Renewable Rush in Syria Faces Economic Crisis

Mohamad Abou Houran and Abd Alwahed Dagestani
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Mohamad Abou Houran: School of Electrical Engineering, Xi’an Jiaotong University, Xi’an, China

Financial Economics Letters, 2023, vol. 2, issue 2, 1-5

Abstract: Since 2011, the conflict in Syria left the country with a devastating energy sector and fragile economy. The residents struggle daily to live with only two hours a day of electricity. The crisis encouraged some Syrians to assemble photovoltaic (PV) panels to generate energy. Unfortunately, the geopolitical risks, the inflation, and displacement are making the situation worse. The geopolitical risks are complex and multifaceted due to the ongoing war and the involvement of various regional and international actors. In this letter, we focus on the situation in war-torn Syria, its economy, and the opportunities for renewable energy development in the country. We also give some recommendations for academics and policy makers.

Keywords: Renewable energy; economy crisis; geopolitical risks; Syria; Middle East (search for similar items in EconPapers)
Date: 2023
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