Desert power 2050: Regional and sectoral impacts of renewable electricity production in Europe, the Middle East and North Africa

Alvaro Calzadilla (), Manfred Wiebelt (), Julian Blohmke and Gernot Klepper

No 1891, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: 'Desert Power 2050' is probably the world's most ambitious strategy report towards the decarbonization of the power sector in Europe, the Middle East and North Africa (EUMENA). The report inspired by the Desertec vision aims at providing clean energy from MENA's desert regions to the entire MENA region as well as exporting electricity to Europe. The report shows that an integrated EUMENA power system based on more than 90 percent renewables is technically feasible and economically viable. We use a combination of a global general equilibrium model (DART) and a multiplier analysis to evaluate the economic effects behind 'Desert Power 2050' from a broader perspective, including not only the energy activities but also the repercussions in other sectors of the economies. The results show that the extent of the costs and benefits for both regions depend on the type of strategy adopted to finance the build-up of the power plants and the expected development of the levelised cost of electricity for the different technologies. Furthermore, the viability of a transition towards renewable energy as proposed by 'Desert Power 2050' depends to a great extent on the international climate policy.

Keywords: Computable General Equilibrium; Multiplier Analysis; Renewable Energy; Climate Policy; Europe-North Africa-the Middle East (search for similar items in EconPapers)
JEL-codes: C67 C68 O52 O55 Q42 Q58 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/90903/1/777212013.pdf (application/pdf)

Related works:
Working Paper: Desert Power 2050: Regional and sectoral impacts of renewable electricity production in Europe, the Middle East and North Africa (2014)
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:zbw:ifwkwp:1891

Access Statistics for this paper

More papers in Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().