Журнал основ возобновляемой энергии и приложений
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Renewable Energy Challenges and Opportunities in the Kingdom of Saudi Arabia

Mohammed Al Yousif

This paper seeks to introduce a different method of investing in renewable energy, one that will be more attractive to local investors. It concludes that investment in renewable energy is a promising strategy for creating more sustainable jobs for Saudi citizens and promoting the domestic economic diversification. The Saudi renewable energy sector shall increase the contribution that the Saudi non-oil sector makes to the total Saudi economic activities. Further development of the Saudi renewable energy sector should encourage further domestic energy consumption efficiency and less pollution. However, challenges typically thwart progress in the renewable energy sector. These challenges include technical problems, cost issues and lack of financial sources. This paper proposes solutions that should help circumvent these particular challenges.