Industry News

  • Temporary Power: A Long-Term Solution in Dubai When the power went down at the Dubai Mall in April 2017, people took notice. After this power outage, Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum ordered that all real estate developers and companies must install backup power generators into all major buildings and landmarks such as touristic, commercial and cultural buildings in Dubai.
  • Gas Power Generation Meets Growing Demand in the Middle East Natural gas in the Middle East is often overshadowed by the region’s dominant energy source: oil. The Middle East will be the second-largest gas consuming region by 2020. Beyond that, demand in the region is expected to grow by more than the entire gas demand of the Organization for Economic Co-operation and Development (OECD) states by 2035.
  • GCC's Path to Energy Diversification The GCC is making a progressive shift toward a diversified energy future that includes alternative energy and renewables. This new path toward a varied energy supply will allow the fossil fuel–rich countries to become less reliant on oil and less vulnerable to changing global commodity markets.
  • Energy Technologies and Driving Innovation in 2018 Over the last few years the development of renewables has been a quickly advancing area of the energy industry. Renewables, especially solar power, will continue to thrive as manufacturing costs continue to fall. As more companies and countries consider renewable energy as a supply option, the technological advances allow for this to be achievable.
  • GCC Needs US $131 Billion In Power Investment Over Next Five Years, States Power Show Report A new report from Middle East Electricity (MEE), the region’s leading annual international trade event for the power industry, states the GCC requires a combined US $131 billion worth of investment in electricity generation, transmission and distribution over the next five years to cope with increasing demand from growing populations, expanding economies and climatic changes.
  • How to Forecast Energy Demand Global energy demand is expected to increase by 28 percent between 2015 and 2040, according to the U.S. Energy Information Administration’s International Energy Outlook 2017 report. This type of energy demand forecasting is a relatively new area of mathematics. Policymakers became interested in understanding the nature of consumer demand and energy needs after the first oil shortage in the 1970s. Since that time, methodologies have been developed that help guide energy decision-making around the world.
  • Energy Policy, Reforms and Incentives The Gulf Cooperation Council (GCC) is looking to change their economic development model and build a strong framework to foster public-private partnerships (PPP) in the energy industry. This move will help the region deliver key energy infrastructure projects quickly without having the burden of large upfront capital spending.

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