Arab Future Energy Index™ (AFEX)
The Arab Future Energy Index (AFEX) is a policy assessment and benchmark tool that provides a detailed comparison of renewable energy and energy efficiency development in 17 countries of the Arab region on more than 30 different indicators. Despite ongoing turbulence in the region, these countries have continued to make progress toward creating better conditions for renewable energy and energy efficiency investments.
Below are the key findings of Renewable Energy and Energy Efficiency reports:
Since the first edition of AFEX in September 2013, many countries in the region have made progress towards creating better conditions for the uptake of sustainable energy investments:
- Six countries, Egypt, Jordan, Morocco, Tunisia, Sudan and Yemen, have implemented energy subsidy reforms. Of these countries, Egypt, Jordan and Tunisia implemented energy subsidy reforms in the electricity sector and all six increased prices of oil products.
- In total, there are more than 2,500 MW of renewable energy projects under construction and another 2,500 MW under tendering.
- Tunisia and Jordan moved forward with the implementation of net metering schemes and collectively installed more than 30 MW of small-scale distributed renewable energy systems.
- Morocco and UAE advanced in their IPP public competitive bidding processes and awarded contracts for the development of large-scale solar projects.
- Lebanon and Palestine made progress in successfully operationalizing energy efficiency funds. Lebanon in particular has been successful in leveraging private funds for financing energy efficiency projects through its funding mechanism “National Energy Efficiency and Renewable Energy Action”.
AFEX 2015 Energy Efficiency Key Findings :
AFEX 2015 Renewable Energy Key Findings :
Download AFEX 2015 Renewable Energy.pdf - 10.6 mb