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Jordan: Wind Gathers Pace In Bid To Diversify
...2014. The wind farm incorporates 40 of fellow Spanish firm Gamesa’s 2MW turbines. The original plan was to install 33 turbines totaling 66MW, but the ministry expanded the scope. Now Daelim and Kosco have formed the Daehan Wind Power project company to build a 49.5MW wind farm at Tafila, 140km so...
Volume: 59Issue: 15Published at Fri, 15 Apr 2016 -
2.2GW Gas-Fired Plant For Northern Emirates
...x plants totaling 1.15GW in 2013. Now only three are operational: 387MW Nakhil in Ras al-Khaimah and 116MW Ajman and 200MW Al-Zouraa in Ajman. In 2014 Fewa imported 11.1TWh of electricity from Abu Dhabi’s Adewa. Imports exceeded 2GW at peak demand times. Hence building the proposed plant would po...
Volume: 59Issue: 15Published at Fri, 15 Apr 2016 -
Iran’s Power Plants Increase Gas Burn, Face Competition For Supplies
...an’s gas output is being boosted by the completion of development phases of the giant South Pars offshore field. South Pars produced 130 bcm (12.6bn cfd) in 2015-16 up 15% from 113 bcm (10.93mn cfd) for 2014-15, Ali-Akbar Shabanpur, managing director of field operator Pars Oil and Gas Company (POGC) sa...
Volume: 59Issue: 14Published at Fri, 08 Apr 2016 -
Kuwait Boosts Gas-Fired Power Capacity, Prepares Further LNG Imports
...to develop power and water projects on its own, under engineering, procurement and construction contracts (MEES, 13 June 2014). Al-Abdaliyah will be an integrated solar combined cycle (ISCC) power project, with total capacity of 280MW, including a 60MW solar unit to improve the efficiency of th...
Volume: 59Issue: 12Published at Fri, 25 Mar 2016 -
Moroccan Renewable Plans Have Wind In Their Sails With 2GW Target In Sight
...almost 790MW, according to UAE-based renewables agency Irena. This includes Africa’s largest wind farm, 300MW Tarfaya on the Atlantic coast just north of the border with Western Sahara, which was completed in late 2014 (MEES, 19 December 2014). Morocco plans two other wind farms with a co...
Volume: 59Issue: 11Published at Fri, 18 Mar 2016 -
Egypt Eyes 11.6GW Of Coal-Fired Power, Easing Pressure On Gas Supplies
...built near El Hamarawein. An 18-month site study is due for completion in third quarter 2016 (MEES, 14 November 2014). These four coal-fired projects are among a number of proposed Egyptian coal-fired plants, which Cairo has flagged up since a major economic development conference in March 20...
Volume: 59Issue: 10Published at Fri, 11 Mar 2016 -
Algeria’s Sonelgaz Eyes Foreign Loans To Bridge $10bn Funding Gap
...st year was slightly down on the AD600bn ($5.59bn) invested in 2014, he adds. The Algerian government plans to increase electricity and gas prices this year, Mr Boutarfa says. At risk of triggering political protests, government’s latest finance law includes plans to reduce subsidies by raising fo...
Volume: 59Issue: 08Published at Fri, 26 Feb 2016 -
Saudi Power Sector Needs $130bn Over 10 Years, Efficiency Targeted
...vel. Mr Husain told a conference in Riyadh this week that Saudi electricity demand reached a new high of 62.26GW in summer 2015, which was 10% up on 56.55GW recorded in 2014. While a 45% demand hike over eight years is high in global terms, it is still modest compared with a 64% increase over 2008-15 (se...
Volume: 59Issue: 06Published at Fri, 12 Feb 2016 -
Can Climate Change Catalyze Middle East Economic Reform?
...otovoltaic (PV) and wind technologies have become a greater incentive for investors. According to IRENA, onshore wind costs have been declining over the past years, with the best projects delivering electricity at $0.05cents/kWh without financial support. The price of solar PV modules fell by around 75% in 2014...
Volume: 59Issue: 04Published at Fri, 29 Jan 2016 -
Saudi Generator Secures $2bn Credit As Part Of Broader Saudi Funding Drive
...generation Regulatory Authority (ECRA) says that SEC collected an average SR0.138/kWh ($0.04/kWh) from consumers in 2014, more than 10% below the average generating cost of SR0.154kWh. ECRA says SEC’s finances are boosted by “soft loans” from government. In 2015 SEC secured $3bn from Korea’s Kexim to help fu...
