Fast Market Research recommends "Qatar Power Report Q2 2016" from Business Monitor International, now available
[ClickPress, Sun Apr 03 2016] Investment continues in Qatar's power sector, as the government seeks to ensure it maintains an energy surplus as well as securing the country's vital desalinated water supplies. Although a relatively small market, extensive investment in transport and social infrastructure will ensure that demand for electricity remains high and there are a number of power projects in the pipeline. Qatar's power sector remains dominated by natural gas fired power, supported by extensive natural gas reserves, though we are now seeing a gradual foray into renewable energy, particularly solar power, as the country begins the process of diversifying the domestic energy mix.
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Umm Al Houl Power has closed financing for the USD3.2bn Facility D power generation and desalination project near Qatar Economic Zone 3, 20km south of Doha. The scheme entails construction ownership and operation of a 2400MW natural gas-fired, combined cycle power plant and a desalination plant with total capacity of 590,000 cubic metres a day. The scheme will be developed on a build, own, operate and transfer basis.
The government of Qatar has announced plans to invest QAR261bn (USD72bn) in infrastructure development, with special focus on transport, water, electricity and sewage projects. A sum of QAR30bn (USD8.2bn) will be spent on water and power projects.
With specific details of new power projects yet to be released, we are maintaining our current forecasts for growth in Qatar's power sector. Total generation is forecast to increase by 5.71% in 2016 to reach 41.76TWh with further growth over the remainder of the forecast period leading to total generation of 65.35TWh in 2025.
The Qatar 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 Qatar 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.
Use BMI's independent industry forecasts for Qatar to test other views - a key input for successful budgeting and strategic planning in the power market.
Target business opportunities and risks Qatar's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Qatar.
Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.
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