[4][5] The Medgrid project was envisioned by a consortium of twenty plus utilities, grid operators, equipment makers, financing institutions and investors, mostly European.
[8][9][10][11] The medgrid together with Desertec would serve as the backbone of the 'European Supergrid' and the benefits of investing in HVDC technology are being assessed to reach the final goal – the 'SuperSmart Grid (SSG)'.
Lastly, sand deserts can provide silicon, a raw material that is essential in the production of solar panels.
[14] A consortium of twenty-plus, mostly European, utilities, grid operators, equipment makers, financing institutions and investors envisioned the company named Medgrid in December 2010.
[15] The medgrid together with Desertec would serve as the backbone of the 'European Supergrid' and the benefits of investing in HVDC technology are being assessed to reach the final goal – the 'SuperSmart Grid (SSG)'.