Desertec Solar Hopes Cloud over as Support Starts To Waver  

Posted by Big Gav in , ,

REW has an article on Algeria's decision not to support the DESERTEC solar thermal power project - Desertec Solar Hopes Cloud over as Support Starts To Waver.

A significant piece of good news for the ambitious €400 billion (Dh1.87 trillion, US $509 billion) scheme came in April, when one of its members, Germany's Solar Millennium, said its 150 MW Kuraymat project in Egypt was nearing completion and could serve as a template for other north African solar farms.

Then came the bad news with Algeria’s decision last month not to participate in the Desertec Industrial Initiative, which was formally launched last year by a group of 12 European companies, mostly from Germany. Last Monday (August 30), Paul van Son, the director of the group, said he was now also concerned about declining German government support for the project.

“We were surprised that after the project received strong support at the beginning, it wasn’t even mentioned in [Germany’s] energy concept draft,” he told Dow Jones on the sidelines of a renewable energy conference in Frankfurt. Mr. van Son said the Desertec partners needed subsidies, possibly through feed-in tariffs, to guarantee electricity prices that would cover the generation and transmission costs.

To push the project forward, Desertec was wooing potential investors from the Middle East and north Africa, he said.

“We are in intensive talks with companies in the MENA region, which we are trying to win as new shareholders,” Mr van Son told Reuters, without naming any candidates.

In March, the US company First Solar joined Desertec as its first member from outside Europe.

Earlier that month, Mr. van Son had said five companies from Morocco, Tunisia, Spain, France and Italy had agreed to join the consortium. But no confirmatory announcements have followed.

The group’s other existing partners include Munich Re, Deutsche Bank, RWE, E.ON, HSH Nordbank and Siemens from Germany, the Swiss ABB, Italy’s Enel, Spain’s Red Electrica and the French group Saint-Gobain.

Mr. van Son also said on Monday that a planned Moroccan pilot project still lacked investors.

“We’re in the very early stages, the letter-writing stage,” he told Bloomberg. In July, Desertec announced its plan for the small Moroccan solar facility as a way to test the feasibility of a large-scale concentrating solar-power project with a proposed capacity of up to 1,000mw. That would be 10 times the capacity of the US$600 million (Dh2.2bn) Shams-1 solar plant that Masdar, the Abu Dhabi Government’s advanced energy company, is building in the emirate’s southern desert.

0 comments

Post a Comment

Statistics

Locations of visitors to this page

blogspot visitor
Stat Counter

Total Pageviews

Ads

Books

Followers

Blog Archive

Labels

australia (619) global warming (423) solar power (397) peak oil (355) renewable energy (302) electric vehicles (250) wind power (194) ocean energy (165) csp (159) solar thermal power (145) geothermal energy (144) energy storage (142) smart grids (140) oil (139) solar pv (138) tidal power (137) coal seam gas (131) nuclear power (129) china (120) lng (117) iraq (113) geothermal power (112) green buildings (110) natural gas (110) agriculture (91) oil price (80) biofuel (78) wave power (73) smart meters (72) coal (70) uk (69) electricity grid (67) energy efficiency (64) google (58) internet (50) surveillance (50) bicycle (49) big brother (49) shale gas (49) food prices (48) tesla (46) thin film solar (42) biomimicry (40) canada (40) scotland (38) ocean power (37) politics (37) shale oil (37) new zealand (35) air transport (34) algae (34) water (34) arctic ice (33) concentrating solar power (33) saudi arabia (33) queensland (32) california (31) credit crunch (31) bioplastic (30) offshore wind power (30) population (30) cogeneration (28) geoengineering (28) batteries (26) drought (26) resource wars (26) woodside (26) censorship (25) cleantech (25) bruce sterling (24) ctl (23) limits to growth (23) carbon tax (22) economics (22) exxon (22) lithium (22) buckminster fuller (21) distributed manufacturing (21) iraq oil law (21) coal to liquids (20) indonesia (20) origin energy (20) brightsource (19) rail transport (19) ultracapacitor (19) santos (18) ausra (17) collapse (17) electric bikes (17) michael klare (17) atlantis (16) cellulosic ethanol (16) iceland (16) lithium ion batteries (16) mapping (16) ucg (16) bees (15) concentrating solar thermal power (15) ethanol (15) geodynamics (15) psychology (15) al gore (14) brazil (14) bucky fuller (14) carbon emissions (14) fertiliser (14) matthew simmons (14) ambient energy (13) biodiesel (13) investment (13) kenya (13) public transport (13) big oil (12) biochar (12) chile (12) cities (12) desertec (12) internet of things (12) otec (12) texas (12) victoria (12) antarctica (11) cradle to cradle (11) energy policy (11) hybrid car (11) terra preta (11) tinfoil (11) toyota (11) amory lovins (10) fabber (10) gazprom (10) goldman sachs (10) gtl (10) severn estuary (10) volt (10) afghanistan (9) alaska (9) biomass (9) carbon trading (9) distributed generation (9) esolar (9) four day week (9) fuel cells (9) jeremy leggett (9) methane hydrates (9) pge (9) sweden (9) arrow energy (8) bolivia (8) eroei (8) fish (8) floating offshore wind power (8) guerilla gardening (8) linc energy (8) methane (8) nanosolar (8) natural gas pipelines (8) pentland firth (8) saul griffith (8) stirling engine (8) us elections (8) western australia (8) airborne wind turbines (7) bloom energy (7) boeing (7) chp (7) climategate (7) copenhagen (7) scenario planning (7) vinod khosla (7) apocaphilia (6) ceramic fuel cells (6) cigs (6) futurism (6) jatropha (6) nigeria (6) ocean acidification (6) relocalisation (6) somalia (6) t boone pickens (6) local currencies (5) space based solar power (5) varanus island (5) garbage (4) global energy grid (4) kevin kelly (4) low temperature geothermal power (4) oled (4) tim flannery (4) v2g (4) club of rome (3) norman borlaug (2) peak oil portfolio (1)