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North Africa Follows UAE, Saudi In Slashing Solar Costs
...uld have cost $649/kW, while its $29.4bn under-development nuclear project with 4.8GW capacity will cost $6,125/kW (MEES, 15 December 2017). UAE/SAUDI SOLAR PV PROJECTS HAVE SET RECORD LOW ELECTRICITY PRICES (US¢/KWH)... ...WHILE NORTH AFRICAN PRICES ARE NOW PLAYING CATCH-UP (US¢/KW...
Volume: 62Issue: 47Published at Fri, 22 Nov 2019 -
SEC Switches Privatization Plan From Sell-Off To IPPs
...cess of peak demand (MEES, 9 August). In the first half of 2019 SEC had access to a total 75.1GW of capacity to supply its grid, 15.5GW above peak load of 59.6GW. Additionally, reduced electricity subsidies have helped cut peak load from the record 62.1GW of 2017 (see chart). PRIVATE SECTOR PL...
Volume: 62Issue: 46Published at Fri, 15 Nov 2019 -
Egypt May Ax Coal Plans On Back Of Major Gas, Solar Expansion
...s since soared with the key boost coming with the December 2017 start-up of the 21.5tcf Zohr field discovered just over two years earlier. By late 2018 Egypt had again become a net gas exporter, since when output has continued to soar an all-time high of 6.75bn cfd in August (see chart, p13). 1: EG...
Volume: 62Issue: 45Published at Fri, 08 Nov 2019 -
Egypt $4bn Benban Solar Park ‘Complete’
...developers were not satisfied with a Cairo court’s decision, did first EBRD and then the World Bank’s International Financial Corporation (IFC) get behind Benban, backing almost all the projects developed so far (MEES, 3 November 2017). EGYPT’S BENBAN SOLAR PARK REACHES 1.475GW CA...
Volume: 62Issue: 44Published at Fri, 01 Nov 2019 -
Qatar Powergen Breaks New Records After 2018 Downturn
...ar. Should the 20% year-on-year growth seen in the first eight months be maintained for the remainder of 2019 this implies a record 47.3TWh for the year as a whole, some 8% above the previous record of 43.9TWh set in 2017 (see chart 2). As with Qatar’s neighbors, electricity demand is highly se...
Volume: 62Issue: 42Published at Fri, 18 Oct 2019 -
Kuwait Readies State Firms For Power IPO
...-year agreement. While prices have not been revealed, in order to have attracted international investors they would have had to be higher than the heavily subsidized tariffs paid by Kuwaiti consumers (MEES, 16 June 2017). CAPACITY GROWTH Kuwait generation capacity stands at 19.42GW thanks to the re...
Volume: 62Issue: 40Published at Fri, 04 Oct 2019 -
Riyadh’s SWCC Privatization: Desalination And Powergen Assets On The Block
...prove our operational excellence and efficiency” in preparation for privatization (MEES, 19 October 2018). This has seen SWCC output increase as a percentage of total Saudi desalinated water production, rebounding from a minimum of 48% of total output in 2016 to 66% of 2017’s total of 2.46bn m3 in 2017...
Volume: 62Issue: 39Published at Fri, 27 Sep 2019 -
Abu Dhabi Eyes Innovative Approach To Energy Transition
...plying total nationwide capacity of 93GW (MEES, 13 January 2017). This is around three times current capacity, hardly boosting confidence in the efforts to improve consumption efficiency and reduce the carbon footprint. These figures imply thermal (mainly gas) capacity rising from 28GW to 35GW by 2050, “cl...
Volume: 62Issue: 38Published at Fri, 20 Sep 2019 -
Saudi Arabia Pushes For Enhanced Gas Role In Energy Transition
...x, with state regulator ECRA’s latest statistics showing that in 2017, gas fueled a record 53.7% of all electricity generation (MEES, 19 April). There is a clear geographic disparity in the kingdom, where liquids have been virtually eliminated from power generation from the eastern and central ar...
Volume: 62Issue: 37Published at Fri, 13 Sep 2019 -
Saudi To Push On With ‘Full Cycle’ Nuclear, Probably
...nsions, Saudi Arabia’s desire to control the whole nuclear enrichment process is sure to raise eyebrows. LEADING PLAYER The leading Mena nuclear player is Russian state firm Rosatom, which is set to follow up its plants in Iran with four units totalling 4.8GW in Egypt (MEES, 15 December 2017...
