Policy Briefs
Drivers of Renewable Energy Adoption by SMEs in Egypt
No.
PB 132
Publisher
ERF
Date
September, 2024
Topic
Q4. Energy
Q5. Environmental Economics
In a nutshell:
- Policymakers in Egypt should prioritize removing the impediments facing women entrepreneurs since they are more likely to consider deploying renewable energy (RE).
- Since youth are found to be important drivers of RE adoption, providing this group with the necessary skills through education would enhance this role even more.
- Raising awareness of the benefits of RE is a straightforward means by which firms in Egypt can be encouraged to adopt RE. In a similar vein, enhancing access to information about backup generation technology could reduce the risk of RE intermittency, thus promoting its adoption.
Research Fellows
Abeer Elshennawy
Professor of Economics, American University in Cairo
Authors
Mohammed Bouaddi
Associate Professor of Economics, American University in...