Energetics of Arab Countries in the Light of the Green Economy Challenges

Abstract

Renewable/alternative energy sources (RES), which are often referred to as “green energy” and are intended to create a new generation base, are now the object of close attention in almost all countries of the world. The growing effect of the use of these sources is noted in Europe, the USA, China, India and in a few other countries, but with varying degrees of success. The Arab region does not remain aloof from this direction, although, for obvious reasons, it is more committed to hydrocarbons and conventional energy than others. But persistent conservatism in relation to fossil fuels is inherent not only in Arab society. Even countries that do not have vast oil and gas fields find it difficult to part with traditional energy sources. And yet, the Arab world receives a very serious competitor in the form of green energy, which in the future will have to win back its niche in electricity generation in the Arab part of the international economic space in a rather tough confrontation. Against this background, the alleged rivalry in the Arab region still looks more nominative than real and does not cause much concern in the Arab East, which is now experiencing much more complex political and socio-economic problems.