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Saudi Arabia, UAE, Kuwait and Oman have each declared their plans to produce at least 10% of electricity from renewable sources of energy by 2020.
Dallas, Texas (PRWEB) August 20, 2013
There is a newfound interest in renewable energy development for six major Middle Eastern economies. Saudi Arabia, UAE, Kuwait, Qatar, Bahrain and Oman, together known as the GCC (Gulf Cooperation Council), have turned their focus towards the exploitation of renewable sources of energy present in the region says the GCC report while the Middle East renewable energy sector report covers 11 countries from region: Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Oman, Qatar, Jordan, Turkey, Israel, Lebanon and Egypt. All the major economies in Middle East region have started to take the renewable energy way, contrary to their most important possession, non renewable (Hydrocarbons). The world's largest producer of oil and gas is finding it increasingly difficult to suffice its own needs. An unprecedented increase in population and growth in industrial and economic activity has triggered corporate interests in the renewable energy market.
The report “GCC Renewable Energy Sector Opportunity Analysis” ( http://www.marketreportsonline.com/267347.html ) is an intriguing text that gives facts and projected figures about the paradoxical situation arising in the world, with the world's largest oil and gas providers looking at renewable sources to light their own bulbs. The report meticulously takes through each country's electricity and water situation and then its renewable energy efforts along with policies and regulations. It is packed with information and adds a special feature on the GCC interconnection grid that will be fed with power from the renewable sources of energy in the coming years and also gives the potential renewable sources of energy and the future scenario of the GCC region with the latest developments. Saudi Arabia, UAE, Kuwait and Oman have each declared their plans to produce at least 10% of electricity from renewable sources of energy by 2020 and are leaving no stone unturned to secure their future with renewable sources of energy, the report implies. The climatic conditions of the region make air conditioning a must resulting in more than average power consumption as compared to the rest of the world. About 99% of water in these countries comes from desalination, another energy consuming process, working mainly on gas feeds. Water and electricity together are the most energy consuming sectors in the region and some of these countries are the highest per capita consumers of power and water. With depleting oil and gas reserves and export quotas and commitments to fulfill, it is vital for the GCC countries to diversify and look at renewable sources of energy for power and water production. Comprehensive Table of Contents and more for this report are available at http://www.marketreportsonline.com/267347-toc.html .
The "Middle East Renewable Energy Sector Analysis" (http://www.marketreportsonline.com/267359.html ) research report discusses following aspects related to renewable energy development in the 11 countries (Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Oman, Qatar, Jordan, Turkey, Israel, Lebanon and Egypt) of middle east region:
> Current Electricity Generation
> Renewable Energy Resource Mapping
> Renewable Energy Initiatives
> Renewable Energy Targets
> Policy & Regulatory Framework
> Emerging Trends in Renewable Energy Development
> GCC Electricity Grid
The Middle East is one region in the world that requires energy even for drinking water which is produced by desalination of sea water. Growing population means more demand of water requiring more energy. The increasing in house consumption of energy sources has the Middle East worried over the increasing share it has to divert domestically, leaving comparatively lesser for export. Comprehensive Table of Contents and more for this report available are at http://www.marketreportsonline.com/267359-toc.html .
Explore more reports on the renewable energy industry at http://www.marketreportsonline.com/industry/renewable-energy-market-research.html and on overall energy and power markets at http://www.marketreportsonline.com/cat/energy-and-power-supplies-market-research.html .
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