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Rethinking African Solar Power for Europe

Review of Environment, Energy and Economics (Re3), October 2014

8 Pages Posted: 17 Oct 2014

See all articles by Emanuele Massetti

Emanuele Massetti

Georgia Institute of Technology; CESifo (Center for Economic Studies and Ifo Institute); CMCC - Euro Mediterranean Centre for Climate Change; International Monetary Fund (IMF)

Elena Claire Ricci

University of Milan - Department of Economics, Management and Quantitative Methods (DEMM)

Date Written: October 16, 2014

Abstract

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

Suggested Citation

Massetti, Emanuele and Ricci, Elena Claire, Rethinking African Solar Power for Europe (October 16, 2014). Review of Environment, Energy and Economics (Re3), October 2014, Available at SSRN: https://ssrn.com/abstract=2511169

Emanuele Massetti

Georgia Institute of Technology ( email )

685 Cherry St.
Atlanta, GA 30332-0345
United States

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

CMCC - Euro Mediterranean Centre for Climate Change

via Augusto Imperatore, 16
Lecce, I-73100
Italy

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Elena Claire Ricci (Contact Author)

University of Milan - Department of Economics, Management and Quantitative Methods (DEMM) ( email )

Via Conservatorio, 7
Milan, 20122
Italy

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