Newly released market study: United Arab Emirates Power Report Q2 2015

From: Fast Market Research, Inc.
Published: Wed Apr 15 2015

UAE's focus on expanding its nascent nuclear and solar industries will result in these two sectors making a much greater contribution to both the country's electricity capacity and generation mix over our forecast period to 2023. As such, the role of natural gas in the power mix will diminish, freeing up gas for export. Yet we remain sceptical about the ability of the country to meet its targets with the anticipated speed.

The UAE government - at both the Federal and Emirate levels - will continue to prioritise generating capacity expansion programmes, focusing on integrating a wider range of fuel sources into its electricity mix. Nuclear and renewable energy are high on the list of priorities, as the government looks to conserve domestic hydrocarbon reserves for export. Natural gas currently accounts for the bulk of total electricity generation in the UAE (99% according to BMI 2014 forecasts).

Full Report Details at

Despite the dominance of natural gas, nuclear and renewables will gain significantly over our 10-year forecast period, as a strong project pipeline for both nuclear reactors and solar power plants begins to go online. We expect nuclear generation to total nearly 37 terawatt hours (TWh) by 2023, and solar generation will reach 3.8TWh, also by 2023 (from a total installed solar capacity base of 2.2GW). This will result in natural gas' contribution to the mix falling to roughly 76%.

Key Trends And Developments

* Dubai is positioning itself as a major investment destination for international solar power developers - underscored by our broader outlook for strong growth in solar capacity in the UAE. Intense competition when bidding for solar projects, the construction of a solar panel manufacturing facility and an improving regulatory environment provide a blueprint for other countries in the Middle East to follow.
* Abu Dhabi, UAE, will charge the residents for use of water and increase power tariffs by January 1 2015, according to a statement by the Regulation...

The United Arab Emirates 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 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.

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 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- United Arab Emirates Petrochemicals Report Q2 2015
- United Arab Emirates Oil & Gas Report Q1 2015
- United Kingdom Power Report Q2 2015
- United States Power Report Q2 2015
- Power Generation in United Arab Emirates

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »