Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
1
Saudi Arabia National Renewable Energy Program
16.0
Saudi Arabia significantly increased its renewable energy targets and long term visibility
Planned Capacity (GW)
5-Year Target 12-Year Target
58.7 2.7 CSP
Wind
27.3
Solar PV
Increased 5-Year Target
Extended visibility 2 to 2030
Optimized the energy mix
Manufacturing capacity of 200GW by
Initial Revised 2030 Target 2030
40.0
9.5
2.4 5.9
7.0
20.0
12 pre-developed projects will be tendered in 2019 with a total capacity of ~3.1 GW
3
TOTAL
2,225
850
Qurrayat
200
Madinah
50
Rafha
45
Alfaisalia
600
Rabigh
300
Jeddah
300
Mahad Dahab
20
Saad
600
Alras
300
Wadi Adwawser
70
Qurrayat
40
Yanbu
850
Projects will be deployed in 35+ parks spread across the Kingdom
Waad Al Shammal
Qurayyat
North Tabuk
Tabarjal
Sakaka Al Kahafah
Rafha 35+ parks to be developed by 2030
Midyan
Sourah
Tabuk
Al Masa'a
Unaizah
Qaisumah
Al Ghat Sudair
Spread across
Al-Ula Ar Rass Henakiyah
Shaqra Dhurma
Malham Ghilanah
4 the Kingdom to promote
Yanbu South Yanbu
Khushaybi Madinah
Tuwaiq Riyadh Al Haeer AlQuwaiiyah regional development Mastoorah Mahd Aldhab Duwadimi
Rabigh
South Jeddah Al Faisaliah
Al Laith
Dhahban
Haden
Bisha
Starah
Wadi Ad
Dawasir
Al-Kharj
Layla
Gradual deployment
to mitigate technology risk
Solar PV
Wind
CSP
Farasan
Jazan Sharorah
What is Pre-Development?
Pre-development activities provide certainty and deliver lower project costs
Energy Yield Assessment
Site Selection
Grid Impact
Studies
Input to tender
Reduced risk
Preliminary
Design PPrree--
DDeevveellooppmmenetn t AAccttivivitiiteises
Secure Land 5
Successful IPP
Lower LCoE
Hydrological Assessment
Measure Resource
Geotech. Assessment
Environmental Assessment
Framework for Developing Tendering Policies
Qualification • Technical and
financial criteria
RFP • Local Content
requirements
• Prescriptive technical
parameters of the
plants (location, size,
technology)
• Bank Guarantees, EPC term sheets, O&M term sheets, financial model
Evaluation • Public bid
announcements
• RFP compliance and
than lowest LCOEE
Award 6
• Short listing and
than award. No
alternative bids
or negotiations
Saudi Arabia Localization Objectives
Global Local Content Benchmarks
Bubble size - Installed Renewable Energy Capacity (GW):
<10 GW
10-100 GW
>100 GW
MEIM and PIF are working on complementary tracks to promote localization of manufacturing
Track Development Approach
Allocated Pipeline (% of RE Capacity)
Objectives
9
Tendered
by REPDO
• Competitive tender
• Increasing local content
requirements
30%
• Enable price discovery
• Attract private investments
• Promote market innovation
Awarded
to PIF
• Negotiated deal with international
partner for project development
• Captive offtake from large scale manufacturing (200 GW)
70%
• Fast-track localization
• Target exports of RE equipment
• Develop Giga-scale projects
What Do We Want from Local Content
High
Short-term
localization target
Inverter
Assembly
Nacelle
Assembly
Tower
Technology:
Wind
Solar
Long term cost
Medium-term
localization target
Rotor
Blades
Hub Assembly GDP Impact:
10 50 Mn SAR / GW
competitiveness Module
Long-term localization
Low
target
Drivetrain
Others*
Polysilicon
Drivetrain
Gearbox
Wafer
Cells
Nacelle
Electrical**
Nacelle
Housing
Low Ease of Localization High
Notes: *) Rotor Bearings, Break System, and Main Shaft; **) Power Converter, Transformers, and Fiber-optic Cables
What Do We Want from Local Content Competitive and Sustainable Industry
Value Localization Strategy Approach
• Promote Factory localization
• Expect Development of Supply Chain
$15.000
$120.000
$300.000
$15.000
$1.500.00
Assembling Nacelle in the Country 11
Main System Level (Generator, Gearbox, Transformer…)
Main Subsystem Level Level (Rotor, Stator…)
Subassembly Level
Individual Component Level (Bolts & Nuts)
Captured Value Pyramid
Local Content Roadmap
Short Term (2017) Medium Term (2018-2019) Long Term (2020 onwards)
LCOE Baseline Local Content Buildup Global Competitiveness
Tendering guidelines &
processes established
Introductory
capacity of 700 MW
Established LCOE
price baseline
Kick-start RE supply
chain development
Localization
30%
Tenders designed to
drive local content
Aggressive capacity
scale-up
Balanced LCOE and
Local Content
Setup of solar and wind
industrial clusters
Localization
40% - 60%
Tenders support set up
of export capabilities
Stable development to 12
install 2030 targets
Balanced LCOE and
Local Content
Sustainable and export
oriented RE supply chain
Localization
60%+
Source: Team Analysis
SAK & DAJ