Middle East Power Sector Analysis
04-Aug-2011 | News-Press Release
Middle East countries like UAE, Jordan, Turkey, etc. have shown tremendous performance in electricity demand and installed capacity and are further poised to register impressive growth in the coming years. Increasing population, rapid industrialization, and construction boom are among the prime factors pushing the electricity demand in the region and thus, resulting in a burgeoning electricity sector with huge future growth potentials.
According to our latest research report “Middle East Power Sector Analysis” Qatar witnessed record growth in power demand among the GCC countries in 2010. Even in the wake of economic slowdown, the electricity production and consumption exhibited year-on-year growth. Rapidly growing economy and increasing residential demand have fueled the growth of the power sector in the country. The developments in the Qatar electricity sector are expected to augment in the coming years with an anticipated CAGR growth of around 15% electricity consumption during 2011-2014.
Our report identified that besides Qatar, various other countries including the UAE, Saudi Arabia, Jordan, etc. also have strong future growth potentials. The governments in these countries have liberalized policies pertaining to the electricity sector and are currently in the process of formulating privatization strategies. This has attracted significant investments in the private sectors of the Middle East countries. The privatization of the electricity sector will not only strengthen their power generation infrastructure, but will also facilitate towards efficient management of transmission and distribution providing a desired balance between power demand-supply mechanisms.
The developments are not just limited to conventional oil and gas-based power generation infrastructure, but the countries are also striving hard towards utilizing their available renewable energy potentials. In addition, the countries have set an ambitious goal of producing some percentage of power through renewable energy sources in the coming years.
Our report “Middle East Power Sector Analysis” is an outcome of extensive research and objective analysis of the Middle East power industry, mainly focusing on potential regional markets. The report provides country level reliable statistics and analysis on electricity installed capacity, supply-demand, and consumption trends. A separate GCC grid interconnection analysis along with country level renewable developments facilitates an all-round market understanding. In addition, the future projections included in the report have been cautiously made after analyzing current market scenario, past trends, and ongoing developments in the market. Thus, our report presents the most unbiased picture of the industry.
Table of Contents :
1. Analyst View
2. Emerging Trends in Middle East
2.1 Favorable Demographics
2.2 Huge Investments in the Power Sector
2.3 Rising Focus towards Renewable Energy Developments
2.4 Growing Energy Need
2.5 Construction Boom
3. Regional Market Outlook to 2013
3.1.1 Electricity Generation
3.1.2 Supply and Demand Analysis
3.1.3 Market Developments
3.1.4 Regulatory Environment
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