Research Article

The Economic, Social, and Environmental Impacts of Generalization of Solar Water Heaters

Authors

  • Faycel Tazigh Hantos Elemér Business and Regional Sciences Doctoral School, University of Miskolc Hungary

Abstract

This paper aims to quantify the three main aspects of sustainable development, the economic, social, and environmental impacts of the generalization of solar water heaters in Marrakech. In order to conduct this Impact assessment study, we used both quantitative and qualitative analysis. The impact assessment analysis has been done on three different levels: households, Tourism, and private and public institutions. The generalization of SWH at the scale of the city of Marrakech will be in this perspective the origin of a profit today neglected. The resulting impact, both economically and socially, would be great. It is also beneficial and concerns the natural and sanitary environment. Nationally, the direct financial impact of the generalization of SWH at the direct city level is around $ 15 million. The generalization of solar water heaters in Morocco will reduce the national energy bill by 1.3%.

Article information

Journal

Journal of Economics, Finance and Accounting Studies

Volume (Issue)

3 (2)

Pages

225-232

Published

2021-12-21

How to Cite

Tazigh, F. (2021). The Economic, Social, and Environmental Impacts of Generalization of Solar Water Heaters. Journal of Economics, Finance and Accounting Studies , 3(2), 225-232. https://doi.org/10.32996/jefas.2021.3.2.22

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Keywords:

Renewable Energy, Economy, Impact Assessment, Solar water heaters, Morocco