Paper Title: Evaluating the impact of economic policies on solar energy growth in Iran
Authors: Mahshid Noorollahi, Shahab Eslami, Hossein Yousefi, Arash Shahee, Mahmood Abdoos
Corresponding Author: Hossein Yousefi (hosseinyousefi@ut.ac.ir)/Iran
Abstract
This paper explores the techno-economic implications of Iranian policy instruments designed to promote large-scale photovoltaic (PV) power plants. As global energy demands rise and environmental concerns intensify, transitioning from conventional fossil fuels to renewable energy sources has become imperative. This study investigates the current state of Iran’s electricity market and the effectiveness of its power purchase policies in facilitating PV development. Despite possessing substantial solar energy potential, Iran faces significant challenges, including financial constraints and inconsistent energy policies, which hinder the swift adoption of renewable technologies. The research utilizes a comprehensive approach to assess these barriers and proposes strategic financial solutions to enhance investor confidence and participation in the solar energy sector. Notably, this study contributes to the existing literature by providing a detailed analysis of Iran’s unique socio-economic context and its impact on the implementation of renewable energy policy. The findings underscore the necessity for cohesive governmental support and innovative financing mechanisms to unlock Iran’s vast solar resources, ultimately paving the way for sustainable energy solutions that align with global carbon neutrality goals.
Keywords
Photovoltaic, Renewable energy, Policy instruments, Techno-economic assessment, Sustainable development
