Rising Renewable Energy Projects Propelling Power Demand in ME Region

Increased demand for power in the Middle-East region is leading to increased usage of renewables, says RNCOS.

Noida, India (prHWY.com) April 19, 2012 - A new research report by RNCOS, "Middle East Power Sector Analysis", says that most of the Middle-East countries are looking for maximum utilization of renewable energy sources as they have experienced a huge energy demand over the last decade. Although the Middle-East countries consume nearly as much energy as either China or the US, the rapid energy requirement change indicates that these nations should look for other sources to maintain their exports.

Our report highlights that the Middle-East countries are pertinent towards meeting their own growing demand for energy in the future. However, the energy producers in the region are also targeting to become the world's leading producer and exporter of renewable energy. It has been anticipated that up to half of the Middle East's required energy will arrive from renewable sources by 2050, and solar energy is expected to constitute a large percentage of it. For instance, Qatar has plans for a US$ 1 Billion solar project. Solar power has fast emerged as an alternative energy source across the region, and many Middle-East countries are developing solar power plant to harness sun's energy.

Our report is an outcome of extensive research and objective analysis of the Middle East power industry, mainly focusing on potential regional markets. It provides country-level reliable statistics and analysis on electricity installed capacity, and consumption trends. A separate GCC grid interconnection analysis along with a country-level renewable development facilitates an all-round market understanding. In addition, our research has also identified key players in the market and included their detail business description along with their recent developments. Thus, our report presents the most unbiased picture of the industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM254.htm

Some of our Related Reports are:

- Indian Power Sector Analysis (http://www.rncos.com/Report/IM114.htm)
- Global Photovoltaic Market Forecast to 2013 (http://www.rncos.com/Report/IM203.htm)
- US Photovoltaic Market Analysis (http://www.rncos.com/Report/IM270.htm)
- German Photovoltaic Market Analysis (http://www.rncos.com/Report/IM281.htm)

Check Related REPORTS on: http://www.rncos.com/energyutility.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: middle east power

Categories: Energy

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