Saudi Arabia plans to become a renewable energy power but three reasons let it not be so easy to implement

Feng crib, professor. Master tutor, graduated from department of zhejiang university in 1958, from 1987 to 1989 by the state education commission under the Japanese classroom visit, a researcher at kyushu university in electrical engineering, research interests include power electronics and electric drive, 1995 under the Japanese kagoshima university as a visiting professor, should employ scientific research project, a professor at the Hong Kong polytechnic university in 2003. The current holley college of guangdong university of technology, director of the electrical system of the institute of automation, guangdong province, a professor committee member of guangdong province, the application of frequency conversion technology, inverter world magazine editors. In 1993 & other; General inverter development research & throughout; Project won third prize in guangdong province scientific and technological progress, 'the application of frequency converter and maintenance' won second prize in central university library. In 1995, special-class award of guangdong nan yue outstanding teachers, and won the national outstanding teacher award. Published works of six books, published 80 papers.

solar photovoltaic webex: Saudi because of its key role in the global oil market and become the center of regional power, now, Saudi Arabia plans to become a renewable energy power. The oil kingdom has incredible sunny day, cloudy day, only 45 days a year. Saudi Arabia also has the huge potential of wind power generation, especially in the red sea region. In addition, Saudi Arabia has stepped onto the path to about 19 reactor nuclear power plant. Recently, the Saudi government has made it clear that intends to expand its share of renewable energy.

in Saudi Arabia or a country by the old man came to power, however, salman cultivate his son king muhammad & middot; This & middot; Salman ( MBS) Be a leader in the country's successors and as a matter of fact. Saudi prince he plans to reduce our dependence on oil economy and economic diversification, the Saudi government & other; 2030 vision & throughout; Plan Outlines the Saudi source in the national economic development and growth target diversification, create the renewable energy sector is an important part of the plan. In addition to economic diversification, will also promote clean energy production. Saudi production of 10 million barrels of oil a day on average, most of which export, only about one million barrels of oil a day to generate electricity.

the main focus of Saudi renewable energy plan is solar power, the country has announced several large solar projects. Saudi Arabia's goal is to invest $50 billion to expand photovoltaic devices, and plans to 2032, 41000 megawatts of solar panel installation. In addition to the solar power infrastructure construction, there are several companies signed a contract worth $500 million to build the first Saudi wind farms.

economic and political factors prompted Saudi Arabia to establish a key domestic industry from scratch, the industry should provide 15% of the energy before 2032. Saudi energy research center admits, by 2032, the oil will still is an important part of its energy structure, but also there will be 41 gigawatts of solar energy, 17. 6 gigawatts of nuclear power, 9 gw 1 gw of wind power and geothermal energy.

despite the media reported much Riyadh plans to reform and investment in alternative energy, but not many project implementation in recent years. Some projects is impractical, the relationship between the authorities and the treatment led to a disappointing outcome, with Japan's softbank plan for 200 gigawatts of solar power plant investment of 200 billion dollars, this is a typical project, but failed to deliver due to improper planning and impractical.

in addition, Saudi royal political error resulting in a decline in investor confidence. Prince was accused of yemen was responsible for the disastrous war, the war led to the planet's largest humanitarian crisis. Reporter card suu kyi, Jamal Khashoggi) Events also makes investors on the investment environment of Saudi Arabia and safety fears, also makes its investment plans with softbank is affected. Third, the influence of Riyadh implements its commitment to renewable energy targets is an important factor in oil prices. As the world's largest oil exporter, its advantage is to the state Treasury provided large sums of money. When oil prices collapsed in 2014, the Saudi realized its oil revenues to the state Treasury and the importance of the oil industry to provide employment opportunities. In recent years, however, because of the increase in oil exporters the international status of the ease the pressure on the Saudi leadership to promote reform.

it has been proved that energy transformation is a difficult and complex task. Riyadh from scratch in only a few years created an important renewable energy market, setting a new benchmark. Sustained low energy prices, due to the Saudi royal reform lead to political instability and international investors are reluctant to provide funds, these factors could damage the renewable energy projects in Saudi Arabia. Even so, the Saudi advantageous geographical location, coupled with the cost of solar and wind power equipment down, Saudi Arabia can still be a hard for renewable energy.

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at the beginning of New Year, more warming signals in photovoltaic market! （ Source: WeChat public & other; A number of new energy & throughout; ID:一个 能源) Market pv installed soes crossover since years ago parity policy released online, signs of photovoltaic industry ushered in the stranger. Annual leave, the photovoltaic industry capital market performance is good, the product price to modestly, some enterprises began to strike first, heighten the market battle. In addition to the change of the industry itself