Ocp Policy Center Podcast

This podcast is performed by Luigi Carafa. This tele-briefing will focus on renewable energy cooperation in the Mediterranean, pointing out some lessons learned in the last five years as well as the challenges ahead at national and regional level. In this Virtual Brief, Luigi Carafa discussed policy, market, and governance pertaining to the Renewable Energy industry in the MENA region. The main points of his presentation are the following: - Energy demand has been growing steadily in the Middle East-about 70% increase; - The Energy demand CHALLENGES cannot be faced alone; * Reduction of power losses * Financial challenges * Very high upfront costs/substantial initial investment * Challenges call for regional and international cooperation; * Policy and politics dichotomy creates a governance gap that should be overcome for the renewable energy industry to flourish; * Policy refers to national planning-Investment in renewable requires suitable policy * Access to cooperat