Renewable energy management system for Saudi Arabia: Methodology and preliminary results

Gherboudj, Imen; Zorgati, Mohamed; Chamarthi, Phani-Kumar; Tuomiranta, Arttu; Mohandes, Baraa; Beegum, S. Naseema; Al-Sudairi, Jood; Al-Owain, Omar; Shibli, Hussain; Moursi, Mohamed Shawky El; Ghedira, Hosni

doi:10.1016/j.rser.2021.111334

Cited by 8 publications

(2 citation statements)

References 79 publications

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“…Specific instances of green fintech implementation include implementing a renewable energy management system (REMS) in Saudi Arabia. The system carries out daily power generation forecasts, which the system operator utilizes to optimize power generation [10]. Top-notch geospatial and web interface technologies are applied to enhance the visualization and interaction with data from power plants to predict variables that, in turn, optimize power generation and consumption to achieve sustainability.…”

Section: Introductionmentioning

confidence: 99%

Pioneering Perception of Green Fintech in Promoting Sustainable Digital Services Application within Smart Cities

2023

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The emergence of fintech has revolutionized the traditional financial landscape, offering fast and efficient services to consumers while reducing costs for financial institutions. With the continuous advancements in technology, the fintech industry is expected to grow rapidly in the coming years, providing greater access to financial services and increasing financial inclusion across the globe. The main question explored in this study was: What is the impact of green Fintech on sustainability and consumer behavior within smart cities? The objectives of this study included analyzing the perceptions of consumers in the Middle East concerning green fintech’s impact on sustainability and examining green fintech policies and initiatives to identify how they shape consumer behavior. The current study employed qualitative methods, where eight participants were sampled and interviewed regarding the topic and six primary articles were sampled and analyzed. The interviews were conducted online, recorded, and later transcribed for analysis. The results show that green fintech promotes sustainability by encouraging companies to invest in renewable energy as a strategy for accessing more funds at lower interest rates. Moreover, green fintech was realized to enhance financial inclusion as small businesses and startups could easily access funding for innovating technologies that promote sustainability. However, a major challenge hindering the extensive adoption of green fintech identified was the limitation imposed by current regulatory framework. A conclusion from this study is that increasing consumer awareness of green fintech products and their benefits can help increase the rate of implementation of sustainable practices in organizations.

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Section: Introductionmentioning

confidence: 99%

Pioneering Perception of Green Fintech in Promoting Sustainable Digital Services Application within Smart Cities

2023

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“…Previously, in 1991 Nonaka Takeuchi incorporates the knowledge management chain into the decision-making process; furthermore, during the 2021 in Ref. [ 4 ], the authors proposed a knowledge exchange through several systems in industry companies, by collaboration between teams, in the energy chain “system operators, independent power producers and transmission service providers” [ 4 ]. A main problem of the energy companies is to retain specialized engineers, to spread the knowledge.…”

Section: Introductionmentioning

confidence: 99%

Converting data into knowledge with RCA methodology improved for inverters fault analysis

Velásquez

Lara

2022

Heliyon

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Capacity and strategies of energy production from renewable sources in Arab countries until 2030: a review from renewable energy potentials to environmental issues

Dadashi

Mahmoudi

Rashidi

2022

Environ Sci Pollut Res

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Renewable energy management system for Saudi Arabia: Methodology and preliminary results

Cited by 8 publications

References 79 publications

Pioneering Perception of Green Fintech in Promoting Sustainable Digital Services Application within Smart Cities

Pioneering Perception of Green Fintech in Promoting Sustainable Digital Services Application within Smart Cities

Converting data into knowledge with RCA methodology improved for inverters fault analysis

Capacity and strategies of energy production from renewable sources in Arab countries until 2030: a review from renewable energy potentials to environmental issues

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