In Oman, the consumption of electricity is rapidly increasing. In the past few years, the power demand has almost doubled due to increased economic and industrial activities. According to our new research report on Oman power market, the electricity demand and supply mechanism is still balanced in the country, and the possibilities of electricity shortfall are almost negligible. It is estimated that the electricity consumption in Oman will record a CAGR of around 12.5% during 2011-2014.
The report, “Oman Power Market Outlook to 2014”, sees that the country will exhibit high growth on back of fast developing economy, and increasing residential sector demand. On thoroughly analyzing the market, we found that in the southern part of the country, the demand for electricity in the Salalah area is increasing rapidly due to growing population and rise in industrial projects aimed at diversifying Oman's oil-based economy.
Our comprehensive study looks into the regulatory environment and industry trends, includes supply-demand analysis, and discusses non-conventional energy developments in Oman’s power sector. The in-depth research work also elaborates competitive landscape by including the profiles of key players operating in the market. Overall, the report aims at presenting an objective outlook of Oman’s power market to clients.