GCC Power

Boosting Supply

Power consumption across the GCC has grown at an annual rate of about 9% from 2002; Saudi Arabia and the UAE account for a combined 75% of the total GCC consumption, and the GCC counties are expected to spend US$46.22 billion until 2015 in order to add an additional 24,395MW of capacity.

Packed with concrete data and analysis, Markaz GCC Power report provides a road map to the region’s most rewarding mega projects. GCC countries will continue to make concerted efforts to enhance their power generation capacity in an effort to satiate the rising demand due to the increase in the population and economy. Thus, there are currently 430 power projects in the GCC economies with a total value of US$227 billion.

Furthermore, the GCC power grid has successfully passed through two phases and now entered its third and final phase: the inclusion of Oman. Saudi Arabia, with the largest installed capacity, is expected to be a major player in the selling of power and has begun studying the possibility of linking the grid to North Africa and even Europe.

In addition to reliable data and analysis, this report sheds light on new trends in the sector such as GCC states inclination to explore alternative sources of energy including solar power, nuclear, and natural gas in an effort to boost capacity and diversify the energy mix. It also maps out current projects and future business opportunities in the power sector of each GCC country, identifying the authorities and companies carrying them.

Cost of the full report: $500

To know more on this, kindly download the GCC Power Executive Summary



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