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What can GCC countries learn from well-established green power markets in other countries?

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  • Dagher, Leila
  • Mansour, Mohamad

Abstract

The GCC countries are well positioned to introduce a successful voluntary green power market. To set the stage for a good uptake of green power products: (1) awareness and marketing campaigns should be launched early on, (2) certification by an international independent accreditation firm should be made compulsory, and (3) to maximize the public prestige factor customers could be given wall decals or car stickers to display. However, even the strongest voluntary markets around the world still suffer from low penetration rates. However, this can soon change with the continuous decline in RE prices. However, in the meantime the GCC governments can start preparing the ground for a successful introduction of voluntary green power markets.

Suggested Citation

  • Dagher, Leila & Mansour, Mohamad, 2020. "What can GCC countries learn from well-established green power markets in other countries?," MPRA Paper 116073, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:116073
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    green power; GCC; renewable electricity;
    All these keywords.

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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