New Energy research report from Business Monitor International is now available from Fast Market Research



[ClickPress, Fri Apr 29 2016] Significant changes are on the cards in the Kuwaiti power sector as the government attempts to spur investment into the country's ageing infrastructure. The government has earmarked USD9.9bn for infrastructure projects including power , and progress is being made on greenfield thermal and renewable projects. The electricity and water ministry is aiming to double generating and desalination capacity by 2017 to cater to growing demand , and an estimated USD2.5bn is expected to be invested over the medium term .

Latest Updates And Structural Trends

Driven by continued expansion in oil and gas-fired electricity sources, the country's total net generation is forecast to increase from an estimated 66.2 terawatts (TWh) in 2015 to 99.9TWh in 2025.

We forecast gas fired generation to average 7.0% growth per annum over the coming decade, leaving behind oil-fired generation with the average annual expansion rate of 2.3%.

Non-hydro renewables generation will continue rising from a low base, but the sector's contribution to the overall country's power mix will remain very limited.

Full Report Details at
- http://www.fastmr.com/prod/1152855_kuwait_power_report_q2_2016.aspx?afid=301

In January 2016, the deputy chairman of the state-run energy company Kuwait Petroleum Corporation , Nizar al Adsani, reiterated the government's plans to enact gradual subsidy cuts for energy products during the year.

Kuwait's total electricity consumption was estimated at 56.9TWh in 2015 and we expect this figure to continue growing at an average annual pace of 4.2% in the next decade to reach 85.9TWh in 2025.

The Kuwait 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 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.
Target business opportunities and risks Kuwait's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Kuwait.
Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.

Industry SWOT Analysis

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 http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)


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

Visit website »