According to our latest research report, “Middle East Power Sector Analysis”
, the power sector in the Middle-East countries has been witnessing strong growth over the past few years. Rising residential electricity consumption, rapid industrialization, and the government support are the main factors responsible for growth in this region. Of all the middle-eastern countries, Qatar emerged as the nation with remarkable growth in power demand in 2010. Rapidly growing economy and increasing residential demand have surged 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 the electricity consumption anticipated to grow at a CAGR of around 15% during 2010-2014.
As per our findings, the Middle-East countries are attracting huge investments in power and water desalination projects. At present, there exists transmission, power generation, and distribution projects planned or underway. Power generation also plays a significant role in water supply. Governments across the region face severe water shortages as demand begins to outstrip supply. The countries are also focusing on renewable sources for power generation so that significant quantity of oil and gas can be used for exports. The countries are striving hard towards utilizing their available renewable energy potential.
Our report also covers the future growth potentials in the power sector in Qatar, UAE, Saudi Arabia, Jordan, etc. The governments in these countries have liberalized the policies pertaining to the electricity sector and are currently in the process of formulating privatization strategies. As a result, private sector investments are being attracted in most of the middle-east countries.
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. It provides country-level 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. Additionally, 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.