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Saudi Arabia Power Report Q4 2017

Saudi Arabia Power Report Q4 2017

BMI View: Gas-fired power's share of total electricity output in Saudi Arabia will increase over our 10-year forecast period as the government aims to reduce its reliance on oil-fired power. As the governmentfocuses on gas power investment and the lower oil-price environment decreases its overall budget, weexpect that non-hydropower renewable projects will receive less funding and the government's target of9.5GW of renewable capacity by 2023 will not be met.

Latest Trends And Developments:

We maintain our overall forecasts for thermal power generation in Saudi Arabia. We expect that oil-firedpower growth will remain mostly stagnant at an annual average growth rate of 0.2% over our 10-yearforecast period, while gas-fired power will grow at 3.8% during that same time. The stagnant growth ratein oil power will be due to the government focusing on increasing gas-fired power output in order to useless oil for electricity generation to free it up for export. Gas-fired power output will therefore increase itsdominance of the Saudi power sector, and we expect that the government will focus its investment on gasas a baseload power source while attempting to increase its non-hydropower renewables and nuclearcapacity at a later stage.


BMI Industry View
Table: Headline Power Forecasts (2016-2022)
SWOT
Industry Forecast
Saudi Arabia Snapshot
Table: Country Snapshot: Economic and Demographic Data (Saudi Arabia 2016-2021)
Table: Country Snapshot: Economic and Demographic Data (Saudi Arabia 2021-2026)
Table: Country Snapshot: Power Sector
Saudi Arabia Power Forecast Scenario
Table: Saudi Arabia - Original 2032 Power Sector Targets (Eventually Pushed Back To 2040)
Oil Generation And Capacity Forecasts
Gas Generation And Capacity Forecasts
Nuclear Generation And Capacity Forecast
Renewables Generation And Capacity Forecasts
Electricity Generation And Power Generating Capacity
Table: Total Electricity Generation Data And Forecasts (Saudi Arabia 2015-2020)
Table: Total Electricity Generation Data And Forecasts (Saudi Arabia 2021-2026)
Table: Electricity Generating Capacity Data And Forecasts (Saudi Arabia 2015-2020)
Table: Electricity Generating Capacity Data And Forecasts (Saudi Arabia 2021-2026)
Electricity Consumption
Table: Total Electricity Consumption Data And Forecasts (Saudi Arabia 2015-2020)
Table: Total Electricity Consumption Data And Forecasts (Saudi Arabia 2021-2026)
Transmission & Distribution
Table: Electric Power T&D Losses Data And Forecasts (Saudi Arabia 2015-2020)
Table: Electric Power T&D Losses Data And Forecasts (Saudi Arabia 2021-2026)
Table: Trade Data And Forecasts (Saudi Arabia 2015-2020)
Table: Trade Data And Forecasts (Saudi Arabia 2021-2026)
Industry Risk/Reward Index
MENA Industry Risk/Reward Index
Saudi Arabia Power Risk/Reward Index
Market Overview
Key Policies And Market Structure
Regulation And Competition
Sustainable Energy Policies
Saudi Arabia Power Projects Database
Competitive Landscape
Saudi Electricity Company (SEC)
Regional Overview
Glossary
Table: Glossary Of Terms
Methodology
Methodology And Sources
Industry Forecast Methodology
Sources
Power Risk/Reward Index Methodology
Table: Indicators - Explanation and Sources

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