Lebanon energy storage 2025 subsidy policy

What are the benefits of renewables in Lebanon?

The additional benefits of renewables are summarised in Boxes 2 and 3. The technological advancements in the areas of P2P trading and blockchain promote the implementation of community-scale renewable energy systems which, in turn, can boost the number of small-scale decentralised solar PV systems in Lebanon.

Can Lebanon get 30% of its electricity from renewables?

Lebanon could realistically and cost-effectively obtain 30% of its electricity supply from renewables by 2030, the study finds. But doing so requires considerable acceleration, effectively doubling the share expected from existing plans and policies. The LCEC action plan for solar and wind development represents a notable step in this direction.

How many NEEAP initiatives are there in Lebanon?

The first NEEAP for Lebanon introduced fourteen initiatives in 2010 related to renewable energy and energy eficiency, combined. The most successful was initiative 11, which introduced the National Energy Eficiency and Renewable Energy Action (NEEREA) dedicated to distributed solar applications.

How is Lebanon preparing for future needs?

To prepare for future needs, Lebanon has set out to diversify its energy mix. This started with national action plans to scale up renewables and improve energy eficiency in 2016-2020, with an initial target for solar, wind, bioenergy and hydropower to cover some 12% of primary energy consumption.

How does energy affect Lebanon's economy?

Energy and electricity demand have weighed heavily on Lebanon’s economy. Imported fuel oil accounts for nearly a quarter of the national budget deficit, while electricity demand outpaces power generation capacity. Renewable energy technologies, in contrast, offer the prospect of clean, fully domestically sourced power and heat systems.

Why is there a shortage of electricity in Lebanon?

In addition, in recent years Lebanon has experienced significant intermittency of electricity imports owing to regional instability. As well as threatening the country’s energy security, this has aggravated the electricity supply shortage.