1. Mediterranean Energy Perspectives MENA-OECD Task Force on Energy and Infrastructure 8th Meeting Paris 09. 03. 2012 Pedro Moraleda OME General Director MENA-OECD Task Force on Energy and Infrastructure 8th Meeting Paris 09. 03. 2012 Pedro Moraleda OME General Director

2. OME Membership As of December 2011 2

3. MEDITERRANEAN ENERGY PERSPECTIVES 2011 Book released in December 2011 Covers 24 countries, 19 of which are modeled separately Uses OME Mediterranean Energy Model compatible with IEA flows Presents supply/demand outlook to 2030 by sector and by fuel Two demand scenarios depicted: Conservative and Proactive A comprehensive and quantitative study done by OME staff in cooperation with member companies and local experts 3

4. Electricity production/demand in the South will nearly triple by 2030. 20% could be saved under a different scenario. MEDITERRANEAN ELECTRICITY BOOM AHEAD 4

5. CHANGING PATTERNS IN POWER GENERATION 2009 559 TWh 2030 Electricity Efficiency 1535 TWh1229 TWh GENERATION MIX FORECAST SOUTH & EAST MEDITERRANEAN -100 -50 0 100 150 200 250 300 350 400 OilCoalGasRenewableNuclear TWh 2009 559 TWh 2030 1229 TWh

6. 200 GW will be required to meet electricity demand. 32 GW less in a Proactive Scenario. ADDITIONAL GENERATION CAPACITY NEEDED 6 SOUTH & EAST MEDITERRANEAN 16% 14% 5% 17% 6% 5% 49% 50% 40% 3% 6% 18% 14% 15% 2% 13% 28% 50 100 150 200 250 300 350 120 GW321 GW289 GW GW Non-hydro Renewables Hydro Nuclear Gas Oil Coal 2009 2030 PS 2030 CS

7. Over 700 billion Euros will be needed to 2030. Spared gas could compensate the additional cost of clean generation technologies. POWER GENERATION INVESTMENTS 2010-2030 7

8. MEDITERRANEAN WIND OUTLOOK 8 Wind generation to increase six fold and South to supply one third of the total by 2030. 68% 17% 15%

9. OUTLOOK FOR SOLAR PV 9 Solar PV is expected to grow at a yearly rate of 15.5% in the Mediterranean region (faster in the South). 71% 14% 15%

10. OUTLOOK FOR SOLAR CSP 10 South Med countries are expected to produce half of total CSP-based electricity in the region. 51% 33% 16%

11. Contact: Pedro Moraleda pedro.moraleda@ome.org Contact: Pedro Moraleda pedro.moraleda@ome.org