The Lebanese government has recently unveiled plans to make big investments into the country's power generating system. The country is currently, and has been for years, experiencing energy supply shortages, resulting in constant energy rationing throughout the country. If the government's plans are executed, Lebanon could end its energy crisis in just four years.
Lebanese Energy Minister, Gebran Bassil, unveiled a USD 5 billion plan to revatilize the country's energy sector to the local newspaper Daily Star. This could result in the country having about 4 GW of power generation capacity by 2014, and 5 GW after 2015. The investments would cover power generation capacities, but also the transmission and distribution networks to ensure stable and reliable power supply.
The plant includes wind and biomass energy as far as renewables are concerned. According to the minister, Lebanon should have about 12% of renewables in its power generating portfolio by 2014.
[via: UPI, source: Daily Star]