A SUGGESTED FRAMEWORK FOR SOLVING ENERGY PRODUCTION PROBLEM ACCORDING TO ALTERNATIVES AVAILABLE IN THE EGYPTIAN ECONOMY: A COMPARATIVE STUDY WITH CHINA

Document Type : Review Article

Authors

1 Faculty of Commerce, Ain Shams University

2 Faculty of Science, Ain Shams University

3 Central Agency for Public Mobilization and Statistics

Abstract

The aim of this research is to develop a proposed framework for solving the problem of energy production according to the available alternatives in the Egyptian economy by benefiting from the Chinese experience through an analytical study of the energy sources and problems in Egypt, in additional to energy efficiency indicators with the presentation of the Chinese experiment in order to benefit from it in increasing reliance on renewable sources instead of traditional source.
The research approach is based on the comparative descriptive approach, relying on statistical ratios and equations, through an analytical study of the energy sources in Egypt and its problems with the presentation of energy efficiency indicators based on the international statistical equations in their calculation, as well as the economic and environmental assessment of traditional and renewable energy sources, And the return on energy resources applied to the Egyptian and Chinese economies during the period from 2000 to 2016. The general results showed that solving the problem of energy production in Egypt to reduce its environmental impact is based on the need to rely on clean energy (wind and solar energy).
The study recommended that tax measures should be adopted to promote alternative energy, especially renewable energy, and benefit from China's experience in encouraging investors in wind and solar farms by providing incentives and financial support and taking several measures to reduce greenhouse gases emitted by taxation, subsidies and financial inducements for industrial enterprises to encourage On the use of alternative energy, as recommended by the study the need to exempt components and spare parts of renewable energy systems of the customs duties prescribed.
 

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