An investigation into the current utilisation and prospective of renewable energy resources and technologies in Libya

Abstract

With the increase in energy demand and the international drive to reduce carbon emission from fossil fuel, there has been a drive in many oil-rich countries to diversify their energy portfolio and resources. Libya is currently interested in utilising its renewable energy resources in order to reduce the financial and energy dependency on oil reserves. This paper investigates the current utilisation and the future of renewable energy in Libya. Interviews have been conducted with managers, consultants and decision makers from different government organisations including energy policy makers, energy generation companies and major energy consumers. The results indicate that Libya is rich in renewable energy resources but in urgent need of a more comprehensive energy strategy and detailed implementation including reasonable financial and educational investment in the renewable energy sector. ► The paper investigates the current utilisation and the future of renewable energy in Libya. ► The methodology includes semi-structured interviews with key stake holders. ► The results show that renewable energy is strategically of high importance. ► Solar and wind energy are considered the main sources of renewable energy. ► There is a need to attract investors in renewable technologies.