The Lebanese Electricity Sector
A Novel Polycentric Design
H. Hammoud (TU Delft - Technology, Policy and Management)
Daniel Scholten – Mentor (TU Delft - Economics of Technology and Innovation)
R.W. Künneke – Graduation committee member (TU Delft - Economics of Technology and Innovation)
Laurens De Vries – Graduation committee member (TU Delft - Energy and Industry)
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Abstract
This paper presents a new theoretical approach to design a polycentric electricity sector. The study focuses on Lebanon and its electricity sector, and tries to reform the sector using a proposed polycentric structure. The study utilises the polycentric indicators and general structure, along with organisational modes, and electricity market design variables to come up with a standardised stepwise model, i.e. “Polycentric Market Design Framework”, to design a polycentric hybrid electricity sector. This is followed by applying it to the Lebanese case.