What can GCC countries learn from well-established green power markets in other countries?

Leila Dagher () and Mohamad Mansour

MPRA Paper from University Library of Munich, Germany

Abstract: The GCC countries are well positioned to introduce a successful voluntary green power market. To set the stage for a good uptake of green power products: (1) awareness and marketing campaigns should be launched early on, (2) certification by an international independent accreditation firm should be made compulsory, and (3) to maximize the public prestige factor customers could be given wall decals or car stickers to display. However, even the strongest voluntary markets around the world still suffer from low penetration rates. However, this can soon change with the continuous decline in RE prices. However, in the meantime the GCC governments can start preparing the ground for a successful introduction of voluntary green power markets.

Keywords: green power; GCC; renewable electricity (search for similar items in EconPapers)
JEL-codes: Q42 Q48 Q56 (search for similar items in EconPapers)
Date: 2020
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Published in Springer International Publishing, DOI: 10.1007/978-3-030-39734-0 In A. Bumajdad et al. (Eds.), Gulf Conference on Sustainable Built Environment (2020): pp. 309-326

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:116073

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