Harnessing the sun and wind for economic development?: An economy-wide assessment for Egypt

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dc.creatorAl-Riffai, Perrihan
dc.creatorBlohmke, Julian
dc.creatorBreisinger, Clemens
dc.creatorWiebelt, Manfred
dc.date2015-06-18
dc.date2024-08-01T02:49:26Z
dc.date2024-08-01T02:49:26Z
dc.date.accessioned2026-06-27T15:35:02Z
dc.descriptionWhile the recent political transition in Egypt has delayed much-needed policy reforms, our paper suggests that under certain conditions, fostering the national renewable energy strategy may be a promising way of giving an ailing economy an urgently needed impetus. Based on the literature and results of a renewable-energy focused computable general equilibrium model, we recommend that Egypt supports the generation of wind power. While some energy may be exported to generate foreign exchange, a substantial part of the newly produced energy should be sold domestically to ease existing supply constraints and to avoid Dutch disease effects. In addition, and in order to maximize the benefits of renewable energy sources, the renewable energy strategy should be accompanied by a (further) reduction of energy subsidies. Finally, lessons from other countries suggest that sound institutions; appropriate, clear and lasting regulations; careful technology transfer; and cross-ministerial coordination are important for success.
dc.identifierhttps://hdl.handle.net/10568/149494
dc.identifier.urihttp://hdl.handle.net/123456789/108551
dc.languageen
dc.publisherMDPI
dc.relationhttps://erf.org.eg/publications/harnessing-the-sun-and-wind-for-economic-development-an-economy-wide-assessment-for-egypt/
dc.rightsOpen Access
dc.sourceAl-Riffai, Perrihan; Blohmke, Julian; Breisinger, Clemens; and Wiebelt, Manfred. 2015. Harnessing the sun and wind for economic development? An economy-wide assessment for Egypt. Sustainability 7(6): 7714-7740. https://doi.org/10.3390/su7067714
dc.subjectincome
dc.subjecteconomic development
dc.subjectincome distribution
dc.subjecteconomic policies
dc.subjectrenewable energy
dc.subjectcomputable general equilibrium models
dc.subjectsubsidies
dc.subjectenergy
dc.subjectclimate change
dc.titleHarnessing the sun and wind for economic development?: An economy-wide assessment for Egypt
dc.typeJournal Article

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)