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Egypt Renewables Plans Pick Up Pace
...lar park in southern Egypt in 2017 (MEES, 1 November 2019). And wind capacity is set to surge ahead of solar in the coming years with 2.1GW of planned capacity at various stages of development, with just 700MW of solar planned. SHIFTING FOCUS Cairo has shifted from prioritizing co...
Volume: 65Issue: 21Published at Fri, 27 May 2022 -
Energean Karish FPSO Sets Sail, Adds Gas Sales Deal
...pply 0.8bcm/y (77mn cfd) to the newly privatized 700MW East Hagit Power Plant in northern Israel (MEES, 21 January). It is the second GSPA that Energean has signed with lead partner Edeltech, following an October 2017 deal to supply 2.5bcm of gas over 14 years (see table). Energean flags up that th...
Volume: 65Issue: 18Published at Fri, 06 May 2022 -
Libya Advances Power Projects
...ectric of the first unit for its 650MW Tobruk gas turbine plant. Such developments are the result of a brightening political and security outlook after years of division and war (MEES, 12 February). Contracts for both plants were initially signed in 2017 but construction was put on hold due to fi...
Volume: 64Issue: 21Published at Fri, 28 May 2021 -
Kuwait Receives Bids For $1bn Jurassic Gas Production Facilities
...5mn b/d to 1.7mn b/d (MEES, 5 February). A key gathering project for Burgan, the $1.3bn 120,000 b/d GC-32 is facing significant delays. Under a 2017 award, UK firm Petrofac was due to bring GC-32 online in mid-2020, but the latest targets are for a start-up later this year. Kuwait newspaper Al An...
Volume: 64Issue: 18Published at Fri, 07 May 2021 -
Mena Renewables Projects Tap Chinese Funding
...the Gulf power sector. But Silk Road is not the only China-based investor (see table 2). In 2017 a consortium of Chinese state banks led by state credit guarantee agency Sinosure fronted $1.6bn of the $2.1bn cost of Jordan’s 554MW Attarat oil-shale-fired power development (MEES, 28 April 2017...
Volume: 62Issue: 21Published at Fri, 22 May 2020 -
Saudi Nuclear Plan: Slow Progress, But Expanded Scope Eyed
...tential increase in scope is envisaged. The energy ministry’s original announcement of the two-reactor plant said capacity would be 2.8GW (MEES, 28 July 2017). The two-reactor plant is expected to be built at one of two Gulf coast sites either side of the Qatar peninsula: Umm Huwayd to the northwest an...
Volume: 63Issue: 20Published at Fri, 15 May 2020 -
Morocco Awards ‘Game-Changer’ Hybrid Solar Project
...o PV-CSP hybrids to be built at Midelt. The plan is to install 1GW of capacity across the two sites, with phase two developed like phase one as an independent power producer (IPP) project backed by a 25-year power purchase agreement (MEES, 23 June 2017). Masdar chief executive Mohamed al-Ramahi sa...
Volume: 62Issue: 22Published at Fri, 31 May 2019 -
Sharjah Pushes Gas Power Despite UAE Backing Alternatives
...pacity of 1.39GW, and is likely planned to replace the more inefficient existing plants while reducing (if not eliminating) imports from Abu Dhabi which hit a record 1.3GW peak delivery in 2017. The snag is that Sharjah’s gas production is negligible and the emirate is dependent on importing Qatari ga...
Volume: 62Issue: 21Published at Fri, 24 May 2019 -
Morocco Grows Renewables, But Grows Coal More
...reement. ONEE’s overall installed capacity data, particularly the surge in the overall figure to 10.9GW, needs to be treated with caution, however: aging, often mothballed, plants are included. The fact that imports were still needed to meet Morocco’s 2018 peak load of 6.31GW (up 2% on 2017) is suggestive of...
Volume: 62Issue: 20Published at Fri, 17 May 2019 -
Kuwait Powers Ahead With CCGT Plans After Projects Hiatus
...nder was issued in September, will help increase Kuwait’s installed capacity by 32% from 18.74GW to 24.79GW, while the two new IWPPs will raise desalination capacity by 48% to 4.07mn m3/d (see table). Meanwhile, peak load rose from 13.80 GW in 2017 to 14.07GW last year, so there was plenty of slack in th...
