Despite having considerable solar and wind potential, renewable energy makes a minimal contribution to power generation across most of the MENA region, and in particular in the GCC where traditionally low cost oil and gas production has stifled its development.
According to the latest report by MEED Insight, Mena Renewable Energy 2012, states right across the region are now planning a substantial hike in renewable energy capacity over the coming decade to meet high power demand growth, limit the use of oil and gas feedstock in power generation, and take advantage of a forecast drop in solar and wind generated electricity.
Ten of the 14 Arab states covered in this report have set 2020 renewable energy targets, ranging from 5 per cent of the total energy mix to 42 per cent. Even those that have not, such as Saudi Arabia and Iraq, are talking of implementing major solar power programmes. The targets imply that renewable energy capacity will have to rise three-fold to at least 27,000MW if they are to be met.
Through more than 150 pages, this report provides exclusive insight into the drivers behind the ambitious 2020 renewable energy programmes set by Arab states.
“For most Arab states, raising the contribution of solar and wind power in the energy mix is only one part of the renewables drive”, says Angus Hindley, MEED’s Research Director. “Increasingly, governments see the capacity push as nurturing new solar-related manufacturing, which will not only create much-needed employment but also assist in economic diversification.”
Along with providing a detailed analysis of the existing renewable energy sector across the MENA region, this report offers you a detailed forecast for demand growth, additional capacity and investment requirements to 2020. You will benefit from detailed insight into:
- Renewable energy targets of 14 Arab states to 2020
- Data on existing renewable energy capacity and planned projects
- The effect of high demand growth and the forecast rise in solar and wind generated electricity on planned capacity
- The effect of civil unrest in 2011 on renewable energy plans
- Plans to create much-needed employment and economic diversification through renewable energy industry
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About MEED Insight:
Thanks to its own projects tracker, MEED Projects, MEED Insight has access to unparalleled, up-to-date information on the region’s projects market. We can provide companies with:
- Details of all major projects within a given market or sector, including their scope
- Contacts for clients, contractors and suppliers
- Information on key clients and their tendering processes
- Information on how to register with clients and prequalify for projects
- Forecasting of future projects
MEED Insight has access to a wealth of regional data ranging from broad macroeconomic statistics to sector-specific information. We can obtain and analyse data on a specific market or industry to help companies gain an insight on market size and potential
MEED Insight also offers a series of off-the-shelf reports on a range of different sectors and industries. The information compiled for these reports comes from a variety of sources, including MEED magazine, MEED.com, MEED Events and MEED Projects, as well as primary and secondary research.
Our current off-the-shelf reports include:
- Middle East Projects Forecast and Review Report 2011
- Qatar Projects Report 2011-22
- Mena Rail Report 2011
- The Iraq Power Report 2011
- GCC ICT Projects Outlook & Review
- GCC Projects Forecast & Review 2010
- Power & Water in the GCC 2010
- Libya Power & Desalination
- Middle East Steel 2009
- Wastewater in the GCC
- Middle East Cement 2009
- Mena Mining 2009
- Mena Aluminium 2009
- GCC District Cooling
- GCC Economic Outlook
To find out how MEED Insight can help you gain critical business insight, please submit your details on our contact form:
- Telephone: +971 (0) 4 367 1302