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Assessing the future of a CSP industry in Morocco

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  • Mahia, Ramon
  • de Arce, Rafael
  • Medina, Eva

Abstract

This article presents the results of a survey on the feasibility of, and difficulties in, establishing a locally CSP manufacturing industry in Morocco. First, the survey explores which specific components of the CSP production chain could be manufactured in Morocco today and which would require moderate or significant changes being made in that country over the next decade. This paper contributes to demonstrating the potential for a CSP manufacturing industry in Morocco at the present time, ideal business models and current restrictions. Second, on the one hand this survey provides insight into the entrepreneurial, policy- and market-related barriers hampering the development of this industry and, on the other, the relative advantages offered by Morocco for the development of a CSP sector. Complementing the empirical findings on foreign direct investment determinants, this exercise stresses the key relevance of the economic context not only in terms of size, stability and predictability of the market, but also in regard to the critical importance of institutional and policy-related issues such as stability and public policy commitment. The results show that prior experience of firms in developing areas is a crucial issue in the accurate assessment of the risks and benefits associated with FDI decisions.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:enepol:v:69:y:2014:i:c:p:586-597
    DOI: 10.1016/j.enpol.2014.02.024
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    2. 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.
    3. Sultan, Ali J. & Hughes, Kevin J. & Ingham, Derek B. & Ma, Lin & Pourkashanian, Mohamed, 2020. "Techno-economic competitiveness of 50 MW concentrating solar power plants for electricity generation under Kuwait climatic conditions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).
    4. 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.
    5. Martín, Helena & de la Hoz, Jordi & Velasco, Guillermo & Castilla, Miguel & García de Vicuña, José Luís, 2015. "Promotion of concentrating solar thermal power (CSP) in Spain: Performance analysis of the period 1998–2013," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 1052-1068.
    6. 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.
    7. Bouhal, T. & Agrouaz, Y. & Kousksou, T. & Allouhi, A. & El Rhafiki, T. & Jamil, A. & Bakkas, M., 2018. "Technical feasibility of a sustainable Concentrated Solar Power in Morocco through an energy analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1087-1095.
    8. 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).
    9. Agnė Šimelytė & Galina Ševčenko & Galina Ševčenko & Najiba El Amrani El Idrissi & Salvatore Monni, 2016. "Promotion of renewable energy in Morocco," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 3(4), pages 319-327, June.

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