The Mediterranean Solar Plan: Project proposals for renewable energy in the Mediterranean Partner Countries region

Sophie Jablonski, Mohamad Tarhini, Manaf Touati, David Gonzalez Garcia and Juan Alario

Energy Policy, 2012, vol. 44, issue C, 291-300

Abstract: This paper presents a first assessment of the renewable energy projects, proposed by the nine Mediterranean Partner Countries (MPCs) under the Mediterranean Solar Plan (MSP) and the associated potential economic impacts. As one of the priority projects of the Union for the Mediterranean (UfM), the MSP's objective which attracted most attention until now is the intention to deploy an additional 20GW of renewable electrical capacity in the Southern and Eastern Mediterranean region (covering the MPCs plus Turkey) by 2020. The main findings of this research are: (1) as of February 2010, a total of 10.3GW of renewable project proposals were identified in the MPCs, corresponding to about half of the 20GW target; (2) investment needs for the identified projects could amount to EUR 21 billion by 2020, which represents about five times the amount invested by the region in conventional electricity generation in the last decade; and (3) the difference between the cost of renewable electricity generation and the economic cost of its fossil fuel alternatives could amount to EUR 1.2 billion. Insights stemming from the results of this research can generate useful regional messages for energy policy leaders in the MPCs to accelerate the development of renewable energy projects.

Keywords: Mediterranean Solar Plan; Levelised electricity cost; Renewable energy (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S030142151200078X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:44:y:2012:i:c:p:291-300

DOI: 10.1016/j.enpol.2012.01.052

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().