Today: March 24, 2017, 5:27 am
  
Energy & Environment

Report Published: "Saudi Arabia Power Report Q1 2017"

Recently published research from Business Monitor International, "Saudi Arabia Power Report Q1 2017", is now available at Fast Market Research
Report Published: "Saudi Arabia Power Report Q1 2017"
PR-Inside.com: 2017-03-20 14:51:56
Government efforts to diversify the power sector away from oil-fired electricity output will be hampered by low oil prices over our forecast period to 2025. Ambitious targets for non-hydropower renewables will not be realised due to stringent local content requirements and fiscal pressures. The majority of capacity increase will be focused on thermal electricity generation, particularly gas-fired power .

Latest Trends And Developments:

Doosan Heavy Industries & Construction has been awarded the contract for the construction of the 1.5 gigawatt combined cycle gas turbine power plant to the value of USD900mn. Doosan will partner with French firm Engie for the construction, and it is expected to be complete by the end of 2019.


The Saudi Arabian energy minister has stated in November 2016 that the government is committed to reducing its reliance on oil-fired power generation. The government intends to achieve this by increasing its gas production for gas-fired capacity while also aiming to increase renewable and nuclear energy.

Full Report Details at
- www.fastmr.com/prod/1252103_saudi_arabia_power_report_q1.aspx?af ..

Saudi Arabia's energy minister stated at the end of October 2016 that the government will be looking to identify a potential site to reserve a spot for the future construction of a nuclear power plant. The government will reportedly announce more concrete plans over the coming 12 months.

We maintain our forecast that Saudi Arabia will not have nuclear power capacity over our forecast period to 2025.

Siemens AG has stated that it expects to receive non-hydropower renewable electricity revenue of up to USD5bn in Saudi Arabia over the course of 2017 to 2020 from contracts to construct wind and solar farms. The company estimates that Saudi Arabia has potential for up to 300 megawatts (MW) of onshore wind capacity.

The Egyptian government has stated that it expects the planned interconnection between Egypt and Saudi Arabia to be completed within 2017. This was after a SAR6bn agreement was signed for interconnection between the two countries in 2013, with the aim of trading a peak capacity of 3,000MW.

The Saudi Arabia Power Report features BMI Research's market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Saudi Arabia Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits

Use BMI's independent industry forecasts for Saudi Arabia to test other views - a key input for successful budgeting and strategic planning in the power market.

Target business opportunities and risks Saudi Arabia's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Saudi Arabia.

Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.

Coverage

BMI Industry View

Summary of BMI�s key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the power sector and within the broader political, economic and business environment.

BMI�s Power Forecast Scenario

Forecasts to end-2024 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:

Generation: Electricity generation total, thermal, coal, natural gas, oil, nuclear, hydropower, hydro-electric pumped storage and non-hydropower renewables.

Transmission and Distribution Losses: Electric power transmission and distribution losses.

Trade: Total imports and exports.

Electricity Consumption: Net consumption.

Electricity Capacity: Capacity net, conventional thermal, nuclear, hydropower and non-hydroelectric renewables.

BMI�s Power Risk Reward Index

BMI�s Risk Reward Indices provide investors (power companies, service companies and equity investors) looking for opportunities in the region with a clear country-comparative assessment of a market�s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors,

Market Overview

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010&afid=701

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

Press Information


Published by
Bill Thompson
18008448156
e-mail
www.fastmr.com



# 880 Words
Related Articles
More From The Author
Newly released market study: Algeria Pharmaceuticals & [..]
The Algeria Pharmaceuticals & Healthcare Report features BMI Research's forecasts for drugs and healthcare expenditure and imports [..]
Mexico Commercial Banking Report Q2 2017 - [..]
The Mexico Commercial Banking Report has been researched at source and features BMI Research's independent assessment and forecasts [..]
Just Published: "France Oil & Gas Report [..]
The overall level of investment in exploration and production in France remains weak and this trend is unlikely to alter [..]
Just Published: "Taiwan Infrastructure Report Q1 [..]
The Taiwan Infrastructure Report features BMI Research's market assessment and forecasts covering public procurement and spending [..]
"Chile Information Technology Report Q1 2017" is [..]
The Chile Information Technology Report features BMI Research's market assessment and independent forecasts covering personal computers [..]
 
More From Energy & Environment
Indonesian Ministry of Energy and Mineral Resources [..]
JAKARTA, Mar 10, 2017 - (ACN Newswire) - In regard to the article from Agence France-Presse (AFP) entitled "Jakarta Mining [..]
Earth Day Texas returns to Fair Park [..]
The world’s largest Earth Day exposition and eco-conference returns Apr. 19-23, 2017 to Fair Park. Officially extending its [..]
GSS Releases the New Version 4 Solar [..]
Chinese battery manufacturer Good Sunshine Tech launched a new version IV solar charger, at GSS convension on December 25th, 2016. [..]
Recycling machinery In Businesses
By installing a recycling machine at your business, you are effectively removing the need for cardboard and plastic bins. These [..]
Saving With Recycling Machines
A waste baler can reduce your waste by up to 90% and our compactors by 75%. There are many reasons [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.