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Value generation of future CSP projects in North Africa

  • Kost, Christoph
  • Engelken, Maximilian
  • Schlegl, Thomas
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    This paper discusses the value generation potential for local and international industry in different development scenarios of the concentrating solar power (CSP) market in North Africa until 2030. It analyzes the economic impact resulting from the participation of North African and European companies during construction and operation of CSP plants. The assessment is based on a self-developed solar technologies market development model (STMD) that includes economic and technical requirements and constraints for the creation of a local CSP market. In-depth interviews with industry stakeholders provide specific input, validate the calculations and complement the quantitative model results and conclusions. Long-term potential for locally generated revenues from CSP plant construction are modeled and lead to a share of local revenues of up to 60%. Potential market size of solar power plants in North Africa could reach total revenues of 120 Billion euros and thus demand for components and services contribute to national gross domestic products significantly. Recommendations are given for regional industry cooperation and policy actions for the support of local and international CSP industry in North Africa in order to improve the investment environment and growth of renewable energies in the region.

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    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 46 (2012)
    Issue (Month): C ()
    Pages: 88-99

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    Handle: RePEc:eee:enepol:v:46:y:2012:i:c:p:88-99
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