Tunisia - A Possible Electrical Savior of Southern Europe?
13 February 2012
Oilprice.com | February 13, 2012
Europe, battered by a perfect storm of recession and rising energy requirements, is looking for additional electrical power reserves anywhere it can.
Surcease may come from North Africa, and the leading potential state to supply that need might be… Tunisia.
Tunisia is endowed with a reliable source of solar power in its southern Saharan region, where the sunshine generates 20 percent stronger solar radiation than even the best locations in Europe. Given its proximity to Italy, Tunisia is in an ideal position to transfer such renewable energy directly to European markets, with much less energy loss along the way compared to its Maghreb neighbors. Last year’s Arab Spring has significantly improved investor interest in Tunisia.