Kuwait Power Report

Providing expert analysis, independent forecasts and competitive intelligence on the power.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, BMI's Petrochemicals Risk Reward Index, Economic Forecasts, Company Profiles and Global, Regional and Country Industry Overviews.

Why you should buy this report

  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position
×

Sign up to download the Kuwait Power Report

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

Thank you for your interest

You will shortly receive your free executive summary by email.

Kuwait Power Report
Product Price
$1,295.00

BMI View : Significant changes are on the cards in the Kuwaiti power sector as the government attempts to spur investment into the country's ageing infrastructure. The government has earmarked USD9.9bn for infrastructure projects including power , and progress is being made on greenfield thermal and renewable projects. The electricity and water ministry is aiming to double generating and desalination capacity by 2017 to cater to growing demand , and an estimated USD2.5bn is expected to be invested over the medium term .

Headline Power Forecasts (Kuwait 2015-2021)
2015e 2016f 2017f 2018f 2019f 2020f 2021f
e/f = BMI estimate/forecast. Source: EIA, UN Data, BMI
Generation, Total, TWh 66.152 72.919 75.582 78.368 81.208 84.018 86.852
Consumption, Net Consumption, TWh 56.9 62.6 65.1 67.8 70.4 73.1 75.8
Capacity, Net, MW 18,107.5 18,403.4 18,830.7 19,261.1 19,692.3 20,122.4 20,507.0

Latest Updates And Structural Trends

  • Driven by continued expansion in oil and gas-fired electricity sources, the country's total net generation is forecast to increase from an estimated 66.2 terawatts (TWh) in 2015 to 99.9TWh in 2025.

  • We forecast gas fired generation to average 7.0% growth per annum over the coming decade, leaving behind oil-fired generation with the average annual expansion rate of 2.3%.

  • Non-hydro renewables generation will continue rising from a low base, but the sector's contribution to the overall country's power mix will remain very limited.

  • In January 2016, the deputy chairman of the state-run energy company Kuwait Petroleum Corporation , Nizar al Adsani, reiterated the government's plans to enact gradual subsidy cuts for energy products during the year.

  • Kuwait's total electricity consumption was estimated at 56.9TWh in 2015 and we expect this figure to continue growing at an average annual pace of 4.2% in the next decade to reach 85.9TWh in 2025.

BMI Industry View
7
Table: Headline Power Forecasts (Kuwait 2014-2020)
8
SWOT
9
Industry Forecast
11
Kuwait Snapshot
11
Table: Country Snapshot: Economic and Demographic Data (Kuwait 2014-2019)
11
Table: Country Snapshot: Economic and Demographic Data (Kuwait 2020-2025)
11
Table: Country Snapshot: Power Sector
11
Kuwait Power Forecast Scenario
12
Electricity Generation And Power Generating Capacity
12
Table: Total Electricity Generation Data And Forecasts (Kuwait 2013-2018)
12
Table: Total Electricity Generation Data And Forecasts (Kuwait 2019-2024)
12
Table: Electricity Generating Capacity Data And Forecasts (Kuwait 2013-2018)
14
Table: Electricity Generating Capacity Data And Forecasts (Kuwait 2019-2024)
14
Electricity Consumption
19
Table: Total Electricity Consumption Data And Forecasts (Kuwait 2013-2018)
19
Table: Total Electricity Consumption Data And Forecasts (Kuwait 2019-2024)
20
Transmission & Distribution
20
Table: Electric Power T&D Losses Data And Forecasts (Kuwait 2013-2018)
20
Table: Electric Power T&D Losses Data And Forecasts (Kuwait 2019-2024)
21
Industry Risk/Reward Index
23
MENA Power Risk/Reward Index
23
Kuwait Power Risk/Reward Index
30
Rewards
30
Risks
30
Market Overview
32
Key Policies And Market Structure
32
Regulation And Competition
32
Pricing
33
Kuwait Power Projects Database
33
Table: Kuwait Power Projects
33
Competitive Landscape
36
Regional Overview
38
MEA Power: Key Regional Themes
38
Glossary
47
Table: Glossary Of Terms
47
Methodology
48
Methodology And Sources
48
Industry Forecast Methodology
48
Sources
51
Risk/Reward Index Methodology
51
Table: Power Risk/Reward Index Indicators
52
Table: Weighting Of Indicators
53

The Kuwait Power Report features BMI Research's market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Kuwait Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits

  • Use BMI's independent industry forecasts for Kuwait to test other views - a key input for successful budgeting and strategic planning in the power market.
  • Target business opportunities and risks Kuwait's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Kuwait.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the power sector and within the broader political, economic and business environment.

BMI’s Power Forecast Scenario

Forecasts to end-2024 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:

  • Generation: Electricity generation total, thermal, coal, natural gas, oil, nuclear, hydropower, hydro-electric pumped storage and non-hydropower renewables.
  • Transmission and Distribution Losses: Electric power transmission and distribution losses.
  • Trade: Total imports and exports.
  • Electricity Consumption: Net consumption.
  • Electricity Capacity: Capacity net, conventional thermal, nuclear, hydropower and non-hydroelectric renewables.

BMI’s Power Risk Reward Index

BMI’s Risk Reward Indices provide investors (power companies, service companies and equity investors) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors,

Market Overview

Structure, size and value of the industry sector; overview of the industry landscape and key players; an assessment of the business operating environment, sustainable energy policies, pricing and the latest regulatory developments.

Key Projects Database

Details and analysis of all current and planned developments (new ventures, capacity expansion and other investments) across the sector broken down by location, sector type, capacity, value, companies and operational status.

Competitive Landscape

Illustration of the power industry that exploits our data-rich, in-depth analysis of the leading players in the sector and examination of operational results, strategic goals, market position and the potential for investment.

Power Outlook long-Term Forecasts

Regional long-term power forecasts covering electricity generation, consumption and capacity for thermal, hydroelectric and nuclear power. These are supported by a country specific  overview, alongside an analysis of key downside risks to the main forecasts.

Regional Overview

Providing BMI’s near-term economic outlook for the region as a whole, as well as taking a close look at countries of particular interest and the latest trends and developments.

Sources

The Power Market Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports, including Energy Information Administration (EIA), World Bank (WB) and United Nations (UN).