United Arab Emirates Power Report Q3 2014 - New Report Available


New Energy research report from Business Monitor International is now available from Fast Market Research


[UKPRwire, Thu Aug 21 2014] UAE authorities at both F ederal and E mirate levels continue to prioritise generating capacity expansion programmes focusing on expanding the country electricity mix to include a wider range of fuel sources, spanning to traditional steam and gas turbines to carbon-light technologies, such as renewables and nuclear . Yet we remain sceptical about the ability of the country to meet its targets with the anticipated speed.

Key Trends And Developments

* Although the UAE is not without its challenges, it is seen as one of the more stable Gulf states over the long term, with a small, wealthy population; no history of terrorism; and no sectarian tensions to speak of. Additionally, BMI's Country Risk analysts remain bullish on the economic outlook for the UAE as a wealth of data point to continued growth. With consumer and business sentiment looking positive, the outlook for household consumption and fixed investment is particularly bright over the coming quarters, effectively supporting plans for hikes in generating capacity. With more than USD8bn to be invested in the period up to 2020, the market is expected to remain highly attractive to regional and international developers.
* Several major players are vying for contracts in the well-established thermal segment, as well as in renewables and nuclear. Natural gas-fired generation will continue to fire the lion's share of generation (71.92% in 2023), as the country perseveres with fossil-fuel-based capacity additions with a view to taking advantage of its abundant and cheap domestic resources. Yet, new technologies are being developed in the country. For instance, state-owned Dubai Electricity and Water Authority (DEWA)'s decision to launch a tender for the construction of a new 1,200MW coal-fired power plant in Q313 underlines the UAE's ambitious capacity expansion plans, and we believe one of the most notable elements of the project is that it could potentially be the biggest clean...

Full Report Details at
- http://www.fastmr.com/prod/852010_united_arab_emirates_power_report_q3_2014.aspx?afid=303

The United Arab Emirates Power Report features Business Monitor International (BMI)'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 United Arab Emirates 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 United Arab Emirates to test other views - a key input for successful budgeting and strategic planning in the power market.

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You may also be interested in these related reports:

- United Arab Emirates Petrochemicals Report Q3 2014
- Thermal Power in United Arab Emirates (the UAE), Market Outlook to 2025, 2013 Update - Capacity, Generation, Power Plants, Regulations and Company Profiles
- United States Power Report Q3 2014
- United Kingdom Power Report Q3 2014
- United Arab Emirates Oil & Gas Report Q3 2014

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