Kuwait Power Q1 2020
Thermal power will remain dominant in Kuwait throughout our 10-year forecast period to 2028, divided between oil- andgas-fired capacity with oil power favoured by a relatively small margin. Solar power will drive growth in non-hydropower renewables capacity through the coming decade, growing rapidly from a low base but presenting limited opportunitiesfor investment. However, government's rising interest in privatising minority shares in large-scale projects to share the cost ofdevelopment may present more substantial investment potential in the years to come.
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