Middle East Economic Survey

VOL. XLIX

No 4

23-January-2006

SUPPLY/DEMAND

Power Firms Predict Coal Expansion At Expense Of Gas

Three leading international power firms, Alstom, Siemens and General Electric are predicting a trend towards the use of coal rather than natural gas as the preferred fuel for power stations. A Financial Times report on 16 January quoted independent forecasts from Alstom and Siemens which showed that about 40% of the orders for electricity turbines in the next decade would be...