New market study, "Kuwait Power Report Q1 2011", has been published

New Energy research report from Business Monitor International is now available from Fast Market Research
 
Feb. 7, 2011 - PRLog -- The new Kuwait Power Report from BMI forecasts that by 2015 the country will account for 4.21% of Middle East and Africa (MEA) regional power generation, with shortages possible at times of peak demand. BMI's MEA power generation estimate for 2010 is 1,222 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 1,518TWh by 2015, representing a rise of 24.2% between 2010 and the end of the period.

MEA thermal power generation in 2010 is estimated by BMI at 1,140TWh, accounting for 93.3% of the total electricity supplied in the region. Our forecast for 2015 is 1,378TWh, implying 20.8% growth in 2010-2015 that reduces slightly the market share of thermal generation to 90.8% - thanks in part to environmental concerns that should be promoting renewables, hydro-electricity and nuclear generation. Kuwait's thermal generation in 2010 will have been an estimated 54TWh, or 4.74% of the regional total. By 2015, the country is expected to account for 4.63% of thermal generation.

Oil will have been the dominant fuel in Kuwait in 2010, accounting for an estimated 61% of primary energy demand (PED), followed by gas at 39%. Regional energy demand is forecast to reach 1,117mn tonnes of oil equivalent (toe) by 2015, representing 20.8% growth over the period since 2010. Kuwait's estimated 2010 market share of 3.46% is set to fall to around 3.40% in 2015.

Kuwait is ranked last behind even Algeria in BMI's updated Power Business Environment Ratings, thanks to its modest market size, state control of the power sector and a particularly low proportion of renewables use. The power sector is not competitive, with no appreciable progress towards privatisation. The regulatory environment is unattractive. Kuwait is two points behind Algeria, but is unlikely to challenge for promotion over the next few quarters.

BMI is now forecasting real GDP growth averaging 3.08% per annum between 2010 and 2015, with the 2011 assumption being an increase of 2.00%. Population is expected to expand from 2.90mn to 3.20mn over the period, with GDP per capita forecast to rise by 24% and power consumption per capita expected to increase by 7% from an already high base. The country's power consumption is expected to increase from an estimated 34.3TWh in 2010 to 40.5TWh by the end of the forecast period, resulting in a broadly balanced market that, at times of peak demand, will struggle to provide adequate supply without imports - assuming 3.1% average annual growth in electricity generation.

Between 2010 and 2020 we are forecasting an increase in Kuwaiti electricity generation of 38.4%, which is among the lowest in the MEA region. This equates to 17.1% in the 2015-2020 period, down from 18.2% in 2010-2015. PED growth is set to decrease from 18.7% in 2010-2015 to 18.4%, representing 40.6% for the entire forecast period. Thermal power generation is forecast to rise 38% between 2010 and 2020. More details of the longer-term BMI power forecasts can be found at the end of this report.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/114377_kuwait_power_report_q1_...


Partial Table of Contents:

Executive Summary
SWOT Analysis
- Kuwait Power Business Environment SWOT
- Kuwait Political SWOT
- Kuwait Economic SWOT
Industry Overview
- Global
- Table: Global Summary, 2008-2015
- Middle East And Africa Region
- Table: Middle East And Africa Power Generation, 2008-2015 (TWh)
- Table: Middle East And Africa Thermal Power Generation, 2008-2015 (TWh)
- Table: Middle East And Africa Primary Energy Demand, 2008-2015 (mn toe)
- Table: Middle East And Africa Gas Consumption, 2008-2015 (bcm)
- Table: Middle East And Africa Coal Consumption, 2008-2015 (mn toe)
- Table: Middle East And Africa Nuclear Energy Consumption, 2008-2015 (TWh)
Market Overview
- Primary Energy Demand
- Power Generation
- Power Consumption
- Regulation And Competition
- Pricing
- Power Transmission
Business Environment
- Middle East And Africa Power Business Environment Ratings
- Table: Regional Power Business Environment Rating
- Kuwait's Business Environment
Industry Forecast Scenario
- Kuwait's Power Outlook
- Generation
- Gas-Fired
- Oil-Fired
- Others
- Renewable Energy
- Power Costs
- Transmission
- Table: Kuwait's Power Sector, 2008-2015
- Table: Kuwait's Thermal Power, 2008-2015
- Table: Kuwait's Power Costs, 2008-2015 (US$mn, unless otherwise stated)
- Assumptions And Methodology
- Key Risks To BMI's Forecast Scenario
- Long-Term Power Outlook
- Macroeconomic Outlook
- Table: Kuwait - Macroeconomic Activity, 2007-2014
Power Outlook: Long-Term Forecasts
- Global Snapshot
- Table: Global Summary, 2013-2020
- Regional Outlook
- Table: Middle East And Africa Electricity Generation, 2013-2020 (TWh)
- Table: Middle East And Africa Primary Energy Demand, 2013-2020 (mn toe)
- Table: Middle East And Africa Thermal Power Generation, 2013-2020 (TWh)
- Table: Middle East And Africa Hydro-Electric Generation, 2013-2020 (TWh)
- Table: Middle East And Africa Nuclear Generation, 2013-2020 (TWh)
- Kuwait Country Overview
- Methodology And Risks To Forecasts
Competitive Landscape
Country Snapshot: Kuwait Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030

Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=1143...

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
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