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Riyadh Touts Desalination Assets In Privatization Drive: What’s At Stake?
...THORITY. MEES. 2: SAUDI DESALINATION CAPACITY (‘000 M³/D): OVER 93% IS LARGELY OR WHOLLY STATE-OWNED SAUDI ARABIA’S DESALINATION FIRMS 2017 ('000 M³/D) Ownership in de...
Volume: 61Issue: 42Published at Fri, 19 Oct 2018 -
Delegates Desert Saudi Investor Conference
...tober 2017) and the publicity stunt of granting citizenship to the robot “Sophia.” The Crown Prince intended the second act to rival last year’s event, promising the unveiling of an “amazing deal…far away from oil” at FII in a Bloomberg interview earlier this month. “There is one deal in FII and th...
Volume: 61Issue: 42Published at Fri, 19 Oct 2018 -
Oman Eyes Big Solar To Reduce Reliance On Gas-Fired Power
...pacity of 1.55GW put renewables in second place, with the remainder comprising a “clean coal” project and the Misfah IPP, for which the fuel has not been specified (see chart). At the end of 2017 Oman had just 8MW of renewables power generation capacity, according to Abu Dhabi-based renewable energy ag...
Volume: 61Issue: 41Published at Fri, 12 Oct 2018 -
Iraq Aims To End Blackouts As Protests Rage On
...emens is upgrading and expanding a number of existing power plants, while GE is providing turbines and generators for several combined cycle gas turbine (CCGT) plants which are under development (MEES, 8 December 2017). MOUNTING PRESSURE Iraq’s powergen woes are a key grievances ci...
Volume: 61Issue: 39Published at Fri, 28 Sep 2018 -
Acwa Power: Solar Record-Setter, But Any Coal’s A Goal
...el oil (HFO) and gas. Even its 15 projects under construction include a coal-fired plant and one burning HFO. Acwa had equity in assets with a combined capacity to generate 22.6GW of electricity and desalinate 2.7mn m³/d of water as of the end of 2017, mainly in Saudi Arabia but also in Oman, UA...
Volume: 61Issue: 38Published at Fri, 21 Sep 2018 -
SEC Takes First Steps Toward Saudi Power Sector Shake-Up
...ductions in electricity price subsidies and establishment of a ‘Citizen’s Account’ compensation scheme for poorer households meant that by late last year this had slipped to a pledge from SEC chairman Saleh al-Awajji for “some achievements during 2018” (MEES, 22 December 2017). SEC reported a whacking 52...
Volume: 61Issue: 37Published at Fri, 14 Sep 2018 -
Mena Coal Plans Get Big Boost From Egyptian Project With Chinese Cash
...59 Handed over by Sepco 3 in July 2017 Awarded: 9.79 44.54 Safi Mo...
Volume: 61Issue: 36Published at Fri, 07 Sep 2018 -
Egypt’s Gas Surge Enables Planning Beyond Powergen Needs
...luable liquid fuels from the power mix. EEHC burned a record 8.84mn tons (161,000 b/d) of heavy fuel oil (HFO) in financial year 2015-16. But this fell to 7.15mn t (130,000 b/d) for 2016-17 as gas burning in power plants soared to 3.27bn cfd. For 2017-18 gas burning rose again to 3.60bn cfd for 2017...
Volume: 61Issue: 35Published at Fri, 31 Aug 2018 -
Gulf Crude Burn Down Sharply In 2018, But Fuel Oil Is The Key Replacement Fuel
...TA FOR 1H18. 1H18 REGIONAL TOTALS AND FULL YEAR FORECASTS PRESUME VOLUMES LEVEL WITH 2017. **PRESUMES ALL FUEL OIL CONSUMPTION IS IN POWER PLANTS. EXCLUDES DIESEL. SOURCE: JODI, MEES ESTIMATES & CALCULATIONS....
Volume: 61Issue: 34Published at Fri, 24 Aug 2018 -
Saudi Power Capacity Tops 90GW As Planning Shifts To ‘Clean’ Energy
...amco completed cogeneration plants at two oil processing plants and a gas processing plant in 2016, while the first 660MW unit at SEC’s Jeddah South plant was online in May 2016 and the plant fully operational by the end of 2017. Rawec, utilities supplier to the Petro Rabigh refining and petrochemicals co...
