Power in the GCC

Power in the GCC

February 8, 2010 4:58 by kippreport

Currently, the UAE accounts for 10.7 percent of the GCC’s entire energy consumption, followed by Saudi (7 percent) and other member states (between 4 and 6 percent).
The region’s current installed power capacity is around 75,000 megawatts (MW), but estimates vary as to how the demand will increase over the next five to 10 years.
In 2007, the World Energy Council estimated that the GCC countries would require 100,000MW of additional power over the next 10 years; other estimates predict that the demand for power in the GCC will increase by 9.5 percent per year.
Separate figures estimate that the region will need between 55,000MW and 60,000MW of additional power by 2015. Saudi Arabia is expected to need another 2,000MW annually during the next 10 years, the UAE is forecast to see demand grow from around 15,000MW in 2008 to 40,000MW in 2020.

Pages: 1 2 3 4 5 6

Tags: consumption, Electricity, Energy, environment, gas, gcc, Masdar, oil, plants, power, UAE

Previous Article Cover Story Next Article

The futility of a Facebook fatwa
February 8, 2010 | Cover Story

Pan-Arab currency unlikely by ‘20
February 8, 2010

More on Cover Story

All Cover Story

1 Comment

Deane Hansch on April 11, 2011 9:56 am

The two of us will have been researching into solar energy for nearly a twelve months and my spouse and i eventually made the actual investment based mainly on the mixture of governtment incentive packages as well as seriously cost-effective financing. The two of us have actually really been checking into solar energy for approximately a year or so and then my spouse and i finally made the actual decision based upon on the mixture of the governtment incentive packages along with tremendously cost-effective loans. I essentially didn’t comprehend just how affordable it all was and as a consequence my spouse and i will have ended up being a solar powered home for approximately a 4 weeks and everything seem to be as though it all is definitely working out very good. We can now basically take pleasure in how very much electricity our organization aer reducing every single day and it is definitely quite extraordinary. I alway considered that solar energy was probably supported by means of a large amount of hoopla but My spouse and i can certainly convey you the fact that the product is without a doubt the genuine deal. My partner and i wish my partner and i had done this ages ago.