Saudi Arabia has issued a regulatory framework to allow households produce solar energy export unused power to the national grid.
Excess electricity will be offset against future consumption and after a year people will receive cash payments at a tariff approved by the authority.
“What has been achieved is an essential step forward towards the realization of the deployment of renewable energy in the Kingdom of Saudi Arabia,” said Fayez al-Jabri, director-general of technical affairs at the country’s Electricity and Cogeneration Regulatory Authority.
Saudi Arabia has few renewable energy facilities and aims to generate 9.5 gigawatts of electricity annually from renewables by 2023 through 60 projects, investing between $30 billion and $50 billion.
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