- Sort by:
- Score
- Published ▼
-
Saudi Plans World-Beating $5bn ‘Green Hydrogen’ Project For Neom Future City
...abia’s now-Crown Prince Muhammad bin Salman to great fanfare in 2017 with a $500bn price tag (MEES, 27 October 2017). Whether it ever comes close to achieving its grandiose aims is unclear, but there is at least now movement towards developing innovative industries at the site. No-one can accuse Neom of...
Volume: 63Issue: 28Published at Fri, 10 Jul 2020 -
Egypt’s Economy & Energy Sector Reel From Covid-19
...rch alone, and a further $3bn in April and $1bn in May, to end the first five months at just $36.0bn, down almost $10bn on the start of the year and the lowest figure since 2017 (MEES, 12 June). The end-May figure would have been lower were it not for the mid-month receipt of $2.77bn in emergency IM...
Volume: 63Issue: 27Published at Fri, 03 Jul 2020 -
Dubai Solar Capacity Tops 1GW
...8MW. This too is delayed, missing a first half 2019 start-up target (MEES, 2 June 2017). Germany’s Siemens and Egypt’s Elsewedy meanwhile were awarded a contract to build the 815MW fourth phase of the H-Station plant at Al Aweer, east of Dubai city, but this too has missed its intended in March-Ap...
Volume: 63Issue: 23Published at Fri, 05 Jun 2020 -
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 -
UAE, Egypt Lead Mena Renewables Expansion
...rdan took its total wind capacity to 374MW at the end of 2019 with completion of the 89MW Fujeij wind farm 150km south of Amman (MEES, 20 January 2017). EBRD’s $1.7bn investment in Jordan since 2012 means it can now generate 10-15% of electricity from locally-developed renewables capacity (MEES, 28 Fe...
Volume: 63Issue: 17Published at Fri, 24 Apr 2020 -
Saudi Solar Gains Momentum, But Hydrocarbons Still Dominate Project Pipeline
...nstruction contracts for the PP13 and PP14 plants near Riyadh in 2015, while SEC and state petroleum firm Aramco awarded the Fadhili cogeneration project in early 2017, to provide electricity and process heat for the Fadhili gas processing plant, which started up in late 2019. The two solar projects on...
Volume: 63Issue: 16Published at Fri, 17 Apr 2020 -
Egypt Gas Burn Falls Despite Powergen Record
...imarily the three giant CCGTs:: capacity rose from 46.03GW at the end of 2017 to 57.05GW at end-2019 (see chart 3). Egypt’s total installed capacity is now 85% higher than the record peak load of 30.8GW hit in August 2018. However, much of the existing capacity is in aging plants that have suffered un...
Volume: 63Issue: 12Published at Fri, 20 Mar 2020 -
MEES Interview With EBRD ‘Semed’ Managing Director Heike Harmgart– Edited Highlights
...arted in 2012 – the number of projects, the value of these investments, and also the addition of new countries into the EBRD family, last year Lebanon, and the West Bank and Gaza before that. We have also seen Egypt investment grow substantially in 2017 and 2018. And there will be more countries coming. We...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
Egypt’s Wind Power Capacity Nears 1.4GW, But Expansion Slow
...r electricity. However Abu Dhabi based renewables agency Irena said the lowest worldwide wind bids for 2017 were around US¢4.50/kWh. EETC subsequently awarded a BOO contract for the 250MW West Bakr Wind project near Ras Gharib to Netherlands-based Lekela Power. Lekela did not reveal its el...
Volume: 63Issue: 09Published at Fri, 28 Feb 2020 -
Mena Nuclear Programs Advance Slowly In Shadow Of Geopolitics
...d US firm Westinghouse. Kacare has said it is seeking a “standard plant design” ahead of preliminary engineering (MEES, 1 December 2017). Riyadh’s two-reactor plan is a massive reduction of Kacare’s original 2013 vision of 16 nuclear plants with combined capacity of 18GW by 2032. Kacare now also pl...
