The Economics of Renewable Energy in the Gulf

The Economics of Renewable Energy in the Gulf
Author: Hisham M. Akhonbay
Publisher: Routledge
Total Pages: 246
Release: 2018-09-27
Genre: Business & Economics
ISBN: 0429786603

The Cooperation Council for the Arab States of the Gulf (GCC) has been at the epicenter of global energy markets because of its substantial endowment of hydrocarbons. Yet countries in the region have also stated their intent to be global leaders in renewable energy. This collection explores the drivers for the widespread adoption of renewable energy around the GCC, the need for renewable energy and the policy-economic factors that can create success. All six countries within the GCC have plans to include renewable energy power generation in their energy mix for various reasons including: a growing demand for electricity because of increasing populations, an increasing government fiscal deficit due to inefficient subsidies, the need to diversify the economy and global pressure to meet climate change requirements. However, the decision of when and by how much to introduce renewable energy is fraught with complications. In this book, a stellar cast of regional policy and academic experts explore the reasons behind these renewable energy plans and the potential impediments to success, whether it be the declining cost of producing energy from hydrocarbons, an infrastructure which needs to be updated, social acceptance, lack of financing and even harsh weather. Weighing up all these factors, the book considers the route forward for renewable energy in the Gulf region. The Economics of Renewable Energy in the Gulf offers an excellent examination of the adoption of renewable energy in the area. It will be of great interest to academic researchers and policy makers alike, particularly those working in the areas of energy economics, public policy and international relations.

The Green Economy in the Gulf

The Green Economy in the Gulf
Author: Mohamed Abdel Raouf
Publisher: Routledge
Total Pages: 312
Release: 2015-07-30
Genre: Business & Economics
ISBN: 131740369X

Filling a void in academic and policy-relevant literature on the topic of the green economy in the Arabian Gulf, this edited volume provides a multidisciplinary analysis of the key themes and challenges relating to the green economy in the region, including in the energy and water sectors and the urban environment, as well as with respect to cross-cutting issues, such as labour, intellectual property and South-South cooperation. Over the course of the book, academics and practitioners from various fields demonstrate why transitioning into a ‘green economy’ – a future economy based on environmental sustainability, social equity and improved well-being – is not an option but a necessity for the Gulf Cooperation Council (GCC) States. Through chapters covering key economic sectors and cross-cutting issues, the book examines the GCC states’ quest to align their economies and economic development with the imperatives of environmental sustainability and social welfare, and proposes a way forward, based on lessons learned from experiences in the region and beyond. This volume will be of great relevance to scholars and policy makers with an interest in environmental economics and policy.

Renewable energy market analysis: GCC 2019

Renewable energy market analysis: GCC 2019
Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
Total Pages: 304
Release: 2019-01-01
Genre: Technology & Engineering
ISBN: 9292602098

This report explores the prospects for renewables to diversify national economies and the combined GCC energy mix, while helping the region meet climate goals and contribute to the 2030 Agenda for Sustainable Development.

Renewable Energy in the Middle East

Renewable Energy in the Middle East
Author: Michael Mason
Publisher: Springer Science & Business Media
Total Pages: 261
Release: 2009-08-28
Genre: Science
ISBN: 1402098901

Energy insecurity is not normally associated with the Middle East. However, away from the oil-rich Persian Gulf, the countries of the eastern Mediterranean are particularly vulnerable. Their fossil fuel endowments are low, while their fractious relationships with each other have long fostered wider political insecurities. Focusing on the Jordan Basin (Israel, the Palestinian Territories, Lebanon and Jordan), this timely volume addresses the prospects for the adoption of renewable energy in the oil-poor Middle East. Featuring regional energy experts, it offers an invaluable survey. After outlining the regional security context, this book first reviews renewable energy policy and practices in the Jordan Basin. It then considers options for greening energy use, including promising pilot projects in North Africa. The initiatives discussed encompass renewable energy finance, energy-efficient rural communities, and solar and wind energy. There is significant potential for an increase in the uptake of renewable energy technologies in the eastern Mediterranean. This window of opportunity has been created by high oil prices, energy infrastructure investment opportunities, and the UN climate change regime. In conclusion, the book considers the institutional conditions for collaborative decision-making on renewable energy. Such cooperation would deliver substantial security and human development benefits to the region, and indeed the world.

