Ideas to Action:

Independent research for global prosperity

Publications

 

December 12, 2008

Desert Power: The Economics of Solar Thermal Electricity for Europe, North Africa, and the Middle East - Working Paper 156

Senior fellow David Wheeler and Kevin Ummel argue for rapid, very large-scale deployment of existing solar thermal technology. Using maps of solar radiation and project finance calculations, they show that with modest subsidies solar power generated in North Africa and the Middle East could meet the needs of 35 million Europeans by 2020. At that point, solar power would be cheaper than fossil fuels and future projects would no longer require subsidies.