Volume: 62Issue: 37Published at Fri, 13 Sep 2019 -
Bahrain’s Oil Sector Optimism Spreads To Powergen
...ve existing grid-linked power plants delivered 17.8TWh of electricity in 2018. Additions from the Alba power plants and the GGC grid took total electricity delivered to the grid to 18.0TWh. Bahrain’s peak load fell slightly to 3.44GW in 2018 from a record 3.57GW in 2017, although the trend in recent ye...
Volume: 62Issue: 35Published at Fri, 30 Aug 2019 -
Egypt Solar Soars Thanks To Booming Benban Output
...lar park is a major contributor, along with three giant combined cycle gas turbine (CCGT) plants with a combined capacity of 14.4GW developed by state utility EEHC and brought online in 2017-18, in ensuring that Egypt’s installed generating capacity is more than sufficient to meet anticipated peak el...
Volume: 62Issue: 34Published at Fri, 23 Aug 2019 -
Egypt: Are Power Shortages History?
...22 (MEES, 24 May). Cairo plans to spend just E£4bn ($229mn) on electricity subsidies in the current financial year, down from an estimated E£16bn ($900mn) in 2017-18. Electricity price increases have led to a 3-4% fall in consumption, local media outlet Amwal Al-Ghad reported on 7 August, citing el...
Volume: 62Issue: 33Published at Fri, 16 Aug 2019 -
Saudi Utility SEC Cuts Spending Plans As Power Demand Levels Off
...fline as more advanced facilities are developed. Total capacity available to supply the grid – including firms which generate electricity to supply their own operations and deliver any excess to the grid – peaked in 2017 at 79.1GW and declined to 75.1GW at end-1H 2019. 2018’s demand peak represents 82...
Volume: 62Issue: 32Published at Fri, 09 Aug 2019 -
Oman Cuts Power Growth Forecast, Eyes Lower Gas Burn
...r powergen and instead views incremental gas volumes as a source of additional export revenues. GAS BILL While the reduction in gas burning would be expected to reduce OPWP’s gas bill, it is not clear whether the introduction of time-of-use tariffs for electricity consumers in 2017...
Volume: 62Issue: 31Published at Fri, 02 Aug 2019 -
Libya Adds Powergen Capacity But Remains In The Dark
...return but so far, they have been unwilling, fearing for the safety of their staff. Turkish contractor ENKA and turbine provider Siemens pulled their staff out of the Ubari project back in 2017 after four workers were kidnapped and they haven’t returned since (MEES, 24 November 2017). While Ge...
Volume: 62Issue: 29Published at Fri, 19 Jul 2019 -
Algeria Adding Powergen Capacity, But Big CCGT Progress Piecemeal
...kely a long way down the line: 1.44GW Bellara and 1.38GW Oumache are not mentioned in the new 2018 annual report of lead contractor Korea’s Hyundai E&C, but former Sonelgaz head Muhammad Arkab – now energy minister –said Oumache would be operational by 2020 (MEES, 24 November 2017). Korean contractor Sa...
Volume: 62Issue: 28Published at Fri, 12 Jul 2019 -
Egypt Refining Projects Inching Forward As Subsidy Cuts Curb Consumption
...rformance of the refinery, to produce light products including almost 50,000 b/d of low sulfur diesel and 12,000 b/d of reformate, which is a key gasoline blending component. The $4.3bn ERC plant was originally scheduled to start up in first quarter 2017, but construction was delayed and at times halted be...
Volume: 62Issue: 28Published at Fri, 12 Jul 2019 -
Abu Dhabi Adds Solar Giant To Powergen Fleet
...S BURN HAS STEADIED (TWH) NUCLEAR DELAYS Abu Dhabi state nuclear firm Enec is developing four nuclear reactors with combined capacity of 5.6GW at Barakah on the coast 50km west of Ruwais. Start-up of the first unit was expected in 2017, with the others following at yearly in...
Volume: 62Issue: 27Published at Fri, 05 Jul 2019 -
GCC Grid: Could An Iraq Link Give It Relevance?
...ates all have reliable domestic grids. In a bid to gain relevance the GCCIA is looking outside of the six-country grouping. Certainly the GCCIA needs to be rejuvenated somehow. Total electricity transfers last year amounted to just 1.24TWh, down sharply from 2017’s record 1.63TWh. The key reason fo...
Volume: 62Issue: 26Published at Fri, 28 Jun 2019