Global Arab Network | Power Struggles - Supplying Electricity to the MENA Region | Energy: "Power Struggles - Supplying Electricity to the MENA Region PDF Print E-mail
James Gavin
Sunday, 26 July 2009 12:24
Electricity_tower
All over the region, rising consumption is testing capacity. In Dubai, the number of electricity customers has doubled in the space of a decade. Saudi Arabia has seen a near 60 per cent increase in electricity customers over the same period.
According to Philipp Lotter, senior vice-president at Moody's Investors Service, power shortages and temporary blackouts have already affected countries with particularly tight supply margins, such as Kuwait and Saudi Arabia, and these are likely to increase, particularly where utilities are unable to fully execute their expansion plans.
The Gulf heads the region in the amount it is prepared to spend to keep the lights on. Estimates suggest that up to $50 billion could be spent in the Gulf Cooperation Council (GCC) countries by 2015, to add 60GW of capacity. But even more will be needed to modernise the region's transmission and distribution networks."
Monday, September 21, 2009
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