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Economic perspective of PV electricity in Oman

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  • Al-Badi, A.H.
  • Albadi, M.H.
  • Al-Lawati, A.M.
  • Malik, A.S.

Abstract

Solar and wind energies are likely to play an important role in the future energy generation in Oman. This paper utilizes average daily global solar radiation and sunshine duration data of 25 locations in Oman to study the economic prospects of solar energy. The study considers a solar PV power plant of 5-MW at each of the 25 locations. The global solar radiation varies between slightly greater than 4kWh/m2/day at Sur to about 6kWh/m2/day at Marmul while the average value in the 25 locations is more than 5kWh/m2/day. The results show that the renewable energy produced each year from the PV power plant varies between 9000MWh at Marmul and 6200MWh at Sur while the mean value is 7700MWh of all the 25 locations. The capacity factor of PV plant varies between 20% and 14% and the cost of electricity varies between 210 US$/MWh and 304 US$/MWh for the best location to the least attractive location, respectively. The study has also found that the PV energy at the best location is competitive with diesel generation without including the externality costs of diesel. Renewable energy support policies that can be implemented in Oman are also discussed.

Suggested Citation

  • Al-Badi, A.H. & Albadi, M.H. & Al-Lawati, A.M. & Malik, A.S., 2011. "Economic perspective of PV electricity in Oman," Energy, Elsevier, vol. 36(1), pages 226-232.
  • Handle: RePEc:eee:energy:v:36:y:2011:i:1:p:226-232
    DOI: 10.1016/j.energy.2010.10.047
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    References listed on IDEAS

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    1. Al-Badi, A.H. & Malik, A. & Gastli, A., 2009. "Assessment of renewable energy resources potential in Oman and identification of barrier to their significant utilization," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(9), pages 2734-2739, December.
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    6. Amann, Juergen & Cantore, Nicola & Calí, Massimiliano & Todorov, Valentin & Cheng, Charles Fang Chin, 2021. "Switching it up: The effect of energy price reforms in Oman," World Development, Elsevier, vol. 142(C).
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    12. Aldo Orioli & Vincenzo Franzitta & Alessandra Di Gangi & Ferdinando Foresta, 2016. "The Recent Change in the Italian Policies for Photovoltaics: Effects on the Energy Demand Coverage of Grid-Connected PV Systems Installed in Urban Contexts," Energies, MDPI, vol. 9(11), pages 1-31, November.
    13. Al-Badi, A.H. & Malik, A. & Gastli, A., 2011. "Sustainable energy usage in Oman—Opportunities and barriers," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(8), pages 3780-3788.
    14. Okoye, Chiemeka Onyeka & Solyalı, Oğuz, 2017. "Optimal sizing of stand-alone photovoltaic systems in residential buildings," Energy, Elsevier, vol. 126(C), pages 573-584.
    15. Mirzahosseini, Alireza Hajiseyed & Taheri, Taraneh, 2012. "Environmental, technical and financial feasibility study of solar power plants by RETScreen, according to the targeting of energy subsidies in Iran," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(5), pages 2806-2811.
    16. Orioli, Aldo & Di Gangi, Alessandra, 2015. "The recent change in the Italian policies for photovoltaics: Effects on the payback period and levelized cost of electricity of grid-connected photovoltaic systems installed in urban contexts," Energy, Elsevier, vol. 93(P2), pages 1989-2005.
    17. Hussein A. Kazem & Ali H. A. Al-Waeli & Miqdam T. Chaichan & Asma S. Al-Mamari & Atma H. Al-Kabi, 2017. "Design, measurement and evaluation of photovoltaic pumping system for rural areas in Oman," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 19(3), pages 1041-1053, June.
    18. Cosentino, Valentina & Favuzza, Salvatore & Graditi, Giorgio & Ippolito, Mariano Giuseppe & Massaro, Fabio & Riva Sanseverino, Eleonora & Zizzo, Gaetano, 2012. "Smart renewable generation for an islanded system. Technical and economic issues of future scenarios," Energy, Elsevier, vol. 39(1), pages 196-204.
    19. Al Busaidi, Ahmed Said & Kazem, Hussein A & Al-Badi, Abdullah H & Farooq Khan, Mohammad, 2016. "A review of optimum sizing of hybrid PV–Wind renewable energy systems in oman," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 185-193.

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