Following my last blog I taught I should write something a bit more positive. This is a plan by a foundation called Desertec which is acting on behalf of a consortium of European companies including. Munich Re,Deutsche Bank, Siemens, ABB, E.ON, RWE, Abengoa Solar, Cevital, HSH Nordbank, MAN, ENEL and EDF.
The plan is to put a huge amount of solar power plants in the Sahara Desert and bring the power into Europe the project would eventually supply Europe with approximately 50% of if energy needs.
I know this project sounds a bit pie in the sky but even with is massive price tag there is a lot of interest and the members of the consortium at present are by no means small time.