Title: Renewable energy demand in the Lebanese economy
Authors: Hanadi Taher
Addresses: Beirut Arab University, Beirut Lebanon, P.O. Box 115020, Riad El Solh 1172809, Lebanon
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.
DOI: 10.1504/IJETP.2018.095607
International Journal of Energy Technology and Policy, 2018 Vol.14 No.4, pp.487 - 500
Received: 07 Feb 2017
Accepted: 27 Oct 2017
Published online: 12 Oct 2018 *