Lebanon power generation is costly, dirty and wasteful, and comes nowhere near meeting demand for electricity.  Modest investment would be huge, but the country’s political class has proven even less efficient than its power sector.

Lebanon’s electricity authority Electricité du Liban (EDL) signed an agreement last month with Turkish firm Karadeniz Energy (see box) to extend its lease for two 203MW powerships for three more years. Reports in the Lebanese media...