Oman Power Q3 2018
We have made small tweaks to our overall forecasts this quarter. Generation is currently at a slightly lower base thanpreviously estimated. However, we are upbeat about the trajectory for output over the coming decade, expecting total generationto reach 71.65TWh in 2027, compared with our previous forecast of 68.93TWh. Natural gas remains the overwhelmingly dominantcontributor, both in terms of thermal output and overall output. However, it is in the nascent non-hydropower renewables arenathat we have made our biggest revisions this quarter. We now expect this segment to account for 4.0% of total electricity generationin 2027, compared with our previous forecast of 0.2% in that year.
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