Volume: 63Issue: 07Published at Fri, 14 Feb 2020 -
Abu Dhabi Moves To Consolidate State Utilities
...also streamlining other areas of its energy sector, having implemented a considerable shakeup in recent years. State energy investor IPIC was folded into Mubadala in 2017, while Adnoc has been undergoing a major organizational transformation under CEO Sultan al-Jaber. SHAREHOLDERS’ IN...
Volume: 63Issue: 06Published at Fri, 07 Feb 2020 -
Qatar Awards First Utility-Scale Solar Project
...0MW (MEES, 29 September 2017), then 700MW (MEES, 10 January), before Doha settled on its current configuration. Qatar did not initially reveal a levelized cost of electricity (LCOE) for Al Kharsaah – a value thought not to reflect true solar project costs (MEES, 22 November 2019) – saying instead the pr...
Volume: 63Issue: 04Published at Fri, 24 Jan 2020 -
Mena Cross-Border Power Grid Links: More Theory Than Practice
...ectricity between GCC countries as well as enabling alternative supplies to reduce power outages. But volumes remain puny. GCC countries see use of the grid as an emergency backstop more than a routine occurrence: non-emergency transfers only accounted for more than 50% of transfers for the first time in 2017...
Volume: 63Issue: 04Published at Fri, 24 Jan 2020 -
Egypt Tests Sudan Grid Link As Saudi Plans Stall
...velopment as part of Crown Prince Muhammad bin Salman’s ‘Neom’ project (MEES, 27 October 2017). Saudi Arabia was expected to launch an adjusted tender for its side of the link last year, according to local media reports in March 2019, but this has not yet occurred. Of Egypt’s current cross-border li...
Volume: 63Issue: 04Published at Fri, 24 Jan 2020 -
Ground-Breaking Mena Power Plants Due Online In 2020
...id as well as to power the mining and processing operations. Estonia’s Eesti Energia is lead developer, but sold part of its stake to China’s coal power plant operator Yudean to secure Chinese financial backing (MEES, 28 April 2017). Much of Kuwait’s recent power capacity expansion has been ad...
Volume: 63Issue: 01Published at Fri, 03 Jan 2020 -
Qatar Set For 2019 Power, Desalination Records
...NCE MARCH... 2. WITH JAN-OCT UP 22%, 2019 IS ON TRACK TO SMASH 2017'S PREVIOUS ANNUAL RECORD (TWh) 3. QATAR DESALINATION (MN M³) HAS LIKEWISE SEEN A SERIES OF RECORDS... F =FORECAST. SOURCE: QATAR PLANNING & STATISTICS AUTHORITY, ME...
Volume: 62Issue: 50Published at Fri, 13 Dec 2019 -
Mena Renewables Programs Boosted By Multilateral Financing
...ojects in Egypt, Morocco, Jordan and Tunisia, while in 2018 it provided loans to Lebanon for the first time. Peak Mena funding was $2.27bn in 2017, while total funding amounted to $10.40bn in 2012-18, including $2.74bn in energy (see charts). In 2018 EBRD invested €1.99bn ($2.24bn) in its five Mena in...
Volume: 62Issue: 49Published at Fri, 06 Dec 2019 -
Abu Dhabi Goes Big On PV As ‘Nonconventional’ CSP Output Slides
...nventional plant. The data implies that Shams-1 has not performed as well as intended. In an AIP Conference Proceedings paper published in June 2017, Shams Power Company general manager Abdulaziz Alobaidli says “it was obvious from the very first day of this project that it will be very challenging” to bu...
Volume: 62Issue: 48Published at Fri, 29 Nov 2019 -
Saudi Gas Set To Further Strengthen Domestic Powergen Role
...peline connection (see table). Wasit came online in 2016 and then hit full capacity in 2017. The amount of power generated by gas jumped 717 trillion Btu between 2015 and 2017 as a result, and a similar boost from Fadhili would technically be sufficient to erase crude and diesel burn in the eastern an...
Volume: 62Issue: 47Published at Fri, 22 Nov 2019