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Region Needs $70Bn Investment Over 10 Years To Avoid Power Crisis
...ate-owned oil firm ADNOC is unable supply enough gas. Abu Dhabi Water and Electricity Authority (ADWEA) has 10.11gw power capacity, which will rise to 12.222gw by year end, MEES understands. It needs to build at least a further 10gw of generating capacity by 2017. The expansion would require 1.186bn cf...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010 -
Credit Suisse Appointed Financial Advisor For UAE Nuclear Program
...irates Nuclear Energy Corporation (ENEC) as the UAE proceeds to develop nuclear power generation capacity over the next 10 years. The bank is expected to focus primarily on project risk assessment. The UAE’s first 1.4gw nuclear reactor is set to become operational by 2017, with three others targeted for co...
Volume: 53Issue: 39Published at Mon, 27 Sep 2010