Lebanon s new transportation energy storage science and engineering approval

What is happening in Lebanese energy & infrastructure?

The new impetus for the development of the energy and infrastructure sectors in Lebanon is the CEDRE Conference 1 (Paris IV) that resulted in the international community pledging US$11bn of funding for the Lebanese Government’s Capital Investment Program, conditional on a corresponding reform program.

What is the electricity plan for Lebanon?

The Electricity Plan envisages expansion of the generating capacity in Lebanon by 3,150MW in the next six years. This aggressive plan puts Lebanon on a par with Jordan and Saudi Arabia in terms of market opportunity for independent power producers. Lebanon is currently in the process of financing its first series of independent power projects.

Can Lebanon provide its own domestic gas supply?

In time, this has the potential to provide Lebanon with its own domestic gas supply. As a means of bridging the gap, the Ministry has initiated a procurement process to secure LNG supplies and to charter three FSRUs, to be located at Beddawi, Salaata and Zahrani.

How does the electricity sector affect the Lebanese economy?

The Lebanese economy has a deficit of US$6 billion 2 and GDP growth of approximately 1 per cent. The impact of the electricity sector on this is significant. Whilst public debt is currently 150 per cent of GDP, one third of this is attributable to EdL.

Is Lebanon financing a wind power project?

Lebanon is currently in the process of financing its first series of independent power projects. PPAs for 220MW of wind power projects across three sites in the northern Akkar region of Lebanon were signed in February 2018.

How does Lebanon benefit from the Arab Gas Pipeline?

Lebanon benefits from connection to Egypt via the Arab Gas Pipeline. Gas flows have temporarily ceased due to the Syrian crisis, but the Lebanese Government is understood to be in discussions with Egypt to recommence gas supplies.