What is the electricity crisis in Syria?

Syria’s Electricity Crisis Most of Syria’s electricity is produced by fossil fuels, including 57.3% from oil and 38.4% from natural gas in 2022. A lack of unity and the dismal conditions of the country’s electrical grid and refineries have caused a major supply chain crisis and nationwide electricity shortages.

How much energy is invested in wind & solar PV in 2023?

In 2023, each dollar invested in wind and solar PV yielded 2.5 times more energy output than a dollar spent on the same technologies a decade prior. In 2015, the ratio of clean power to unabated fossil fuel power investments was roughly 2:1. In 2024, this ratio is set to reach 10:1.

How many refineries are there in Syria?

Syria currently has two active refineries located at Banias, with a production capacity of 120,000 b/d, and one at Homs, which has a production capacity of 107,100 b/d; the current state of the two refineries is uncertain given the destruction of war and the inability of Syria to reliably maintain the infrastructure over the years.

How much money did Iran invest in Syria?

Over the course of the thirteen-year Syrian civil war, Iran invested an estimated $30-$50 billion into bolstering Assad’s regime. Syria remained one of the few long-standing allies of Iran, and their military control of the Syrian-Iraqi border crossing at Deir al-Zor was critical to Iranian power projection throughout the region.

How much oil does Syria produce a day?

Before the civil war began in 2011, Syria produced an average of 383,000 barrels per day (b/d) and 316 million cubic feet per day (Mmcf/d) of natural gas. In 2015, Syria had an estimated 2.5 billion barrels of proven reserves of oil.

How did conflict affect Syria's economy?

After conflict ensued, production collapsed to an estimated 20,000 b/d, forcing Syria to become a net importer of oil and become heavily reliant on Iran. The fall in production devastated the Syrian economy since oil exports accounted for 25% of the country’s GDP.