Kuwait Power Report

Published 23 June 2015

  • 52 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
$1,295.00
Kuwait Power Report

BMI View: Recent blackouts across Kuwait have drawn attention to the significant challenges that the Kuwaiti power sector is facing in the years ahead. With power generation struggling t o keep up with growing demand, much greater levels of investment are urgently needed. However, with the sector almost wholly state-owned and operated, and the regulatory and political landscape remaining highly restrictive , attracting major investment will be difficult unless the government presses ahead with significant reform .

Significant changes are on the cards in the Kuwaiti power sector over the coming years, as the government attempts to spur investment into the country's ageing infrastructure. Kuwait's first public-private partnership (PPP) for the construction of the 1.5-gigawatt Al-Zour power and desalination plant has the potential to set a precedent for greater private sector engagement within Kuwait's infrastructure and power industries, which has the potential to lead to an influx of investment.At the same time, the government is attempting to scale back its generous regime of energy subsidies, which have led to overconsumption and waste. Despite the potential, significant roadblocks continue to lie in the way, not least those presented by the emirate's dysfunctional political establishment.

Conventional thermal sources have long been the dominant fuel for energy generation in Kuwait, and despite some government efforts to diversify the sector, oil and gas will remain the dominant energy source over the coming years. Following the Fukushima tragedy in 2011, Kuwait ordered the National Nuclear Energy Committee to be dissolved and officially abandoned its pursuit of nuclear power. However, the country is nevertheless aiming to reduce its domestic oil consumption in an effort to free up additional barrels for export, with many power projects that are planned or under construction set to use gas.

The electricity and water ministry is aiming to more than double...

BMI Industry View
7
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 2019-2024)
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)
13
Table: Electricity Generating Capacity Data And Forecasts (Kuwait 2013-2018)
15
Table: Electricity Generating Capacity Data And Forecasts (Kuwait 2019-2024)
15
Electricity Consumption
19
Table: Total Electricity Consumption Data And Forecasts (Kuwait 2013-2018)
19
Table: Total Electricity Consumption Data And Forecasts (Kuwait 2019-2024)
19
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)
20
Industry Risk/Reward Index
22
MENA Power Risk/Reward Index
22
Table: MENA - Power Risk/Reward Index (Scores Out Of 100)
27
Kuwait Power Risk/Reward Index
28
Rewards
28
Risks
28
Market Overview
30
Key Policies And Market Structure
30
Regulation And Competition
30
Pricing
31
Kuwait Power Projects Database
31
Table: Major Projects - Power
31
Competitive Landscape
33
Regional Overview
35
MEA Power Regional Overview
35
Glossary
45
Table: Glossary Of Terms
45
Methodology
46
Industry Forecast Methodology
46
Sources
49
Risk/Reward Index Methodology
49
Table: Power Risk/Reward Index Indicators
50
Table: Weighting Of Indicators
51

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).

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