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Study on Renewable Energy Resources, Oman - authority for ...

Study on Renewable Energy Resources, Oman - authority for ...

Renewable Energy Resources in Oman PDO PPP RO RES RET ROP RAECO ST SEI SPA TS Tcf TGC USD VS VAT W WTO WTP Petroleum Development Oman Purchasing Power Parity Rial Omani = 2.6 USD Renewable Energy Systems Renewable Energy Technology Royal Oman Police Rural Areas Electricity Company Steam Turbine Socio-Economic Impact Sales and Purchase Agreement Total Solids Trillion Cubic Feet Tradable Green Certificate US Dollar Volatile Solids Value Added Tax Watt World Trade Organisation Willingness to Pay Conversion factors 1 barrel 158.9 litre 1 barrel crude oil Equivalent to 1325 MWh 1 barrel crude oil equivalent to 4770 MJ 1 kWh 1055 MJ 1 l crude oil equivalent to 30 MJ 1 cubic feet 0.0283168466 m3 1 m3 gas equivalent to 10.8 kWh Page 12 of 134 .

Renewable Energy Resources in Oman 2 Executive Summary 2.1 Purpose of the ong>Studyong> The Authority commissioned this study to provide an overview of renewable sources of energy in Oman, and the potential use of such resources for electricity production. The government of Oman is formulating policies to promote the application of renewable energy technologies. The Authority hopes the results of this study will assist the process of developing renewable energy policies for Oman. In terms of scope: • the study covers solar energy, wind energy, biogas, wave energy and geothermal energy; • the study compares estimates of the cost of electricity produced from renewable energy and the present cost of fossil fuel (primarily natural gas) based electricity generated in Oman; • the study presents an assessment of available renewable energy technologies and the Consultant’s view of their technical suitability for use in Oman considering the available renewable energy resources, environmental conditions, and cost; and • the study considers mechanisms used to provide financial incentives for promoting renewable energy projects, and identifies mechanisms which could be applied in Oman. The technological development of renewable energy technologies is an ongoing process and technologies which are not economically viable today may very soon become relevant for Oman due to the present rapid technological development of renewable energy technologies. The study identifies Concentration Solar Power systems as a technology that may be relevant for future large scale implementation in Oman. Page 13 of 134 .

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