Genesis Morocco

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Genesis Morocco

Project Genesis is a strategic sustainable development framework for Morocco to translate from being a net importer of energy and a country facing water shortage issues, into the number one producer both of clean renewable energy and water in the region.

Sunday, June 11, 2006    <<Home

Insight Oil prices

Considering the 70 dollars per barrel oil has reached in year 2006, the production prices should have converged by now with Stirling solar looking more and more as a viable investment that can generate a substential return over the years; whereas oil for a country such as Morocco is as it ever was a serious budget post paid for in hard currency.

It is my firm belief that this is a stable future trend, where we will see oil's price appreciate while solar energy price, precisely stirling solar, decreases as SES enters in a mass production phase of its solar dish units.