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Books > Professional & Technical > Energy technology & engineering > Alternative & renewable energy sources & technology
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The Economics of Renewable Energy in the Gulf (Paperback)
Loot Price: R1,248
Discovery Miles 12 480
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The Economics of Renewable Energy in the Gulf (Paperback)
Series: Routledge Explorations in Environmental Economics
Expected to ship within 12 - 17 working days
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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.
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