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Jouma Discusses Electricity Crisis

Jouma Discusses Electricity Crisis

The article discusses the electricity crisis in Lebanon and the government's efforts to address it. Samir Geagea, the leader of the Lebanese Forces Party, emphasized that the crisis can no longer be postponed or delayed, and requires decisive decisions to implement solutions rather than repeated diagnoses. He pointed out that Lebanon suffers from a lack of productive capacity, with current electricity only meeting about a third of the country's needs due to years of neglect and underinvestment in the sector. He explained that the reform project initiated by Energy Minister Jo Chidi involves rebuilding the electricity sector through the implementation of legal frameworks, activating the regulatory authority, and encouraging private investment, while stressing the importance of financial sustainability for Electricité du Liban, as it is essential to ensure successful investments. He also noted that rising fuel prices have led to a reduction in power supply from 7 to 9 hours daily, with a proposal for a dynamic tariff linked to fuel costs to reduce expenses for households and institutions, improve supply efficiency, and lessen dependence on generators. He concludes that without serious decisions and effective action, the crisis will continue and worsen, with increasing financial burdens on citizens and the Lebanese economy.

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