New market study, "Saudi Arabia Power Report Q4 2010", has been published

Nov. 4, 2010 - PRLog -- The new Saudi Arabia Power Report from BMI forecasts that the country will account for 17.22% of Middle East and Africa (MEA) regional power generation by 2014, with a theoretical supply surplus if there is sufficient additional investment in capacity. BMI's MEA power generation estimate for 2010 is 1,221 terawatt hours (TWh), representing an increase of 4.0% over the previous year (where markets were depressed by the economic slowdown). We are forecasting an increase in regional generation to 1,463TWh by 2014, representing a rise of 19.8% between 2010 and the end of the period.

MEA thermal power generation in 2010 is estimated by BMI at 1,138TWh, accounting for 93.2% of the total electricity supplied in the region. Our forecast for 2014 is 1,333TWh, implying 17.2% growth in 2010-2014 that reduces slightly the market share of thermal generation to 91.1% - thanks in part to environmental concerns that should be promoting renewables, hydro-electricity and nuclear generation. Saudi Arabia's thermal generation in 2010 will have been an estimated 215TWh, or 18.88% of the regional total. By 2014, the country is expected to account for 18.90% of thermal generation.

Oil will have been the dominant fuel for Saudi Arabia in 2010, accounting for an estimated 65% of primary energy demand (PED), followed by gas at 35%. Regional energy demand is forecast to reach 1,074mn tonnes of oil equivalent (toe) by 2014, representing 16.3% growth over the period since 2010. Saudi Arabia's estimated 2010 market share of 21.66% is set to ease to 20.86% by 2014.

Saudi Arabia now shares sixth place with Kenya in BMI's updated Power Business Environment Rating, in spite of its considerable market size, low level of energy import dependency and particularly low proportion of renewables use. The power sector is not competitive, with little progress towards privatisation. The regulatory environment remains relatively unattractive. Saudi Arabia is just two points behind Nigeria, so has the long-term potential to catch the African state.

BMI is now forecasting real GDP growth averaging 3.12% per annum between 2010 and 2014, with the 2010 growth assumption being 2.60%. The population is expected to expand from 26.0mn to 28.1mn over the period, with GDP per capita and electricity consumption per capita forecast to rise by 22% and 9% respectively. The country's power consumption is expected to increase from an estimated 186TWh in 2010 to 220TWh by the end of the forecast period, with a generation surplus, assuming 4.0% average annual growth (2010-2014) in electricity generation.

Between 2010 and 2019, we are forecasting an increase in Saudi electricity generation of 49.0%, which is near the middle of the range for the MEA region. This equates to 23.0% in the 2014-2019 period, up from 17.3% in 2010-2014. PED growth is set to increase from 12.0% in 2010-2014 to 13.1%, representing 26.7% for the entire forecast period. Thermal power generation is forecast to rise by 49% between 2010 and 2019. More details of the longer-term BMI power forecasts can be found later in this report.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/90421_saudi_arabia_power_repor...

Partial Table of Contents:

Executive Summary
SWOT Analysis
- Saudi Arabia Power Business Environment SWOT
- Saudi Arabia Political SWOT
- Saudi Arabia Economic SWOT
Industry Overview
- Global
- Table: Global Summary, 2007-2014
- Middle East And Africa Region
- Table: Middle East And Africa Power Generation, 2007-2014 (TWh)
- Table: Middle East And Africa Thermal Power Generation, 2007-2014 (TWh)
- Table: Middle East And Africa Primary Energy Demand, 2007-2014 (mn toe)
- Table: Middle East And Africa Gas Consumption, 2007-2014 (bcm)
- Table: Middle East And Africa Coal Consumption, 2007-2014 (mn toe)
- Table: Middle East And Africa Nuclear Energy Consumption, 2007-2014 (TWh)
Market Overview - Saudi Arabia
- Primary Energy Demand
- Power Generation
- Power Consumption
- Regulation And Competition
- Pricing
- Power Transmission
Business Environment
- Middle East And Africa Power Business Environment Ratings
- Table: Middle East And Africa Power Business Environment Ratings
- Overview Of Saudi Arabia's Power Rating
- Rewards
- Risks
- Legal Framework
- Infrastructure
- Labour Force
- Foreign Investment Policy
- Tax Regime
- Security Risk
Industry Forecast Scenario
- Saudi Arabia's Power Outlook
- Generation
- Gas-Fired
- Oil-Fired
- Coal-Fired
- Nuclear Energy
- Hydro-Electric
- Renewable Energy
- Power Costs
- Transmission
- Table: Saudi Arabia's Power Sector, 2007-2014
- Table: Saudi Arabia's Thermal Power, 2007-2014
- Table: Saudi Arabia's Power Costs, 2007-2014 (US$mn, unless otherwise stated)
- Assumptions And Methodology
- Key Risks To BMI's Forecast Scenario
- Long-Term Power Outlook
- Macroeconomic Outlook
- Table: Saudi Arabia - Economic Activity, 2007-2014
Power Outlook: Long-Term Forecasts
- Global Snapshot
- Table: Global Summary, 2012-2019
- Regional Outlook
- Table: Middle East And Africa Electricity Generation, 2012-2019 (TWh)
- Table: Middle East And Africa Primary Energy Demand, 2012-2019 (mn toe)
- Table: Middle East And Africa Thermal Power Generation, 2012-2019 (TWh)
- Table: Middle East And Africa Hydro-Electric Generation, 2012-2019 (TWh)
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Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=9042...

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