Dubai Future Foundation launches “The Future of Energy: Space Solar” report

Space-based solar power (SBSP) is the concept of capturing solar energy in space and transmitting it wirelessly back to Earth using high-efficiency microwave beams.

Key Insights

• 2 GW can be generated by a single solar power satellite, equivalent to a nuclear power plant.
• Global electricity demand is expected to triple by 2050, with 90% of it to be supplied by renewable sources.
• The global SBSP market could reach USD 2 trillion by the second half of this century.

Why SBSP Matters

• Provides baseload, renewable energy available around the clock.
• Limitless clean energy enhancing energy independence and resilience.
• Builds on existing technologies, including reusable launch systems and wireless power transmission.