Evaluation of the energy policy for Lebanon

The Lebanese Electric Power System (LEPS) suffers from technical and financial deficiencies that required the development of a policy paper to rescue it from its drastic situation to a new sustainable, reliable, and efficient delivery of electricity. An energy policy that includes ten strategic initiatives and 42 action steps that are integrated and correlated to cover the sector´s infrastructure, supply/demand, and the legal aspects was proposed and approved by the Government of Lebanon. This paper describes the current technical and financial situation of the LEPS and the need for an energy policy. The stochastic Load Modification Technique (LMT) is then used to assess the impact of implementing the projects proposed in the energy policy on energy production, overall cost, technical and commercial losses, reliability and customer service. The proposed technique is used to establish a technical and financial baseline of the LEPS against which the full implementation of the energy policy is compared and the resulting tariff is calculated.