A Brighter Future for Maldives Powered by Renewables: Road Map for the Energy Sector 2020-2030 Contributor(s): Asian Development Bank (Author) |
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ISBN: 9292625136 ISBN-13: 9789292625139 Publisher: Asian Development Bank OUR PRICE: $25.65 Product Type: Paperback Published: November 2020 |
Additional Information |
BISAC Categories: - Business & Economics | Development - Economic Development - Technology & Engineering | Power Resources - Alternative & Renewable - Political Science | Public Policy - Energy Policy |
LCCN: 2021346068 |
Physical Information: 0.32" H x 8.5" W x 11" (0.84 lbs) 116 pages |
Descriptions, Reviews, Etc. |
Publisher Description: This publication serves as a guide for Maldives' energy transitionfrom being powered by costly and polluting fossil fuels to being sustained by clean and efficient renewable energy sources. Maldives has no proven fossil fuel reserves, but it has abundant renewable energy sources such as solar, wind, and ocean (tidal, wave, and ocean thermal)with the potential to produce green hydrogen fuel. The coronavirus disease (COVID-19) pandemic has impaired the economy and severely affected the tourism industry, which is one the main economic drivers of Maldives. The country's recovery largely depends on the rapid transformation and diversification of its economic activities. Renewable energy offers a promising alternative as Maldives embarks on a transformation challenge. |