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TMCNet:  Research and Markets: Middle East & North Africa Smart Grid: Market Forecast (2012-2022)

[June 05, 2013]

Research and Markets: Middle East & North Africa Smart Grid: Market Forecast (2012-2022)

DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/3qcm3h/middle_east_and) has announced the addition of the "Middle East & North Africa Smart Grid: Market Forecast (2012-2022)" report to their offering.

The Middle East and North Africa (MENA) region is one of the leading geographies for smart grid development in emerging markets. Within the MENA region, smart grid shows particularly strong potential in the Gulf states, where high incomes, high electricity consumption and small populations will drive smart meter deployments in the medium-term. The technologies used and lessons learned in these deployments will then be diffused throughout the region.

Smart grid in MENA will largely be a state-driven process, owing to government control of nearly all electricity activity throughout the region. This creates both opportunities and challenges for smart grid development. Gulf governments have ample capital on hand and exhibit a strong desire to modernize their countries and their economies. Smart grid offers these countries an excellent opportunity to modernize their infrastructure, lay the foundation for additional energy-saving applications and ultimately diversify their economies away from depndence on oil and gas.

But governments and investors in the Gulf are also wary of the recent upheavals seen throughout the MENA region in the past two years. Support for current governments is built in part on populist policies such as free or nearly free electricity. Some of the benefits of smart meters can only be realized with market or near-market prices for electricity, which governments may be unwilling to implement.

Ultimately, smart grid may prove to be a solution that can bridge the competing interests of Gulf countries. Governments can appeal to international investors by embracing modern technology and infrastructure, while also appealing to their own people through generous spending. This is because smart grid can be a tool to raise money for Gulf governments by reducing domestic demand for oil and gas - both through decreased overall demand and through the incorporation of renewable resources - freeing up more oil and natural gas for export. Additionally, instituting some level of dynamic pricing mechanisms to the domestic electricity market will raise additional funds, while reducing technical and non-technical losses will ease the cost to the government of electricity subsidies.

Key Topics Covered:

1. Introduction

2. MENA smart grid snapshot

3. Regional market forecast

4. United Arab emirates

5. Saudi Arabia

6. Qatar

7. Oman

8. Kuwait

9. Bahrain

10. Beyond the Gulf

11. Vendor activity

12. Conclusion

13. Appendix

Companies Mentioned - Please click the link below for a full list

- ABB (Switzerland)

- ADWEA (UAE)

- Al Mostajed (UAE)

- BPL Global (US)

- Consolidated Gulf Company (Qatar)

- Desertec (US)

- Electricity Holding Company (Oman)

- Electricity and Water Authority (Bahrain)

- Elster (Germany)

- Gulf Investment Corporation (UAE)

- Irbid District Electricity Company (Jordan)

- Kahramaa (Qatar)

- Landis+Gyr (Switzerland)

- Larsen & Toubro's (India)

- Masdar (UAE)

- Mubadala (UAE)

- National Trading Company (Oman)

- SEWA (UAE)

- Siemens (News - Alert) (Germany)

- Sonelgaz (Algeria)

- Suez-Tractebel (Belgium)

- SWCC (Saudi Arabia)

For more information visit http://www.researchandmarkets.com/research/3qcm3h/middle_east_and


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