Are solar PV systems a good investment in Libya?

In Libya, the solar photovoltaic (PV) systems are encouraging for the future, due to incident solar radiation is greater than the minimum required rate across the country (Hewedy et al., 2017). Based on that from a techno-economics point-view, there is a need to develop substantial energy resource solutions.

How much does a PV system cost in Libya?

Opening the door through encouraging for vendors to imports such equipment or for developing industrial sectors locally. The PV system for electricity in the Libyan market is estimated to cost about “5–13,000” Libyan/denars (this price from private business companies); depending on the size/capacity that invested by the private sector.

How much solar power does Libya have?

In-depth south regions of Libya, the daily average solar PV power protentional is greater than 6.5 kWh/kWp, although the annual average is greater than “2045 kWh/kWp”. Fig. 5. Solar photovoltaic power potential in Libya (GSA, 2020).

Can solar power plants be integrated into the Libyan power grid?

Solar photovoltaic (PV) plants will play a significant role in the energy transition and the mix of energy sources in Libya. This article is a study conducted to investigate the challenges of power-flow management and power protection from integrating PV power plants into the Libyan power grid.

Are grid-connected photovoltaics a good investment in the Libyan power system?

For those interested in the large dynamic of photovoltaics economics, a thorough analysis of grid-connected photovoltaics in the Libyan power system would be very beneficial as most firms will raise their profits and lower their costs (Almaktar et al., 2020), and described by (Almaktar and Shaaban, 2021).

Could Libya be a solar energy exporter?

The desert technology (DESRT-TEC) is one of the largest projects; there was proposed that Libya would be one of the exporters of solar power generated from solar energy to Europe (Griffiths, 2013). The aims of that project to provide Europe Union countries with energy generated from the sun in North Africa and the Middle East countries.