Volume: 59Issue: 03Published at Fri, 22 Jan 2016 -
Jordan Steps Up Power Diversity Efforts, Eyes More LNG Imports
...2014 to receive gas from Israel’s Leviathan field, but Jordan has since said the agreement no longer holds (MEES, 18 December 2015). Though Egypt’s recent discovery of the giant Zohr gas field has reopened the possibility of future gas exports, a resumption of shipments through the Arab Gas Pi...
Volume: 59Issue: 02Published at Fri, 15 Jan 2016 -
Saudi Fuel Price Hikes Hit Generators But Make Gas Exploration More Economic
...om consumers in 2014, more than 10% below the average generating cost of SR0.154/kWh. The impact of heavily subsidized electricity on SEC’s earnings has led government to provide what ECRA describes as “soft loans and government grants” to help balance its books. However, SEC’s growing need to ad...
Volume: 59Issue: 01Published at Fri, 08 Jan 2016 -
Oman Budget Reforms May Ease Pressure On Gas-Fired Power Plans
...neration plans coordinated by state utility OPWP add to the burden, taking powergen gas demand from 7.1bcm in 2014 to 9.5 bcm in 2021. GAS PRESSURE Competition for gas from power generation, industry and enhanced oil recovery means that Oman’s LNG exports are in decline, falling 11% in 2014 and yet fu...
Volume: 59Issue: 01Published at Fri, 08 Jan 2016 -
Saudi State Generator Taps $3bn Korean Funding, Eyes Large ISCC Project
...ectricity demand.” Saudi power demand has risen by 7-8%/year in recent years, Mr Shiha notes, adding that the kingdom’s peak electricity demand in 2015 surged to a new record of 62.2GW, which was about 6GW higher than the peak demand level of 2014. GLOBAL RECORD This year’s peak demand growth of ov...
Volume: 58Issue: 50Published at Fri, 11 Dec 2015 -
Egypt Joins MENA Nuclear Club Through 4.8gw Deal With Russia
...actors at Bushehr, under a four-plant deal. However, the deal envisages Iran making its own fuel rods, which may prove a sticking point as the deadline for lifting international sanctions against Iran draws close (MEES, 21 November 2014). Meanwhile, Jordan has signed an agreement with Rosatom for two 1G...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Egypt Tying Up Gas-Fired Finance, Looks To Advance Renewables And Nuclear
...pacity and some new plant start-ups, the Ministry of Electricity managed to deliver a daily peak record load of 29.1GW, which was 5.4% higher than the 27.6GW peak load recorded in 2014 (MEES, 21 August). The electricity ministry is looking to diversify its fuel mix away from gas and oil by en...
Volume: 58Issue: 47Published at Fri, 20 Nov 2015 -
IEA: Mideast Staying Reliant On Gas For Electricity, Despite Renewables
...Gas-fired plants accounted for 65% of Middle East power generating capacity in 2013, and the International Energy Agency (IEA) predicts their share will fall to 56% by 2014. Yet the contribution of gas-fired plants to electricity generated will actually increase, from 64% in 2013 to 67% in 20...
Volume: 58Issue: 46Published at Fri, 13 Nov 2015 -
Algeria’s Peak Power Demand Soars, New Capacity Starting Up
...ALGERIA Algeria’s 2015 peak power demand was almost 1.5GW up on 2014. Algiers has an ambitious program to expand capacity. But, amid growing fuel shortages and a cash crunch, curbing subsidies is a better bet. Algeria’s Electricity Ministry says that the country’s electricity demand re...
Volume: 58Issue: 45Published at Fri, 06 Nov 2015 -
Saudi Arabia Subsidy Cuts On The Way?
...e world, with average monthly power tariffs of $0.04 per kwh, as opposed to $0.13 per kwh in the United States. The IMF calculates that the implicit cost of subsidized petroleum products and natural gas prices in Saudi Arabia was $83bn (equivalent to 11.1% of GDP) in 2014 (MEES, 23 October). Me...
Volume: 58Issue: 44Published at Fri, 30 Oct 2015 -
Aramco Vows $100Bn Spend To Phase Out Crude-Burn, Targets Self-Sufficiency
...amco plans to spend $100bn over the next 10 years in boosting natural gas production capacity with a view to eradicating the kingdom’s direct burning of crude oil in power plants. In July 2014 Saudi crude burning reached a new peak of 899,000 b/d and during June-August this year the average burn was 86...
Volume: 58Issue: 43Published at Fri, 23 Oct 2015