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The Economics of Renewable Energy in the Gulf

The Economics of Renewable Energy in the Gulf PDF Author: Hisham M. Akhonbay
Publisher: Routledge
ISBN: 0429786603
Category : Business & Economics
Languages : en
Pages : 246

Book Description
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 Economics of Renewable Energy in the Gulf

The Economics of Renewable Energy in the Gulf PDF Author: Hisham M. Akhonbay
Publisher: Routledge
ISBN: 0429786603
Category : Business & Economics
Languages : en
Pages : 246

Book Description
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 Economics of Wind Energy

The Economics of Wind Energy PDF Author:
Publisher: EWEA
ISBN:
Category : Offshore wind power plants
Languages : en
Pages : 156

Book Description


Overview of the Economics of Renewable Energy

Overview of the Economics of Renewable Energy PDF Author: Jamal Adghough
Publisher: Cuvillier Verlag
ISBN: 373698765X
Category : Business & Economics
Languages : en
Pages : 25

Book Description
With the start of the Industrial Revolution in the early 18th century, the value of the term ‘energy’ became more important than ever before. Thus, energy development was considered an integral part of economic development, especially in the industrialised countries and has since then been playing a role as a critical and key factor in the global economy. This paper presents an overview of the renewable energies which are being championed as a potentially significant new source of jobs and growth, especially in OECD countries, and are a means of addressing environmental and energy security concerns. In most countries, governments have invested large amounts of public funds to support the development of RE and are thus requiring energy providers to sell significant quantities of it to the public. In fact, accelerating the deployment of renewable energy will fuel economic growth, create new employment opportunities, enhance human welfare, and contribute towards a climate-safe future. There is unmistakably a strong link between the availability of energy resources and economic development (Salah Abo-Sedra et al. Journal of Energy 2014). Apergis and Payne in their work “Energy Consumption and Economic Growth”, as well as Wolde-Rufael (Energy Economics, 2009), argue that the rise in energy demand in African countries is closely linked to income. In other words, energy consumption interacts with economics. This review paper explores this interaction and with help of recent empirical research, shows there are economic benefits and achievements in the renewable energy sector for especially those which are provided by an international institution such as IRENA and OEERE. After having shown the relationship between RE and economics, the economic benefits and the achievements in the renewable energy sector are mentioned. Finally, the benefits of the global trade in RE investment are shown.

Handbook on the Economics of Renewable Energy

Handbook on the Economics of Renewable Energy PDF Author: Pablo del Río
Publisher: Edward Elgar Publishing
ISBN: 1800379021
Category : Business & Economics
Languages : en
Pages : 497

Book Description
Renewable energy technologies produce many measurable benefits, such as a clear reduction in greenhouse gas emissions. However, it is also apparent that these methods of energy production come with costs. Discussing renewable energy developments within an economic context, this pertinent Handbook provides a comprehensive view of the present and future dimensions of renewable energy use.

The Green Economy in the Gulf

The Green Economy in the Gulf PDF Author: Mohamed Abdel Raouf
Publisher: Routledge
ISBN: 131740369X
Category : Business & Economics
Languages : en
Pages : 312

Book Description
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 PDF Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
ISBN: 9292602098
Category : Technology & Engineering
Languages : en
Pages : 304

Book Description
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.

The Applied Economics of Renewable Energy

The Applied Economics of Renewable Energy PDF Author: Jamal Adghough
Publisher: Cuvillier Verlag
ISBN: 3736988605
Category : Business & Economics
Languages : en
Pages : 25

Book Description
This essay draws a picture of the applied economics of renewable energy which is being championed as a potentially significant new source of jobs and growth, especially in OECD (Organization for Economic Cooperation and Development) countries, and a means of addressing environmental and energy security concerns. In most countries, governments have invested large amounts of public money to support RE development and are requiring significant quantities of it to be sold by energy providers. In fact, accelerating the deployment of renewable energy will fuel economic growth, create new employment opportunities, enhance human welfare, and contribute to a climate-safe future. So, what are the economic benefits and achievement in the renewable energy sector? What is applied economics, and how can renewable energy be studied from this side? These are some of the questions explored by this report. Finally, the essay explores the global trade in RE investment.

Renewable Energy in the Middle East

Renewable Energy in the Middle East PDF Author: Michael Mason
Publisher: Springer Science & Business Media
ISBN: 1402098901
Category : Science
Languages : en
Pages : 261

Book Description
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 Energy

The Economics of Energy PDF Author: Les Livingstone
Publisher: Lulu.com
ISBN: 0557053870
Category : Business & Economics
Languages : en
Pages : 129

Book Description
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?

Political Economy of Energy Reform

Political Economy of Energy Reform PDF Author: Giacomo Luciani
Publisher:
ISBN: 9783940924407
Category : Energy development
Languages : en
Pages : 0

Book Description
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.