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Book Cover
E-book
Author Akhonbay, Hisham M

Title The Economics of Renewable Energy in the Gulf
Published Milton : Routledge, 2018

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Description 1 online resource (269 pages)
Series Routledge Explorations in Environmental Economics Ser
Routledge Explorations in Environmental Economics Ser
Contents Introduction / Hisham M. Akhonbay and Marilyn Smith -- Overview of energy supply and demand in the GCC / David Wogan [and 3 others] -- Economics of solar power in the GCC : assessing opportunities at residential and utility scales / Amro M. Alshurafa and Walid Matar -- Navigating the transition to renewable energy in the GCC : lessons from the European Union / Maha Alsabbagh and Odeh Al-Jayyousi -- Prioritizing renewable energy in a time of fiscal austerity / Karen E. Young -- De-risking low carbon investments in the GCC / Stephen Gitonga and Walid Ali -- Policies to promote renewables in the Middle East and North Africa's resource rich economices / Rahmatallah Roudineh, Anupama Sen and Bassam Fattouh -- Energy and climate policies to stimulate renewables deployment in GCC countries / Steve Griffiths and Daniah Orkoubi -- Potential impacts of solar energy integration on fuel mix strategies in Qatar / Moiz Bohra [and 3 others] -- Renewable energy and its potential impact on GCC labor markets : opportunites and constraints / Sylvain Cote -- Forging a more centralized GCC renewable energy policy / Omar Al-Ubaydli, Ghada Abdulla and Lama Yaseen
Summary 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
Notes The energy and climate policy nexus, including energy pricing
Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force. WlAbNL
Print version record
Subject Energy development -- Persian Gulf Region
Renewable energy sources -- Economic aspects -- Persian Gulf Region
Renewable energy sources -- Government policy -- Persian Gulf Region
Energy policy -- Persian Gulf Region
BUSINESS and ECONOMICS -- Real Estate -- General
Energy development.
Energy policy.
Renewable energy sources -- Economic aspects
Renewable energy sources -- Government policy
Renewable energy sources -- Persian Gulf Region
Renewable energy sources.
BUSINESS & ECONOMICS -- Environmental Economics.
decarbonization.
energy economics.
energy policy.
fossil fuels.
Gulf states.
hydrocarbons.
renewable energy.
solar power.
Energy development
Energy policy
Renewable energy sources -- Economic aspects
Renewable energy sources -- Government policy
Persian Gulf Region
Form Electronic book
ISBN 9780429786600
0429786603
9780429786594
042978659X