Arab States and Sustainable Energy
Capabilities: Brief Profiles on Thirteen Countries’ Promising Renewable
Energy and Energy Efficiency Markets
Cairo, Egypt – 21st
May, 2013 - The Regional Center for Renewable Energy and Energy
Efficiency (RCREEE) has published brief studies on its member states’
renewable energy and energy efficiency market. RCREEE’s thirteen Arab
member states were ranked on fixed dimensions that include investments,
institutional capacity, electricity pricing, future targets, and
policies. The country profiles also analyze current and planned
renewable energy projects. The profiles provide a simple tool for
policy makers, researchers, and investors to know more about Arab
states’ readiness in the field
RCREEE launch the profiles at the
Arab Energy Efficiency Day in 21st May in Cairo
Insights on Renewable Energy
· Jordan
and Tunisia are among the best in terms of instituting financial
incentives for investors and reducing the subsidies on conventional
fuels
Morocco
leads the region with the lowest subsidies for conventional fuel and
the biggest share of wind energy in its generation mix
Jordan and Palestine have an opportunity to capitalize on their progressing regulatory framework
Morocco and Algeria aim for 42% and 40% share of energy from renewable resources by 2020 and 2030 respectively
Egypt
leads the region’s wind market with a current 550MW capacity and 11
more new projects in pipeline. Egypt's first private wind farm is
currently under construction
Libya
demonstrates strong commitment for pursuit of renewable energy. The
first 60 MW wind farm in Darnah and 14 MW PV plant in Al-Jofra are
already under construction
Bahrain has the most liberalized electricity market with 80% of power produced by independent private producers
Sudan plans to be less-dependent on hydroelectricity
Yemen plans to have 28.2% share of renewable energy from geothermal resources by 2025
Palestine
has the highest rate of solar water heaters diffusion in the region.
Almost 70% of households in Palestine are equipped with Solar Water
Heaters
Insights on Energy Efficiency
Tunisia leads the region with the most progressive regulatory framework for energy efficiency
During 2011-2012, Lebanon, Palestine, Egypt and Sudan
announced their National Energy Efficiency Action plans
Libya and Yemen need to continue enhancing their regulatory framework, implementation capacity, and electricity pricing
Morocco witnesses positive impact of its progressive electricity pricing system
Lebanon offers attractive financial incentives for investments in energy efficiency projects
Algeria has comprehensive regulatory framework, but needs to enhance its implementation capacit