Middle East and Africa Renewable Energy Policy Handbook 2024

Middle East and Africa Renewable Energy Policy Handbook 2024



Summary

Middle East and Africa Renewable Energy Policy Handbook 2024” is among the latest region specific policy reports from GlobalData, the industry analysis specialist. The report covers 9 major countries in the Middle East and Africa region - Algeria, Egypt, Iran, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, and United Arab Emirates. The report offers comprehensive information on major policies governing the renewable energy market in these countries. The report discusses renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided by the countries in the region.

The report is built using data and information sourced from industry associations, government websites, and statutory bodies. The information is also sourced through other secondary research sources such as industry and trade magazines.

Scope
  • The report covers policy measures and incentives used by countries in the Middle East and Africa region to promote renewable energy.
  • The report details promotional measures in the Middle East and Africa region both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the region.
  • The report covers 9 major countries in the Middle East and Africa region - Algeria, Egypt, Iran, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, and United Arab Emirates.
Reasons to Buy
  • The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:
  • Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.
  • Identify opportunities and challenges in exploiting various renewable technologies.
  • Compare the level of support provided to different renewable energy technologies in different countries in the region.
  • Be ahead of competition by keeping yourself abreast of all the latest policy changes.


1 Executive Summary
2 Renewable Energy Policy, Algeria
2.1 Renewable Energy Market, Overview
2.2 Policy Snapshot
2.3 Renewable Energy Targets
2.4 Hydrogen Energy
2.5 Energy Transition Plan
2.6 Auctions
2.7 Feed in Tariffs for Wind and Solar
2.8 Nationally Determined Contribution (NDC) to the Paris Agreement
2.9 Foreign Investment Laws and Regulations
2.10 Algeria Renewable Energy Program (AREP)
3 Renewable Energy Policy, Egypt
3.1 Renewable Energy Market, Overview
3.2 Policy Snapshot
3.3 Renewable Energy Targets
3.4 Nationally Determined Contribution
3.5 Egypt Vision 2030
Egypt National Climate Change Strategy
3.6 Electricity Law No. 87 of 2015
3.7 Renewable Energy Law (Decree No. 203/2014)
3.8 Integrated Sustainable Energy Strategy (ISES) 2035
3.9 Build, Own, Operate, and Transfer (BOOT) Scheme
3.10 Reverse Auctions
3.11 Incentives on Renewable Energy Equipment
3.12 Net Metering Scheme
3.13 Waste to Energy Tariff
3.14 Sovereign Guarantee
3.15 Wheeling Schemes
3.16 Tax incentives for green energy investment.
Green Hydrogen Incentives Law
4 Renewable Energy Policy, Iran
4.1 Renewable Energy Market, Overview
4.2 Policy Snapshot
4.3 Renewable Energy Targets
4.4 Hydrogen Energy
4.5 Feed-in Tariffs
4.6 Renewable Energy Development Fund
4.7 Renewable Portfolio Standards
4.8 Support for IPPs to Export Electricity to Neighbouring Countries
4.9 Call for Auction
4.10 Sixth Development Plan
5 Renewable Energy Policy, Israel
5.1 Renewable Energy Market, Overview
5.2 Policy Snapshot
5.3 Renewable Energy Targets
5.4 Independent Electricity Generation Policy
5.5 Government Decision 171/2021 - Transition to a Low Carbon Economy
5.6 Net Metering
5.7 Renewable Power Tenders/Auctions
Innovative Solar Projects
Regulation for Solar PV Rooftop installation on new buildings
6 Renewable Energy Policy, Kuwait
6.1 Renewable Energy Market, Overview
