Potential Influences on the Prospect of Renewable Energy Development in OPEC Members

Hanan Alsadi
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Hanan Alsadi: Qatar University

No mhca2, OSF Preprints from Center for Open Science

Abstract: Countries across the world are increasing their share of renewable energy in their daily consumption. However, if this increasing trend in renewable energies would also prevail among Oil Producing Economic Countries (OPEC), is subject to debate. They all have abundant potential to invest in renewable energy sources. Yet, some of the Middle Eastern and Arab Gulf OPEC members do not have or have a small amount of renewable energy sources. In contrast, other members have significant renewable energy sources. The research is deficient in explaining why some OPEC members lag behind other members in their transition to renewable energy, including how Middle Eastern OPEC members are implementing renewable energy. the purpose of this paper is to explore the influences on OPEC members that result in some OPEC members starting to adopt renewable energy and others have not started. The paper proposes recommendations for those countries that are slow or reluctant to embrace renewable energy to achieve a transition from black to green.

Date: 2020-06-13
New Economics Papers: this item is included in nep-ara, nep-ene, nep-env and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:mhca2

DOI: 10.31219/osf.io/mhca2

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