Renewable Energy Sources such as Solar and Wind have proven to be beneficial for the environment, society and social life in general. In this article, we will look into solar and how its mass adoption will lead us to adapt to the Environmental Sustainability Goals (ESGs) chartered by the Paris Climate Accord Agreement.
Technologies such as solar have played a pivotal role in destabilizing the oil-based economy which was hurting the atmosphere. By 2100, we need to keep Earth’s temperature under 2 degrees Celsius in order to keep the living life habitable.
Solar will help us in curbing the ever prevalent air pollution problem. Solar plays an instrumental role in limiting greenhouse gases which trap sunlight inside the atmosphere and make our planet warmer.
Extracting non-renewable technologies lead to massive water usage and wastage. Solar is costeffective in that regard as well; sustained on little water resources and only relying on the Sun to make the energy required.
Investing in Solar energy will lead to Jobs and help scale the employment sector- both in the downstream and upstream. Rural areas and areas of suburbs will get an influx of jobs and nations will have improved energy security as they won’t have to rely on importing energy assets from energy-exporting countries.
Solar generated electricity had a dramatic decrease in price per wattage in the last couple of years. This was due to increased scientific research in technology and increased consumer confidence in the product. As national stakeholders are keen to look into it further, solar energy’s increased adoption will yield far better results.
Solar, like most technologies, is susceptible to carbon emissions. Solar has the least carbon emission per KWh that is produced, marked at 20 grams approximately per KWh produced. Due to advancements in technologies, it has decreased by 86% from 143 grams per kWh. This demonstrates Solar as a leading energy technology with the least greenhouse gas emissions.
Raw materials and parts that are involved in making solar panels are plentiful and will not challenge the supply chain equilibrium in the future. Looking at the picture holistically, circular design theory is required to maximize efficiency and assets and minimize resource loss.
Saudi Arabia needs to implement Enhanced Producer Responsibility (EPR). In this program, the solar panels will be sold with recycling as an option. Due to solar panels having a long lifespan, the number of panels that will be recycled will be less than 1% of the active solar panel deployments. This will change in the future with increased solar panels being deployed encouraging economies of scale.
Saudi Arabia needs to take a proactive role in establishing itself as the leader in global PV panels deployment. Its social, environmental and economic impact is far greater than some of its counterparts. It will only get better with increased stakeholder engagements.