GCC Power & Water Industry Prospects Explored in Topical Ventures Middle East Study Now Available at MarketPublishers.com20 May 2013 • by Natalie Aster
LONDON – Power capacity across the GCC region reached 112,722MW in 2011 as compared to 2002 at 9% CAGR though demand continues to grow at an average rate of 8% across the region, requiring greater and faster capacity additions over the future. Investments across the power sector are estimated at USD 63bn over the next five years, with installed capacity likely to approach 170,000 MW by end-2019.
Similar to power, demand for water is growing at accelerated pace, with low tariffs encouraging wastage and extensive use. Consequently, the GCC countries are expected to invest nearly USD 100bn over the next five years to combat the serious problem of water shortage. Water desalination capacities grew to 5000mn cubic metres per year by end-2012 and are likely to increase by another 1800mn cubic metres annually in 2013. By end-2030, with ongoing investments in integrated power and water projects and desalination plants across the region, capacities are likely to reach 9000mn cubic meters per year.
Topical market research study “GCC Power and Water Desalination Industry Overview March 2013” elaborated by Ventures Middle East aims to explore the dynamics of the GCC power and water desalination industry.
The study provides a regional perspective on the size and value of power and water sector covering the vital statistics on the installed capacity, production and demand for power and water besides offering an analysis of the contractor awards and construction spends in the power and water sector. It also provides a strategic assessment of the industry landscape by analysing the political, economic, social, technological, legislative and the environmental trends impacting this highly developing industry.
GCC Power and Water Desalination Industry Overview March 2013
Published: March, 2013
Price: US$ 1,200.00
More topical studies by the publisher can be found at Ventures Middle East page.