Thursday, 3 October 2013

United Arab Emirates Power Report Q4 2013

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United Arab Emirates Power Report Q4 2013
Oct 2nd 2013, 00:00

Price: $ 1295  

BMI View: Confronted by a sustained increase in demand over our 10-year forecast period, the UAE authorities at both federal and emirate levels are expected to continue to prioritise generating capacity expansion programmes, effectively supporting a bullish outlook for this power market. Although we question whether targets will be met with the anticipated speed, the government and its parastatal utilities are doing most things right, with the country expanding its electricity mix to include a wider range of fuel sources, spanning from traditional steam and gas turbines to carbon-light technologies, such as renewables and nuclear. The UAE is not without its challenges. However, it is seen as one of the more stable Gulf states over the long term, with a small, wealthy population; no history o ...

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