DocumentCode
42665
Title
A solar mirage in the Middle East? [News]
Author
Levitan, D.
Volume
50
Issue
5
fYear
2013
fDate
May-13
Firstpage
10
Lastpage
11
Abstract
The oil-rich monarchs\´ ambitions for solar power will be tough to achieve. Solar power in the Middle East seems simultaneously logical (sun-scorched deserts everywhere) and illogical (all that oil!). That contradiction lay just under the surface in March as United Arab Emirates president Sheikh Khalifa bin Zayed Al Nahyan flipped the ceremonial switch to ramp up the new Shams 1 solar thermal power plant toward its 100-megawatt capacity. The U.A.E. is at the head of the renewable energy pack in the region, but several of the "Gulf monarchies," all major contributors to the world\´s oil supplies, are starting to set goals to cut back on consuming the hydrocarbons they produce in favor of sustainable, climate-friendly energy sources. Are they really going to leave some of that black gold in the ground forever? Or are projects like the US $600 million Shams 1 just shiny distractions in a plan to push oil profits farther into the future?
Keywords
Energy management; Investments; Middle East; Power markets; Renewable energy sources; Solar power generation; Supply and demand;
fLanguage
English
Journal_Title
Spectrum, IEEE
Publisher
ieee
ISSN
0018-9235
Type
jour
DOI
10.1109/MSPEC.2013.6511088
Filename
6511088
Link To Document