Press Release
Herausgeber: Dii GmbH
Dii interconnector study on the way - The European Commission has asked Dii to bring forward the cross-Mediterranean power grid
Munich - Dii together has been granted financial support under the European Commission\'s Ten-E program to conduct a feasibility study on an integrated desert energy project between Italy and North Africa (i.e. Algeria, Tunisia, Libya). The grant covers up to 50% of the full cost of the study. Details will be negotiated with the European Commission during the next weeks.
Aim of the feasibility study is to establish a viable business case and propose solutions for obstacles to be tackled, encompassing renewable generation in North Africa, domestic and cross-border transport, interconnection with Italy, commercial schemes and applicable regulation. In order to do so, the study investigates the influence of different renewable portfolios in North Africa on the interconnector\'s economic and commercial viability. Thereby, different geographical options for the interconnector will be evaluated, covering landing points in Algeria, Tunisia and Libya. The study also includes an analysis of the adjacent transmission systems, the different regulatory frameworks as well as offtake options for renewable electricity from North Africa.
About Dii
With partner companies from 15 countries, Dii is looking to turn power from the deserts into reality. Countries in the Middle East and North Africa (MENA) have recognized the huge economic potential of renewable energy development and are taking action in this field. Most governments in the region have agreed on solid expansion targets, which amount to a total of 50 GW by 2020. Dii as a driving force has successfully given guidance and promoted renewable energy in the MENA countries since 2009.
Based on this dynamic development the shareholders of Dii decided to develop Dii from a temporary project initiative to a permanent industry organisation.
Munich, December 11, 2013
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Dii GmbH.
Attention editorial offices: For further questions please contact
Klaus Schmidtke, Director of Communication, Dii
Tel. : 0049 89 349 7705 20
Email : schmidtke@dii-eumena.com
Dii GmbH
Kaiserstr. 14
80801 Munich
Tel: 0049 89 340 77 05 - 0
Fax: 0049 89 340 77 05 - 11
Internet: http://www.dii-eumena.com
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