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BMI View: Qatar is attempting to reorient its power sector towards the use of solar power and other renewable sources, with the government announcing a goal of generating 20% of its electricity needs from solar over the next decade. For the time being, however, the emirate remains almost entirely dependent on oil and gas for its energy, and given its vast reserves of natural gas, remains a significant net exporter of electricity. Nevertheless, rapidly increasing consumption and a growing number of gas export projects will see the government remain committed to investing in new generating capacity over the coming years. Key trends and developments in the Qatari electricity market: ? Qatar's government is planning to make investments worth US$22bn in its power and water infrastructure over the ...
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