The MED2010 Conference took place on September 20th, 2002, in Marrakech. The objective of this Conference was to present the results of the MED2010 project, co-financed by the DG Research of the European Commission, and discuss the conditions for the development of the market for wind energy and photovoltaic in the Mediterranean area on a large-scale. The main conclusions of the Conference underlined the following issues:
- Several objectives have already been achieved, which was not obvious for an external observer. Corollary: many agencies (governmental, multilateral or NGO) are very active, sometimes giving the impression of a certain disorder.
- Confirmation of the important role of the implementation of appropriate and attractive regulatory and institutional frameworks to support the development of these markets in the region, in particular through a public-private partnership.
- The very different logic between photovoltaic (decentralised) and wind power (directly comparable with other IPP - independent power producers -, with the aim of supplying to the grid), calls for different solutions, specific to each type of energy source.
- The mandatory need for grants, mentioned by many speakers (partly due to a lack of knowledge about more adapted mechanisms) is not a panacea, nor a fate. It is rather advisable to think in terms of incentives (see above, efforts in cash) or of the possibility of giving guarantees to financing set up for the two types of renewable sources (extra-budgetary guarantee). Subsidies tend to backfire against the recipients themselves, and even more against those who finance them. They know that and are wary of it.
- The issuing of licenses is the only exportable product (commodity) of a domestic project for renewables, and therefore an important financial leverage. It is thus important to know their price (characteristic of a commodity: price known and published for all), and to control their market (so as not to profit a minority, example: the polluters only) at the international level (several national initiatives are seeing the light, which does not yet bring solutions for developing countries). It is a development axis, and a matter of the power of financial market, therefore of countries, which is the key for the development of renewables in the future.