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Renewable Energy Export-Import: a Win-Win for the EU and North Africa

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Jan 12, 2016 / 0 Comments

Over the past several years much has been written about the significant potential for solar energy generation in the Middle East and North Africa, where there is no shortage of sunshine. The International Energy Agency estimated that the potential from concentrated solar power technology alone could amount to 100 times the electricity demand of North Africa, the Middle East and Europe combined.  

 

In the wake of commitments at the Paris climate conference (COP21), it is time to develop this rich source of low-carbon energy sitting close to Europe’s southern shores, and bolster efforts to agree on a framework to import clean, sustainable energy from North Africa. 

 

Continue reading this article on World Bank’s blog.

Sameh Mobarek

Sameh is Senior Counsel and legal advisor to the World Bank’s Energy and Extractives Global Practice with 25 years of experience in energy project finance and public-private partnerships globally.  He has a law degree from Loyola University Chicago, an MBA in Finance and a Bachelor’s degree in Electrical Engineering from the George Washington University.

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