The Economics of Renewable Energy

The Economics of Renewable Energy
Author: Geoffrey Heal
Publisher:
Total Pages: 30
Release: 2009
Genre: Renewable energy sources
ISBN:

Abstract: Greater use of renewable energy is seen as a key component of any move to combat climate change, and is being aggressively promoted as such by the new U.S. administration and by other governments. Yet there is little economic analysis of renewable energy. This paper surveys what is written and adds to it. The conclusion is that the main renewables face a major problem because of their intermittency (the wind doesn't always blow nor the sun always shine) and that this has not been adequately factored into discussions of their potential. Without new storage technologies that can overcome this intermittency, much of the decarbonization of the economy will have to come from nuclear, carbon capture and storage (CCS) and energy efficiency (geothermal and biofuels can make small contributions). Nuclear and CCS are not without their problems. New energy storage technologies could greatly increase the role of renewables, but none are currently in sight

The Economics of Energy

The Economics of Energy
Author: Les Livingstone
Publisher: Lulu.com
Total Pages: 129
Release: 2009-03-04
Genre: Business & Economics
ISBN: 0557053870

Energy powers our entire economy and is an essential resource in every industry and every home. What are our best choices from coal, oil, gas, nuclear, hydro, wind, ethanol, biomass, solar, and others? And can we depend on imports, or should we strive for energy independence?

Reflections-The Economics of Renewable Energy in the United States

Reflections-The Economics of Renewable Energy in the United States
Author: Geoffrey M. Heal
Publisher:
Total Pages:
Release: 2015
Genre:
ISBN:

Greater use of renewable energy is seen as a key component of any move to combat climate change, and is being aggressively promoted as such by the new U.S. administration. Yet there has been little economic analysis of renewable energy. This article surveys the literature on the economics of renewable energy and adds to it. The conclusion is that the main renewables face a major problem because of their intermittency (the wind doesn't always blow nor does the sun always shine) and that this has not been adequately factored into discussions of their potential. Without new storage technologies that can overcome this intermittency problem, much of the decarbonization of the economy will have to come from nuclear, carbon capture and storage (CCS), and energy efficiency, with geothermal and biofuels making small contributions. Nuclear and CCS are not without their problems. New energy storage technologies could greatly increase the role of renewables, but none are currently in sight.

The Design and Sustainability of Renewable Energy Incentives

The Design and Sustainability of Renewable Energy Incentives
Author: Peter Meier
Publisher: World Bank Publications
Total Pages: 311
Release: 2014-11-10
Genre: Business & Economics
ISBN: 1464803145

This study provides economic models of the sustainability and affordability of renewable energy support schemes alongside operational advice on how the regulatory design may need to be modified to minimize the impact on the budget and be affordable to the poor, as well as how to identify and fill the financing gap.

Political Economy of Energy Reform

Political Economy of Energy Reform
Author: Giacomo Luciani
Publisher:
Total Pages: 0
Release: 2014
Genre: Energy development
ISBN: 9783940924407

Climate change requires coordinated global responses. All nations, including major Gulf Arab oil producers, should implement policies to contain greenhouse gas (GHG) emissions. Yet all realistic scenarios point to the continuing global need for fossil fuels. The countries of the Gulf Cooperation Council (GCC) thus face a dilemma between continuing development and use of their fossil fuel endowments and increasing reliance on low carbon sources, such as nuclear, solar or wind. This book explores various facets of the dilemma.

Future Arabian Gulf Energy Sources

Future Arabian Gulf Energy Sources
Author: The Emirates Center for Strategic Studies and Research
Publisher: Emirates Center for Strategic Studies and Research
Total Pages: 56
Release: 2008-06-10
Genre: Antiques & Collectibles
ISBN: 9948009894

The Gulf Cooperation Council (GCC) countries have recognized the urgent need for a dramatic increase in electricity production in the coming decades in order to support rapid economic and social development in the region. The populations of the GCC countries are among the highest per capita users of energy in the world today, partly due to the harsh climate, but also to profligate use and inefficiencies in transmission and consumption. In order to meet future energy requirements, electricity generation must increase significantly and per capita consumption and waste decline dramatically. The economic development and continued urbanization of the Gulf region depend on energy from a variety of sources. It was with these challenges in mind that the Emirates Center for Strategic Studies and Research (ECSSR) convened its 13th Annual Energy Conference on November 19–21, 2007 in Abu Dhabi under the title Future Arabian Gulf Energy Sources: Hydrocarbon, Nuclear or Renewable? Visiting experts and policy makers were invited to share their views on the future composition of the Gulf energy sector and the challenges faced by the Gulf states in meeting their growing energy needs. This volume represents a valuable collection of these expert views, assessing trends and projections for Gulf energy requirements in the coming decades and addressing the need for greater conservation of energy and electricity, as well as methods with which to reduce the anticipated surge in demand. It also examines the potential role of renewable energy in the Gulf in powering both electricity generation and transport, and assesses the suitability of Nuclear energy as an alternative source of power generation in the coming decades. Furthermore, the technical, geopolitical and strategic concerns surrounding the use of nuclear power in a vitally important region like the Arabian Gulf are considered.