Volume: 62Issue: 19Published at Fri, 10 May 2019 -
GCC Gas Burn Increasing To Power Aluminium Smelting
...en, which takes electricity from the second largest Saudi generator, SWCC with 7.81GW generating capacity, and the national grid. GCC aluminium production amounted to 4.8mn tons in 2017, equivalent to 7.9% of global output of 60.8mn tons. To power that output the GCC’s six aluminium complexes ge...
Volume: 62Issue: 18Published at Fri, 03 May 2019 -
Iraq Gas Consumption Soars To Record Heights
...Iraqi crude burn volumes fell to a 10-year low of 43,000 b/d as in 1Q 2018 it stepped up fuel oil and gas consumption in power plants. Q1 crude burn volumes were down from 71,000 b/d in 4Q 2017, which was itself one of the lowest figures in recent years. March’s 28,000 b/d was down more th...
Volume: 61Issue: 21Published at Fri, 25 May 2018 -
GCC Grid Increasingly Used For Power Trading, But Volumes Small
...ectricity have become common. Total electricity traded increased by almost 20% last year to almost 880GWh. While the actual rate of electricity supplied under trade deals was relatively small – 2016’s total power delivery was equivalent to running an 84MW power plant flat out, while 2017’s delivery was eq...
Volume: 61Issue: 21Published at Fri, 25 May 2018 -
Algeria Eyes Solar To Power Oil Operations, But ‘It’s A Long-Term Job’
...om renewables. These will be small projects whose capacity is around 100MW.” Algeria’s solar capacity has risen quickly of late, although from a low level, to 425MW at the end of 2017, while wind capacity has languished at 10MW since 2014 (see chart). The solar increase is attributable to small-sc...
Volume: 61Issue: 20Published at Fri, 18 May 2018 -
Egypt Hopes To Kick-Start Wind Financing With Switch To BOO Contracts
...nistry’s feed-in-tariffs offer developers US¢4.60-11.48/kWh for electricity generated from wind projects. While tariffs for both wind and solar are quoted in the US currency, payments are to be made in Egyptian pounds, putting off some potential investors (MEES, 7 April 2017). For wind, payments would fall fr...
Volume: 61Issue: 19Published at Fri, 11 May 2018 -
Saudi Renewable Plans Thrown Into Confusion By SoftBank Power Play
...ar had agreed to invest $45bn with SoftBank (MEES, 26 May 2017), informed state utility Saudi Electricity Company (SEC) that it would partner with SoftBank to create the 2030 solar plan. However, SEC said only that PIF and SoftBank planned to launch a 3GW solar project in the kingdom in 2018. Pr...
Volume: 61Issue: 18Published at Fri, 04 May 2018 -
Oman Sees Peak Power Demand Up 51% By 2023; Gas Fuel Crunch Looms
...) 2023 vs 2016 *2016 2017 2018 2019 2020 20...
Volume: 60Issue: 21Published at Fri, 26 May 2017 -
Saudi Electricity: Debt Write-Off Clears Way For Break-Up
...rst quarter of 2017, a quarter in which it typically makes a loss. However, the income boost appears to be the result of a reclassification of debt, with an accompanying adjustment to the credit balance. In its Q1 financial results report posted on the Saudi Stock Exchange (Tadawul), SEC says the qu...
Volume: 60Issue: 20Published at Fri, 19 May 2017 -
UAE Finishes Building First Nuclear Plant, But Start-Up Delayed To 2018
...w test and commission the reactor, before handing it over to a joint venture of Enec and Kepco formed to operate the plant. Although the contract signed between Enec and Kepco in 2009 envisaged starting up one reactor each year over the period 2017-20, Enec now says the “timeline includes an ex...
Volume: 60Issue: 19Published at Fri, 12 May 2017 -
Mena Renewables: Capacity Growing But At Half The Global Pace
...cording to the Abu Dhabi-based International Renewable Energy Agency (Irena). This compares with a 7.3% hike to 2.11TW for the world as a whole. While Mena renewables capacity continues to be dominated by hydropower, the agency’s Renewable Energy Capacity Statistics 2017 report shows a 42.4% hike in re...
Volume: 60Issue: 18Published at Fri, 05 May 2017