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A Brighter Future for Maldives Powered by Renewables: Road Map for the Energy Sector 2020-2030

A Brighter Future for Maldives Powered by Renewables: Road Map for the Energy Sector 2020-2030

Paperback

EconomicsTechnology & EngineeringGeneral Political Science

ISBN10: 9292625136
ISBN13: 9789292625139
Publisher: Asian Development Bank
Published: Jun 30 2021
Pages: 116
Weight: 0.84
Height: 0.32 Width: 8.50 Depth: 11.00
Language: English
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.

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