Rethinking African Solar Power for Europe
8 Pages Posted: 17 Oct 2014
Date Written: October 16, 2014
Concentrated solar power generation in Northern African and Middle Eastern deserts could potentially supply up to 20% of European power demand. This column evaluates the technological, economic, and political feasibility of this idea. Although concentrated solar power is a proven technology that can work at scale, it is currently four or five times more expensive than fossil fuels. Concentrated solar power could play an important role in Europe’s energy mix after 2050, but only if geo-political challenges can be overcome.
Keywords: Energy, Africa, Solar, Europe, Supergrid
JEL Classification: Q4, Q42, Q54
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