Ui Union for the Mdi Mediterranean SOLAR PLAN FOR THE

Transcription

1 Ui Union for the Mdi Mediterranean SOLAR PLAN FOR THE MEDITERRANEAN Le PSM et le Maroc

2 The Mediterranean solar plan facts and dfigures.. One of the six projects launched in July 2008 by the 43 UfM head of states t => big political l momentum Main objectives : New balanced North-South relationship based on concrete projects implementation Greenhouse gases reduction Creation of a new industry and a new market in the south Development of new sustainable production plants in the South to meet local demand of electricity Contribution to the implementation of the new European Energy-Climate package, using the possibility to export to Europe Green electricity it 2

3 The Mediterranean solar plan facts and dfigures.. New production plants : 20 GW by 2020 using a mix of technologies : PV, CSP, Wind power Energy efficiency projects : 20% savings by 2020 compared as BU BaU Technology transfers If Infrastructure : closing the Med-Ring The plan will require : A specific organization ; Technological and industrial developments Changes in domestic energy policies Actions to limit energy consumption and to increase energy efficiency Coordinated support of all stakeholders 3

4 PSM Franco-German expert workshop in Berlin : technology/cost Expert meeting (PFUE) in Paris : Network infrastructure Franco-Egyptian Copresidency of UPM : Conference in Paris (Fr- Egy-Ger-Spa) / Financing and implementation of MSP OME / MSP Meeting : Projects International cooperation The IAP drafts (with all stakeholders : countries, companies and international ti organizations) 06/08 12/08 Déroulement du processus de l'union pour la Méditerranée en 2009 Le 6 janvier

5 The Mediterranean solar plan Immediate action plan Immediate Action plan Definition of the Master Plan The UfM French-Egyptian co-presidency wants to develop concrete projects Main objectives : Learning by doing Organizing an efficient MSP governance Involving private and public stakeholders Implementation of 20 to 30 projects will allow UfM member states to : Define and test their policy framework (licensing, tariffs, agreements, ) Define and test new financing tools Dfi Define and dtest tnew schemes to export green electricity tiit to Europe 5

6 The Mediterranean solar plan -French-Egyptian co-presidency ( )- 2011) IAP Electricity Production IAP Transport Infrastructure IAP Energy Efficiency IAP Technology Transfert More than 130 projects in all countries 5 projects to allow exportation to Europe of some part of the production 20 projects to save 20% by 2020 Networking of renewable energy clusters and creation of new production capacities in the South 6

7 IAP ( ) - Electricity production -

8 IAP ( ) Electricity infrastrcutures - Interconnexions : Med-Ring - Existing Project Existing but not Working

9 IAP ( ) Technology transfert

10 The economic model Technology choice depending on industrial capacity and market maturity Production shared between local supply and export to the EU to guarantee profitability: complementarity with renewable energy directive Focus on private investment (companies, banks, funds) Concessional finance and EU funding for specific risk mitigation and accompanying activities Adapting legal and organisational frameworks in all countries creating bankable projects in each country 10

11 The Mediterranean solar plan Focus on the profitability equation Renewable technology costs are still quite far from the grid parity => it requires innovative tools to bridge the financial gap MSP can facilitate access to : Carbon funds Concessional loans European market RE prices MSP can also accelerate the development of new public policies to address non economic barriers (policy framework and capacity building) 11

12 PSM Economic Model IAP Porfolio ROE = 8-15% => 25c /kwh Private investors Sovereign and private funds European and national funds Multilateral funds insurance Risk Carbon funds Debt Donation (M ou c ) Local buyers European buyers 18c /kwh 30c /kwh 12

13 Thank you for your attention Déroulement du processus de l'union pour la Méditerranée en 2009 Le 6 janvier