Saudi Arabia’s Future Energy Mix: 40% Renewables, 35% Gas and 20% Oil
In 2014 we tendered many projects. Our record is, we submitted 11 tenders between 2013 and 2014, losing only 1 bid. So we enter 2015 with 10 new projects on hand.
Desalination market worth SAR 70 bn over the next 5 years
The figures can be deceiving. You might hear figures like 300 or 400 billion. Desalination is a very tough business that requires a lot of engineering. Even if you have resources, you have what are called ‘technical capacity limitations’ and you need to do an environmental impact study. So there are other factors that dictate the uncontrolled expansion of the desalination market. Several issues need to be taken into consideration including environmental impact, engineering capabilities, the availability of first class EPC contractors etc.
Power Sector in Saudi Arabia Growing by 7.5% per Annum
The power sector is growing rapidly, at the rate of 7.5% per annum, which is not easy to manage. Today, any power plant, that is just developing, will require 2 to 5 years for it to be ready for production. 50% of the population today is under the age of 20.
Investment Opportunities in Power Sector in Malaysia
Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about the investment opportunities in power sector in Malaysia for independent power producers.
Doing Business in Malaysia: Lowest Rates for Electricity for Industry and Commerce
Abdul Razak bin Abdul Majid, Chairman of Energy Commission says that Malaysia offers one of the lowest rates for electricity for commercial and industrial purposes.
Power Sector in Malaysia: 50% of Power Generated by Tenaga Nasional
Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about the structure of the electricity sector.
Renewable Energy in Malaysia to Grow from 10% to 20% by 2030
Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about renewable energy in Malaysia. Renewable power generation stands at 10% including the hydro. The plan of the government is to increase the power generated from renewable energy to 20% by 2030.
Malaysia Experiencing Upward Economic Trend
Malaysia is on the upward economic trend and that is why the electricity consumption grows.
Economic Growth in Malaysia: 3.5% per Annum
Abdul Razak bin Abdul Majid, Chairman of Energy Commission talks about electricity consumption in Malaysia. The power consumption grew at 3.5% per annum.
Energy in Malaysia: Electricity Consumption Growing 3.5% per Annum
Electricity consumption is still linked to economic growth activity in this country. At the moment we are growing at about 3.5% per annum and sometimes that creeps up a bit further depending on the general investment climate and economic development.