The World Energy Council's 2019 World Energy Issues Monitor considered that Lebanon's energy sector is improving due to the diversification of its energy mix amid rising investment in renewable energy technologies. It indicated that hydropower is the predominant source of renewable energy with the highest installed capacity in Lebanon. But it said that the government is working actively to increase the share of solar and wind energy through public-private partnerships and through the adoption of technologies, such as the Concentrated Solar Power and bioenergy technologies. It noted that authorities have already launched several solar PV and wind farm projects under power purchase agreements (PPA). It added that authorities recently committed to improving electricity storage from renewable energy to ensure a stable and secure electricity supply to the national grid. In this context, it said that the Ministry of Energy & Water launched an Expressions of Interest for the construction and operation of solar PV farms and associated battery energy storage components in 2018. The WEC noted that the installed capacity of renewable energy would rise to around one gigawatt, once the solar photovoltaic (PV) and wind farms are operational. Also, the WEC anticipated that efforts by Lebanon's private and public sectors would promote investment in renewable energy technologies in the country, allowing authorities to meet the national renewable energy target of 12% of the country's energy mix by 2020 and 15% of the energy mix by 2030.

The WEC considered that the energy sector in Lebanon is facing several key challenges. First, it noted that the energy sector is highly subsidized, with subsidies applied to oil products at the final consumption stage, while authorities also subsidize tariffs of Electricité du Liban (EdL) as a way to reduce costs for consumers. It added that the highly subsidized fossil fuel prices are competing with renewable energy technologies, which limits the cost competitiveness of renewable energy. Second, it noted that electricity shortages in Lebanon have been an ongoing dilemma, with frequent electricity outages. It added that the status of the national grid is hindering the development of utility scale projects, such as solar PV plants. In this context, it indicated that EdL is working towards upgrading the infrastructure of the electricity grid in order to handle extra energy capacity and to maximize its use.