Title :
Value of solar PV electricity in MENA region
Author :
Breyer, Christian ; Gerlach, Alexander ; Beckel, Oliver ; Schmid, Jürgen
Author_Institution :
Q-Cells SE, Bitterfeld-Wolfen OT Thalheim, Germany
Abstract :
Electricity demand in MENA region increases fast and is highly dependent on diminishing fossil fuel resources. The grid-parity concept for end-users and the fuel-parity concept on power plant level well describes fast growing economic benefit of PV systems. By end of the 2010s most oil and natural gas fired power plants in MENA region are beyond fuel-parity, i.e. PV power plants are lower in cost than fuel-only cost of oil and gas fired power plants. Solar PV electricity will become a very competitive energy option for entire MENA region.
Keywords :
fossil fuels; load forecasting; natural gas technology; photovoltaic power systems; MENA region; PV power plants; economic benefit; electricity demand; fossil fuel resources; fuel-parity; grid-parity; natural gas fired power plants; solar PV electricity; Electricity; Fossil fuels; Industries; Natural gas; Power generation; Radiation effects;
Conference_Titel :
Energy Conference and Exhibition (EnergyCon), 2010 IEEE International
Conference_Location :
Manama
Print_ISBN :
978-1-4244-9378-4
DOI :
10.1109/ENERGYCON.2010.5771744
