Open Access Letter

Renewable Rush in Syria Faces Economic Crisis

by Mohamad Abou Houran a orcid  and  Abd Alwahed Dagestani b, c,* orcid
a
School of Electrical Engineering, Xi’an Jiaotong University, Xi’an, China
b
School of Business, Central South University, Changsha, China
c
Faculty of Economics, University of Tishreen, Lattakia, Syria
*
Author to whom correspondence should be addressed.
FEL  2023 2(2):11; https://doi.org/10.58567/fel02020001
Received: 3 September 2023 / Accepted: 13 September 2023 / Published Online: 11 October 2023
View Full-Text
Download PDF

Abstract

Since 2011, the conflict in Syria left the country with a devastating energy sector and fragile economy. The residents struggle daily to live with only two hours a day of electricity. The crisis encouraged some Syrians to assemble photovoltaic (PV) panels to generate energy. Unfortunately, the geopolitical risks, the inflation, and displacement are making the situation worse. The geopolitical risks are complex and multifaceted due to the ongoing war and the involvement of various regional and international actors. In this letter, we focus on the situation in war-torn Syria, its economy, and the opportunities for renewable energy development in the country. We also give some recommendations for academics and policy makers.

Keywords: Renewable energy; economy crisis; geopolitical risks; Syria; Middle East;
Copyright: © 2023 by Houran and Dagestani. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

Funding

National Natural Science Foundation of China (52150410418)

Share and Cite

ACS Style
Houran, M. A.; Dagestani, A. A. Renewable Rush in Syria Faces Economic Crisis. Financial Economics Letters, 2023, 2, 11. https://doi.org/10.58567/fel02020001
AMA Style
Houran M A, Dagestani A A. Renewable Rush in Syria Faces Economic Crisis. Financial Economics Letters; 2023, 2(2):11. https://doi.org/10.58567/fel02020001
Chicago/Turabian Style
Houran, Mohamad A.; Dagestani, Abd A. 2023. "Renewable Rush in Syria Faces Economic Crisis" Financial Economics Letters 2, no.2:11. https://doi.org/10.58567/fel02020001
APA style
Houran, M. A., & Dagestani, A. A. (2023). Renewable Rush in Syria Faces Economic Crisis. Financial Economics Letters, 2(2), 11. https://doi.org/10.58567/fel02020001

Article Metrics

Article Access Statistics

References

  1. The United States Agency for International Development (USAID): https://www.usaid.gov/sites/default/files/2022-05/06.28.2021_-_USG_Syria_Fact_Sheet_8.pdf
  2. Hatahet S, Shaar K. (2021). Syria’s electricity sector after a decade of war: a comprehensive assessment. European University Institute.
  3. E Dahrouge, J Nammour, (2020). AS Lotf & 2019-2021 ArMA Programme students (Saint-Joseph University, Beirut, Lebanon) ‘The 17 October 2019 protests in Lebanon: Perceptions of Lebanese and non- Lebanese residents of Tripoli and surroundings’. 4 Global Campus Human Rights Journal, 488-516.
  4. Zhao, Luan et al. (2022). Syria Economic Monitor: Lost Generation of Syrians (English). Washington, D.C.: World Bank Group. http://documents.worldbank.org/curated/en/099335506102250271/IDU06190a00a0d128048450a4660ae3b937ae4bd
  5. Missirian, A., & Schlenker, W. (2017). Asylum applications respond to temperature fluctuations. Science, 358(6370), 1610-1614.
  6. Lijun Pan, Yangjie Wang, Xiaofei Sun, Muhammad Sadiq, Abd Alwahed Dagestani. (2023). Natural resources: A determining factor of geopolitical risk in Russia? Revisiting conflict-based perspective, Resources Policy, Volume 85, Part A, 104033, ISSN 0301-4207, https://doi.org/10.1016/j.resourpol.2023.104033.
  7. Shaohe Zhang, Riazullah Shinwari, Shikuan Zhao, Abd Alwahed Dagestani. (2023). Energy transition, geopolitical risk, and natural resources extraction: A novel perspective of energy transition and resources extraction,Resources Policy,Volume 83,103608,ISSN 0301-4207,https://doi.org/10.1016/j.resourpol.