DocumentCode :
3600495
Title :
Roadmap for the promotion of PV electricity in Lebanon
Author :
Mourtada, Adel ; Jouni, Adnan
Author_Institution :
ALMEE, Lebanese Assoc. for Energy Saving & For Environ., Beirut, Lebanon
fYear :
2014
Firstpage :
102
Lastpage :
107
Abstract :
Electricity subsidies are a heavy burden on the Lebanese public budget (18% of government expenditures in 2012). Subsidy to EdL (Electricity of Lebanon) electricity raised 20.7 USC/kWh in 2012. Electricity subsidies from 2006 to 2013 were around S13.3 billion without interest, equivalent to the cost of construction of 2500-3000 MW renewable energy electricity plants and equivalent to the double of the existing operational electricity generation capacity. If we consider the interest, EdL deficit represents near 1/3 of the total public debts. Actual annual subsidy to EdL represents 54% of the annual public debts. Lebanon has many favorable solar resources for a variety of solar energy technologies and applications. A Power Purchase Agreement (PPA) tariff from 14 to 23 USC/kWh would give an internal rate return (IRR) of 16% for a solar electricity mature market and a payback period of 6 years. Therefore, a transition to alternative energy resources, including renewable, will be a matter of necessity sooner or later. This paper describes to a big extent the actual and potential contribution of proposed solar energy, namely PV cells, to the country electricity supply by 2020.
Keywords :
photovoltaic power systems; power system economics; power system planning; solar power; EdL subsidy; Electricity of Lebanon subsidy; IRR; PPA tariff; PV electricity; electricity generation capacity; internal rate return; power 2500 MW to 3000 MW; power purchase agreement; renewable energy electricity plants; solar energy technologies; Electric potential; Electricity; Energy efficiency; Government; Investment; Renewable energy sources; Solar energy; Energy Policy; Lebanon; PV cells; Solar energy;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Renewable Energies for Developing Countries (REDEC), 2014 International Conference on
Type :
conf
DOI :
10.1109/REDEC.2014.7038539
Filename :
7038539
Link To Document :
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