Driven by economic and population growth, demand for electricity has grown so rapidly in the Mena region, that in many instances utilities have struggled to keep up. The result has been the investment of hundreds of billions of dollars in new power plants. The Mena region has installed power generation capacity of more than 185,000MW as of end 2012. At the current rate of demand growth, just over 300,000MW of installed capacity will be required by 2020, an increase of 61 per cent.
MEED Insights latest report, Mena Power 2013, provides an overview of developments and trends over the past years and the outlook for capacity and investment up to 2020. In addition to providing you with details on current and future power projects, this report also includes supply and demand figures, expenditures, regulatory issues, and each countrys policy and strategy toward its energy sector.
Key benefits and features:
You will benefit from detailed insight into:
- Data and analysis of this $28bn a year market and forecasts up to 2020
- Proprietary long-term forecasting for demand growth and capacity requirements
- Overview of market trends, opportunities and challenges
- In-depth analysis by country and market segment
- Rankings of developers and contractors
- Identify key opportunities, challenges and much more
Over the next seven years, more than $100bn of investment is required to meet the additional capacity. The same amount is required to be invested in the transmission and distribution sectors, meaning the region has a whole will require more than $200bn of investment in its power sector by 2020, equating to some $28bn a year – representing a fantastic growth opportunity for anyone involved in the power market.
Faced with the prospects of blackouts or disruptions to electricity supplies, the power sector is a clear strategic priority leaving the governments with no choice but to meet this demand.
In addition to providing you with an extensive analysis on future power projects planned by clients, this report includes an assessment of the growing alternative energy opportunities.
Save time and investment on research and analysis. Gather exclusive data on the Mena power market through this in-depth examination.
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