Qatar Power Q4 2018
Qatar's power industry will register notable growth in generation following the launch of the 2,520MW Umm al Houlpower facility, currently scheduled to come online in late 2018. However, the country's power project pipeline indicates very limitedcapacity additions over the coming decade, which will be mostly concentrated in the solar sector. Despite this, Qatar's powergeneration will remain almost entirely dependent on natural gas-fired facilities. We hold our view that stable economicdevelopment, a rapidly rising population and the FIFA 2022 World Cup will be key drivers of further development and modernisationof the power industry over the coming years.
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