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United Arab Emirates Power Report Q4 2017

United Arab Emirates Power Report Q4 2017

BMI View: We continue to hold an upbeat outlook for the UAE power sector as reflected in our new Risk/Reward Index, where the UAE is ranked the most attractive power market globally owing to the wideranging investment opportunities across the nuclear, gas and solar sectors, and in areas such as energyefficiency. We expect the UAE to maintain its focus on expanding its nascent nuclear and solar industries,which will result in these two sectors making a much greater contribution to the electricity capacity andgeneration mix over our forecast period. While solar and nuclear gain traction, the role of natural gas inthe power mix will become less, freeing up gas for export. But we remain sceptical about the ability of thecountry to meet its targets with the expected speed.

Key Trends And Developments

The UAE offers widespread investment opportunities across many segments of its power market,including the nuclear, gas and solar sectors, as well as in the energy efficiency sector. Strong demand forpower - driven by a growing population, water desalination requirements and rising urbanisation - willnecessitate the build-up of power capacity in the country. The UAE is currently developing four nuclearreactors with a cumulative capacity of 5,600MW at the Barakh nuclear power plant and the UAE hasemerged as a global solar power outperformer, due to the cost-competitiveness of the technology and thegovernment's commitment to expanding the solar sector. As such, we expect installed power capacity inUAE to grow by an annual average rate of 4.9% between 2017 and 2026.


BMI Industry View
Table: Headline Power Forecasts (United Arab Emirates 2016-2022)
SWOT
Industry Forecast
United Arab Emirates Snapshot
Table: Country Snapshot: Economic and Demographic Data (United Arab Emirates 2016-2021)
Table: Country Snapshot: Economic and Demographic Data (United Arab Emirates 2021-2026)
Table: Country Snapshot: Power Sector
United Arab Emirates Power Forecast Scenario
Electricity Generation And Power Generating Capacity
Thermal Generation And Thermal Generating Capacity
Nuclear Generation And Nuclear Generating Capacity
Table: Planned UAE Nuclear Power Reactors
Renewables Generation And Generating Capacity
Table: Total Electricity Generation Data And Forecasts (United Arab Emirates 2015-2020)
Table: Total Electricity Generation Data And Forecasts (United Arab Emirates 2021-2026)
Table: Electricity Generating Capacity Data And Forecasts (United Arab Emirates 2015-2020)
Table: Electricity Generating Capacity Data And Forecasts (United Arab Emirates 2021-2026)
Electricity Consumption
Table: Total Electricity Consumption Data And Forecasts (United Arab Emirates 2015-2020)
Table: Total Electricity Consumption Data And Forecasts (United Arab Emirates 2021-2026)
Transmission And Distribution, Imports And Exports
Table: Electric Power T&D Losses Data And Forecasts (United Arab Emirates 2015-2020)
Table: Electric Power T&D Losses Data And Forecasts (United Arab Emirates 2021-2026)
Industry Risk/Reward Index
MENA Industry Risk/Reward Index
Industry Trend Analysis
Market Overview
Key Policies And Market Structure
Regulation And Competition
Sustainable Energy Policies
United Arab Emirates Power Projects Database
Table: United Arab Emirates - Top 10 Power Projects By Capacity
Competitive Landscape
DEWA
ADWEA
TAQA
Company Profile
TAQA
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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