Renewable energy demand in the Lebanese economy

Hanadi Taher

International Journal of Energy Technology and Policy, 2018, vol. 14, issue 4, 487-500

Abstract: This paper studies the renewable energy development in Lebanon. We formulate a model for testing the energy demand based on electricity consumption as proxy for renewable energy usage and other independent variables and develop a set of recommendations regarding the renewable energy development. We test model using a simple regression dataset for Lebanon from 1990 to 2013. The results indicate that energy demand is influenced negatively by electricity consumption, which reflect the renewable energy development in Lebanon. The renewable energy in Lebanon is still in its early stages although it varies from one sector to another thus, development here could be leaded through public and private institutions. Our research findings focus on the role of private and public policies for leading innovation in the renewable energy system as the new energy future for Lebanon and well for the region.

Keywords: renewable energy; energy demand; sustainable energy; economic growth; Lebanese economy. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijetpo:v:14:y:2018:i:4:p:487-500

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