BMI View: Kuwait's power sector is relatively well-developed and the country has sufficient installedcapacity to meet domestic consumption demands. The government maintains a high level of control of alllevels of the power market, although the use of public-private partnerships (PPPs) is expanding as Kuwaittries to attract more investment to the energy sector. Several significant power projects are underdevelopment and the focus remains almost entirely upon thermal (primarily natural-gas) developments. Therenewable energy sector is at the very earliest stage of development, but does offer significant growthpotential.
Latest Updates And Structural Trends
Thermal power makes up the vast majority of the domestic energy mix in Kuwait, accounting for19.67GW out of the total 19.74GW of installed capacity in 2017. The sector received a boost from thecompletion of the first phase of the Az-Zour power plant in late 2016 and expansion of this project overthe coming years with further increased capacity.