Egypt’s government urgently needs to bring new power projects on line to fill the growing gap between and supply, the Arab Petroleum Investment Corporation (Apicorp) says in a report published today. The main challenge is the lack of finance which…
Tag: electricity
After 20 years planning, Saudi Arabia to introduce competition into power generation
Saudi Arabia’s power generation industry, the largest in the Middle East, is to be the first target of the kingdom’s privatisation programme, the MEED Leaders in Energy Reform conference in Dubai was told today. It was told that the Saudi…
Saudi Aramco considers IPP option for Jizan power plant: MEED
MEED reports that Saudi Aramco is considering the possibility of developing its 2,400MW combined cycle Jizan power plant as an independent power project (IPP).
Gulf trims nuclear power plans
Emirates Nuclear Energy Corporation is due to start operating in 2017 For full coverage of Middle East business, see MEED Ambitious plans for nuclear energy in the Gulf are foundering on technical and political challenges and the rise of renewables…
Iran to increase power capacity by 35 per cent
For full coverage of Middle East business, see MEED Iran plans to increase its power generation capacity by 35 per cent from 74GW now to 100GW in 2020, Iran’s deputy energy minister Houshang Falahatian said today during a visit to…
Saudi Arabia calms power and water hike fears
For full coverage of Saudi Arabia’s budget, see MEED People with limited incomes won’t have to pay more for water and electricity as a result of increased utilities tariffs due to come into effect on 1 January as part of sweeping price…
Abu Dhabi water and electricity price rises change face of the local economy
Higher electricity prices for everyone, charges for water consumption by Abu Dhabi nationals and a stinging increase in power use by industry during peak hours in summer are among the features of the most sweeping change in modern history in…
MEED conference told KRG aims for electricity capacity of at least 6GW by start of 2016
The electricity generation capacity in Iraqi Kurdistan should grow by at least one quarter by the start of 2016 to meet soaring demand in the region, the MEED Kurdistan Projects conference in Erbil was told today. “We are striving to…
Dubai Energy Agency to be Gulf energy efficiency model
The Dubai Energy Agency (DEA), which will be established next year to lead energy efficiency and renewable programmes in Dubai, creates a new model that will influence other GCC states, Gulf observers say. The UAE daily The National today reported…
Kuwait solar project plans listed at MEED conference
The MEED Kuwait Energy & Water Efficiency Conference was told today that 3 per cent of Kuwait’s forecast electricity generation capacity needs in 2030 could be met by operating, planned and proposed solar power projects. The projects are: • Rooftop…