Volume: 61Issue: 32Published at Fri, 10 Aug 2018 -
Egypt’s New CCGTs Take Pressure Off Power Generators
...ypt’s installed generating capacity close to 50GW (see table). This is two-thirds higher than 2017’s record peak power load, with demand topping 30GW for the first time last July. With such a comfortable excess, EEHC can now afford to shut down some older and more inefficient power plants, at least fo...
Volume: 61Issue: 31Published at Fri, 03 Aug 2018 -
Egypt Completes 14.4GW Gas-Fired Megaproject In Record Time
...W coal-fired plant at Hamrawein on the Red Sea (MEES, 29 June). At least this is a more economic option than Egypt’s other long-term megaplan, a 4.8GW nuclear plant to be built by Russia’s Rosatom which comes with a jaw-dropping $29.4bn price tag (MEES, 15 December 2017). EGYPT’S KEY POWER PR...
Volume: 61Issue: 30Published at Fri, 27 Jul 2018 -
Abu Dhabi, Dubai Push Power Capacity, Diversify From Gas Fuel
...so supplies other emirati utilities. In 2017 Adwec delivered 13.97TWh (a daily average of 1.59GW) to the Federal Electricity & Water Authority (Fewa), which supplies the northern emirates, and 6.93TWh (791MW average) to Sharjah Water & Electricity Authority (Sewa). Fewa and Sewa have generating ca...
Volume: 61Issue: 29Published at Fri, 20 Jul 2018 -
Saudi’s PIF Increases Stake In Local Private Firm Acwa Power
...ma Foreign Holdings. PIF is slated to have a key role in achieving Crown Prince Muhammad’s Vision 2030 economic diversification strategy – aimed at ending the Saudi “addiction to oil” (MEES, 17 November 2017). Acwa Power’s finances and ownership structure are opaque. But disclosures at the time of...
Volume: 61Issue: 28Published at Fri, 13 Jul 2018 -
Oman Reduces Peak Electricity Load Forecast, Targets Lower Gas Burn
...rough 2024, despite a steady 7% a year growth in electricity generation. OPWP says that in 2017 electricity demand in the MIS grid grew “at a relatively slow pace compared to the historical average.” Peak demand increased by 3.3% to 6.12GW in 2017, compared with an average 7% a year during 2010-17, wh...
Volume: 61Issue: 27Published at Fri, 06 Jul 2018 -
Egypt Eyes Coal-Fired Power To Reduce Gas Reliance
...$6.1bn per GW of capacity, compared with $4.4bn or $730mn/GW for the coal-fired plant, suggesting that prestige and not just fuel diversity is a factor in government’s power plan (MEES, 15 December 2017). GAZ GUZZLERS Despite the move to broaden its powergen fuel options, gas-fired capacity co...
Volume: 61Issue: 26Published at Fri, 29 Jun 2018 -
Algeria Makes Electricity Gains, But Struggles To Power The Future
...ility Sonelgaz says that the country’s generators delivered a total 69.79TWh of electricity to the grid in 2017, an increase of 7% on 2016. But the firm has failed to lift a number of big CCGT projects off the ground, owing largely to a lack of foreign funds. Of the total generated electricity last ye...
Volume: 61Issue: 25Published at Fri, 22 Jun 2018 -
Mena Countries Eye Oil, Gas Savings From Renewables Plans
...ficient CCGT plants) or 78,000 b/d of liquid fuel (see table). This is less than 10% of the oil burnt by Saudi Arabia alone (974,000 b/d for 2017: 458,000 b/d crude and 465,000 b/d fuel oil). Only for Morocco, and to a lesser extent Jordan and Tunisia (MEES, 1 June), have new renewables significantly de...
Volume: 61Issue: 24Published at Fri, 15 Jun 2018 -
Egypt: Power Price Hike, Or Back To The Future?
...nancial year. But it saw spending on power subsidies soar to hit E£64bn for 2016-17. The 2017-18 budget estimated a fall to E£28.6bn (MEES, 25 May). The plan was that electricity subsidies would have been completely phased in the upcoming financial year. But, wary of public opinion, President Sisi re...
Volume: 61Issue: 24Published at Fri, 15 Jun 2018 -
Gulf Countries Throw Jordan A $2.5bn Lifeline Amid Unrest
...cent recovery in oil prices, the GCC states are in a better position to fulfill their latest promises and disburse the pledged aid promptly to cash-strapped Jordan, but the aid still won’t even meet the gap left between 2017 and 2018 after the 2011 GCC package expired. PLAYING HA...
Volume: 61Issue: 24Published at Fri, 15 Jun 2018