Qualifications
Target capacity (MW)
Round Three Category A Category B Total • Round Three Launches on January 9, 2020 • Round Three comprised of four projects, amounting to 1,200 MW of solar PV Wa di Al Dawaser Ar Rass 8 • Request for Qualifications (RFQ) window closes 120 700 1,200 on February 06, 2020. Request for Proposals
La yla Saad (RFP) to be issued on March 19, 2020 80 300
Visit powersaudiarabia.com.sa for RFQ and RFP information
Visit wesupplyrenewables.com.sa to find out more about renewable energy supply chain platform in Saudi Arabia Local Content Renewable Technologies Targeted
10
Solar PV Wind Solar CSP Local Manufacturing of Renewable Components Will be Enabled by Increasing Projects Local Content Target
• Potential Local Content Targets Plan in coordination with the LCGPA
Short Term (Current) Medium Term (2024-2025) Long Term (2028 onwards)
Local Content Buildup Global Competitiveness RE Industrialization Hub 11
Established LCOE price Balanced LCOE & local Balanced LCOE & local baseline content content
Kick-start supply chain Setup of solar and wind Export focus RE supply development clusters chain
Localization for Solar & Wind Localization for Solar & Wind Localization for Solar & Wind 17-19% LCGPA 33-35% LCGPA 40-45% LCGPA Potential Private Sector Solar PV and Wind Manufacturing
• REPDO and SIDF signed Collaboration Agreement to support SIDF’s Mutjadeda Program • Mutjadeda will Finance up to 75% of project cost
Solar PV Private Sector Win d Private Sector Manufacturing Manufacturing 12
• Local manufacturer of PV technology for • Local manufacturer of Wind technology for utility and non-utility scale use utility scale use • Up to 6 manufacturers with ~0.5-1 GW p.a. • Up to 2+ manufacturers with ~0.5-1 GW p.a. capacity by 2030 capacity by 2030 • Depends on the annual pipeline of projects and • Depends on the annual pipeline of projects and the PV value chain investment opportunities the wind value chain investment opportunities Achievements Two Projects Successfully Tendered in the First Round with a Capacity of 700 MW
Sakaka 300 MW Dumat Al Jandal 400 MW
Feb Apr Oct Feb Nov Nov Jul Aug Apr Jul Jan Aug 2017 2017 2017 2018 2018 2019 2017 2017 2018 2018 2019 2019
Request for Request for Bid PPA Fina ncia l Grid Request for Request for Submission Bid Bid Fina ncia l Qua lifica tion Proposal opening signing clos e connection Qua lifica tion Proposal deadline opening awarded clos e
14 Cost Cost
2.34 New record low for Solar PV 1.99 New MENA record low in the field Cents / kWh project outside Latin America Cents / kWh of onshore wind power projects
Environmental impact Environmental impact
547Kt/year 1,699Kboe/ye a r Fos s il 1,002K t/year 3,114Kboe/ye a r Fos s il CO2 Offs e t Fuel Displacement CO2 Offs e t Fuel Displacement 15