Solar energy cost efficiency: a simulated case study in the Egyptian context

摘要: Electric energy coming from fossil fuels represents around 85% of total electricity requirements in Egypt. However, the supply Arab world is expected to run dry 30–50 years. With increase needs, rise fuel prices, and swelling green house gas emissions, use renewable more environment-friendly sources power gaining increased attention. Egypt has great potential utilising solar generate products electricity. still abandoned due its high costs. This paper examines relative significance several accounting economic factors, such as depreciation schemes financing options, reducing These factors are considered a substitute for direct subsidies which difficult implement various reasons. The results study provide number policy implications that can be applied make closer cost-competitiveness contribute solve problem