In 2009, the Government of Lebanon committed to reach 12% renewable energy in its energy mix by 2020. In addition, the Ministry of Energy and Water, in its Policy Paper for the Electricity Sector, plans to increase the electricity generation capacity based on diversity and security. Even though Lebanon’s share of emissions compared to global emissions is minimal, reaching for renewable energy technologies instead of fossil fuels ensures sustainability.
Now, there is somewhere to start; a cost optimization model has been developed by the UNDP Climate Change Coordination Unit project at the Ministry of Environment and the United Nations Development Program project at the Ministry of Finance to determine the optimal renewable energy mix based on a cost criterion using three technologies: hydropower, wind power and solar energy. The study then analyzes different scenarios while calculating the cost to the Lebanese economy and the government. After the results are presented, the study offers policy suggestions to follow through with the best scenario.
To access the study, click on the below URL:
http://climatechange.moe.gov.lb/Library/Files/Uploaded%20Files/Renewable%20Energy%20-%20Investment%20Cost%20-%20Final%20Version.pdf
Follow us on #climatechangelb to engage with us.
Check the Lebanon Climate Change website: www.moe.gov.lb/climatechange
This segment is brought to you through a partnership between the UNDP Climate Change Team at the Ministry of Environment in Lebanon and the NAHARNET team. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any party/institution.
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