New Market Research Report: Kuwait Power Report Q1 2015

From: Fast Market Research, Inc.
Published: Mon Dec 29 2014

The Kuwaiti power sector is facing a number of significant challenges in the years ahead. With power generation struggling the keep up with growing demand, much greater levels of investment are urgently needed. However, with the sector almost wholly state-owned and operated, and a highly restrictive regulatory environment, attracting major investment is difficult.

Kuwait's first public-private partnership for the construction of the 1.5GW al-Zour power plant and desalination plant has the potential to set a precedent for greater private sector engagement within Kuwait's infrastructure and power sectors. At the same time, the government is attempting to scale back its generous regime of energy subsidies, which have led to overconsumption and waste. It remains to be seen how proposals to reduce subsidies will play out, although the issue adds another layer of complexity to the government's attempts to spur investment.Conventional thermal sources have long been the dominant fuel for energy generation in Kuwait, and despite some government efforts to diversify the sector, oil and gas will remain the dominant energy source over the coming years. Following the Fukushima tragedy in 2011, Kuwait ordered the National Nuclear Energy Committee to be dissolved and officially abandoned its pursuit of nuclear power. However, the country is nevertheless aiming to reduce its domestic oil consumption in an effort to free up additional barrels for export, with many power projects that are planned or under construction set to use gas.

Full Report Details at

The electricity and water ministry wishes to more than double generating and desalination capacity by 2017 to cater for growing demand and an estimated USD2.5bn is expected to be invested over the medium term. As part of these efforts, in late December 2013 the government awarded a USD2bn contract for the construction of the emirate's first independent water and power contract, granting private companies a stake in the country's energy...

The Kuwait 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 Kuwait 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 Kuwait to test other views - a key input for successful budgeting and strategic planning in the power market.

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 or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Malaysia Power Report Q1 2015
- Indonesia Power Report Q1 2015
- United Kingdom Power Report Q1 2015
- Argentina Power Report Q1 2015
- Brazil Power Report Q1 2015
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »