Publication date: 2015, March
Author: Ministry of Electricity & Renewable Energy
Description: Key competitive advantages of the sector:
- Significant development potential with a robust, multi-decade track-record;
- 54GW of new installed capacity (conventional and renewables) needed trough 2022;
- Highest wind energy potential in the MENA region (30GW) and high intensity of direct solar radiation ranging between 2000–3200 kWh/m2/year;
- Ongoing reforms in the regulatory framework and subsidies creating large opportunities for the private sector;
- Beneficial opportunities for regional trade not yet fully developed.
