The Impact of Renewable Energy on The OPEC Oil Market

Abstract

This study mainly aims to shed light on the real sources of this world in which we live, renewable energy sources are the real engine of the global economy at present, as well as to shed light on the fate of these renewable sources in the European Union countries or the Arab countries, as well as the study aims to Learn about global expectations of global demand for energy resources. Conventional and renewable energy, as well as identifying the most important repercussions of renewable energy sources on traditional energy sources (oil, coal, and gas) on the member states of the Organization of Arab States, where the Arab countries join hands, as well as developing all necessary economic plans that are keen to preserve these renewable sources, as well as taking countries All necessary measures to preserve this renewable energy and work to store it in all possible frameworks. One of the most important factors that help to maintain it. The resources are to work on building a regional program that contributes to building the necessary plans in the field of energy production from waste in particular, as well as measuring the impact of that energy in creating job opportunities and raising the economic level of society, as well as working and striving hard to transform into smart energy systems, especially in the Arab countries.