Time to take CSP forward in the MENA region

Over the years, some staggering figures have highlighted how solar thermal power in the MENA region could play a key role in developing alternatives to coal and natural gas combustion.

For instance, a couple of years ago, a study by the German Aerospace Center estimated that harnessing the sun's energy falling on just 6,000 square kilometers of desert in North Africa would supply energy equivalent to the entire oil production of the Middle East of nine billion barrels a year.


The study indicated that solar thermal power plants could supply 68 percent of North Africa's as well as Europe's electricity by 2050.

The sentiments have only got stronger with the passage of time.

Energy demand, perfect conditions and significant capital investment opportunities all continue to make this region a highly attractive place for solar technologies.

"The technical potential especially in North Africa is immense and it could lead to a bright future for these regions," said Dr. Günter Schneider, managing director, Enolcon GmbH.

One of the key components of a CSP project is related to effectively calculating the risks and possible mitigations associated with such initiatives. And this is one aspect, for which the MENA region could take a clue and learn from relatively mature markets.

According to Dr. Schneider, the crucial factor in CSP is the 'bankability' or 'financeability' of such projects.

Also, there is a lot more to consider other than a professional feasibility study and a convincing basic engineering with Power Purchase Agreements (PPA). It is important to have partners on the board, taking responsibility for their performance and supplies like solar field, power block etc.

Also, the financial model must be consistent with the data and costs, added Dr. Schneider.

Dr. Schneider is scheduled to speak about CSP project development phases at the forthcoming CSP, CPV and Thin Film Summit MENA, scheduled to take place in Abu Dhabi in June (2-3) this year.

For more information, click here:
http://www.newsolartoday.com/mena09/

or Contact: Sara Lloyd-Jones by email sara@csptoday.com

Featured Product

US Battery - Solar RE L16XC Renewable Energy Battery

US Battery - Solar RE L16XC Renewable Energy Battery

Our batteries have Xtreme thick plates with (XC Diamond Plate Technology) added to them. They have been designed for hours of heavy discharge each day, followed by a fast recharge during the daylight hours. Very few batteries can take the grueling deep discharge-recharge cycle every day for long periods of time. U.S. Battery has proven time and time again that our solar battery line can stand up to this type of battery torture day in and day out for years to come. When you demand reliable energy storage count on U.S. Battery every time!