6.2 Policy Snapshot
6.3 Renewable Energy Targets
6.4 Innovative Renewable Energy Research Program
6.5 Renewable Energy Building and Site Integration
6.6 Environment Protection Law
6.7 Nationally Determined Contribution (NDC)
6.8 Auction
7 Renewable Energy Policy, Nigeria
7.1 Renewable Energy Market, Overview
7.2 Policy Snapshot
7.3 Renewable Energy Targets
7.4 Electricity Act 2023
7.5 Energy Transition Plan (ETP)
7.6 Renewable Energy Master Plan (REMP)
7.7 National Renewable Energy and Energy Efficiency Policy (NREEP)
7.8 Off-grid Electrification Strategy
7.9 Feed-in Tariffs (FiTs)
7.10 Net Metering
7.11 Competitive Procurement
7.12 Nigerian Economic Sustainability Plan
7.13 National Energy Efficiency Action Plans (NEEAP)
7.14 Green Bonds
7.15 Solar Hybrid Mini Grid Fund
Minimum Subsidy Tender (MST)
Performance-based Grant Program (PBG)
7.16 Financial Incentives for Renewables
Customs duty exemptions
Tax holidays for manufacturers:
Tax holidays on dividend incomes:
Soft loans and low-interest loans:
8 Renewable Energy Policy, Saudi Arabia
8.1 Renewable Energy Market, Overview
8.2 Policy Snapshot
8.3 Renewable Energy Targets
8.4 Hydrogen Energy
8.5 Saudi Vision 2030 and National Renewable Energy Program (NREP)
8.6 Saudi Green Initiative
8.7 Net Metering
8.8 Renewable Energy Auctions
8.9 National Industrial Cluster Development Program
8.10 Energy Research Innovation Program
8.11 Nationally Determined Contributions (NDC)
8.12 Greenhouse Gas Crediting and Offsetting Mechanism (GCOM)
9 Renewable Energy Policy, South Africa
9.1 Renewable Energy Market, Overview
9.2 Policy Snapshot
9.3 Renewable Energy Targets
9.4 Hydrogen Energy
Hydrogen Society Roadmap
9.5 Renewable Energy Independent Power Producer Procurement Program (REIPPPP)
9.6 Integrated Energy Plan (IEP)
9.7 Integrated Resource Plan (IRP)
9.8 South African Renewable Energy Masterplan (SAREM)
9.9 Net Metering
9.10 Rooftop PV Feed-in Tariff
9.11 Local Content Requirement (LCR)
9.12 Tax incentives.
Carbon Tax
Accelerated Depreciation Allowances
9.13 Green Fund
9.14 Eskom Just Energy Transition Project (EJETP)
10 Renewable Energy Policy, UAE
10.1 Renewable Energy Market, Overview
10.2 Policy Snapshot
10.3 Renewable Energy Targets
10.4 Dubai Integrated Energy Strategy 2030
10.5 Smart Dubai Initiatives
10.6 Dubai Clean Energy Strategy 2050
10.7 UAE Energy Strategy 2050
10.8 Net Metering
10.9 Green Building Code
10.10 Renewable Energy Auctions
10.11 National Climate Change Plan 2050
10.12 Clean Energy Certificates
11 Appendix
11.1 Abbreviations
11.2 Market Definitions
Power
Renewable Power
Installed Capacity
Electricity Generation
Electricity Consumption
11.3 Methodology
Coverage
Secondary Research
Primary Research
Modelling and Forecasting
About GlobalData
Contact Us
List of Tables
Table 1: Renewable Energy Policy, Middle East, and Africa, 2023
Table 2: Policy Snapshot, Algeria, 2023
Table 3: Solar PV Tender Details, Algeria, 2018
Table 4: Solar PV Feed-in Tariffs, Algeria
Table 5: Wind Power Feed-in Tariffs, Algeria
Table 6: Policy Snapshot, Egypt, 2023
Table 7: Policy Snapshot, Iran, 2023
Table 8: Policy Snapshot, Israel, 2023
Table 9: Renewable Energy Auctions, Israel, 2017 - 2024
Table 10: Policy Snapshot, Kuwait, 2023
Table 11: Policy Snapshot, Nigeria, 2023
Table 12: Feed-in Tariffs, Nigeria
Table 13: Policy Snapshot, Saudi Arabia, 2023
Table 14: Policy Snapshot, South Africa, 2023
Table 15: Capacity Awarded, South Africa, 2011-2022
Table 16: Price Trend of Solar PV ($/kWh), REIPPPP, South Africa, 2011-2022
Table 17: Price Trend of Onshore Wind ($/kWh), REIPPPP, South Africa, 2011-2022
Table 18: Policy Snapshot, UAE, 2023
Table 19: Abbreviations

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