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Value generation of future CSP projects in North Africa

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  • Kost, Christoph
  • Engelken, Maximilian
  • Schlegl, Thomas

Abstract

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.

Suggested Citation

  • Kost, Christoph & Engelken, Maximilian & Schlegl, Thomas, 2012. "Value generation of future CSP projects in North Africa," Energy Policy, Elsevier, vol. 46(C), pages 88-99.
    • Handle: RePEc:eee:enepol:v:46:y:2012:i:c:p:88-99
    DOI: 10.1016/j.enpol.2012.03.034
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    Cited by:

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    3. Coronas, Sergio & Martín, Helena & de la Hoz, Jordi & García de Vicuña, Luis & Castilla, Miguel, 2021. "MONTE-CARLO probabilistic valuation of concentrated solar power systems in Spain under the 2014 retroactive regulatory framework," Renewable and Sustainable Energy Reviews, Elsevier, vol. 138(C).
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    5. Ramon Mahia & Rafael de Arce, 2020. "On the Economic Effects of a Res Local Industry Deployment in Morocco: A Case of Study Defining Scenarios from a Survey to Stakeholders," Sustainability, MDPI, vol. 12(17), pages 1-16, August.
    6. Sooriyaarachchi, Thilanka M. & Tsai, I-Tsung & El Khatib, Sameh & Farid, Amro M. & Mezher, Toufic, 2015. "Job creation potentials and skill requirements in, PV, CSP, wind, water-to-energy and energy efficiency value chains," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 653-668.
    7. Mahia, Ramon & de Arce, Rafael & Medina, Eva, 2014. "Assessing the future of a CSP industry in Morocco," Energy Policy, Elsevier, vol. 69(C), pages 586-597.
    8. Purohit, Ishan & Purohit, Pallav & Shekhar, Shashaank, 2013. "Evaluating the potential of concentrating solar power generation in Northwestern India," Energy Policy, Elsevier, vol. 62(C), pages 157-175.
    9. Damien Bazin & Nouri Chtourou & Amna Omri, 2019. "Risk management and policy implications for concentrating solar power technology investments in Tunisia," Post-Print hal-02061788, HAL.
    10. Kost, Christoph & Flath, Christoph M. & Möst, Dominik, 2013. "Concentrating solar power plant investment and operation decisions under different price and support mechanisms," Energy Policy, Elsevier, vol. 61(C), pages 238-248.
    11. Hoz, Jordi de la & Martín, Helena & Montalà, Montserrat & Matas, José & Guzman, Ramon, 2018. "Assessing the 2014 retroactive regulatory framework applied to the concentrating solar power systems in Spain," Applied Energy, Elsevier, vol. 212(C), pages 1377-1399.

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