MENA countries have to bring in the private sector: a perspective from Europe

Journal article

Middle East and North Africa (MENA) countries are expected to grow at twice the rate of the North Mediterranean Countries (NMCs) in the period to 2030, at which point they will make up approximately one-third of the total GDP of the Mediterranean region. According to a Observatoire Méditerranéen de l’Energie (OME) projection, over US$790 billion (700 billion euros) will be needed by 2030 to ensure the additional electricity generation capacity required. Although state-level energy policies are still dominant, it is indisputable that MENA countries will not be able to deliver investment of this variety and size solely via public budgets. Therefore new business models need to be introduced to achieve active private sector participation.

Authors: Somma, E; Rubino, A

• Publication status: Published
• Peer review status: Peer reviewed
• Publisher: Oxford Institute for Energy Studies
• Journal: Oxford Energy Forum
• Issue: 102
• Pages: 20-23
• Publication date: 2015-11-01
• ISSN: 0959-7727
• Keywords: Oxford Energy Forum; OIES