Updates on KSA program and initiatives to grow its renewable energy portfolio Dr. Raed Bkayrat Solar Energy Trade Mission, Riyadh, 26/11/2019 Ramp up of Renewable Deployment By 2030 Global cumulative PV and Wind to reach ca 4000 GW Saudi Arabia at 200GW is ca 5% of total global installed capacity National Renewable Energy Program The National Renewable Energy Program • Implemented by the Renewable Energy Project Development Office (REPDO) at the Ministry of Energy, under the auspices of the King Salman Renewable Energy Initiative • Supports all RE related initiatives in the Kingdom • Reviews legal & regulatory framework Target & objectives Investing for the long term Create renewable energy industry Localization is key Encourage Public-Private partnerships Localize R&D, manufacturing Allow the private sector to buy & and other sections of the value chain invest in renewable energy (RE) National Renewable Energy Program Renewable Technologies Targeted Solar PV Wind Solar CSP Saudi Arabia significantly increased its renewable energy targets Planned Capacity (GW) Increased 5-Year Target 12-Year Target 5-Year Target 58.7 2.7 Extended visibility CSP to 2030 16.0 Wind 23.3 Optimized the energy mix 7.0 9.5 40.0 Solar PV Manufacturing capacity of 200GW 2.4 20.0 by 2030 5.9 Initial Revised 2030 Target National Renewable Energy Program Sites selected on multi-criteria basis Stakeholder Renewables Land Development engagement GIS analysis availability status Displacement of Economic Long-term water & high value fuels development power plan (LTP) What is REPDO’s Pre-Development? Pre-development activities provide certainty and deliver lower project costs Site Selection Energy Yield Grid Impact Input to tender Assessment Studies Pre- Reduced risk Preliminary Development Secure Design Activities Land Successful IPP Hydrological Measure Assessment Resource Lower LCoE Geotech. Environmental Assessment Assessment ME & PIF are working jointly to promote localization of manufacturing Track Development Approach Allocated Pipeline Objectives (% of RE Capacity) • Competitive tender • Enable price discovery Tendered • Increasing local content 30% • Attract private investments by REPDO requirements • Promote market innovation • Negotiated deal with • Fast-track localization international partner for project • Target exports of RE Awarded development 70% equipment to PIF • Captive offtake from large scale • Develop Giga-scale projects manufacturing (200 GW) 12 pre-developed projects will be tendered in 2019 with a total capacity of ~3.1 GW Qurrayat Al Faisaliyah Saad Wadi Ad Dawasir Yanbu TOTAL 200 600 300 120 850 Madinah Rabigh Ar Rass Layla 50 300 700 70 2,225 Rafha Jeddah 20 300 Mahad Al Dahab 850 20 Projects will be deployed in 35+ parks Waad Al Shammal Qurayyat Tabarjal Rafha Sakaka Dumat Al Jandal North Tabuk Al Kahafah Midyan Tabuk Qaisumah 35+ parks Al Masa'a Sourah to be developed by 2030 Unaizah Al Ghat Sudair Al-Ula Shaqra Ar Rass Malham Henakiyah Dhurma Ghilanah Khushaybi Tuwaiq Madinah Riyad Al Haeer Yanbu h Spread across AlQuwaiiyah South Yanbu Duwadimi Mastoorah Starah Dhahban Al-Kharj the Kingdom to promote Rabigh Mahd Aldhab South Jeddah regional development Haden Al Faisaliah Layla Al Laith Bisha Wadi Ad Dawasir Gradual deployment to mitigate technology risk Jazan Solar PV Farasan Sharorah Wind CSP 12 PPA evolution to provide value add to developer and off taker Middle East & North Africa ﺍﻟﺸــــــــــــــــــــﺮﻕ ﺍﻷﻭﺳــــــــــــــــــــﻂ ﻭﺷﻤـــــــــــــــــــﺎﻝ ﺍﻓﺮﻳﻘﻴـــــــــــــــــــﺎ ﻛﺷ ر ا زﺟ ﯾ ﻼﯾز ارﻛ www.cebcmena.com [email protected].