Saudi Arabia electricity generation to increase 79.4% between 2009 and 2019
- Saudi Arabia: Monday, May 03 - 2010 at 13:25
- PRESS RELEASE
Saudi Arabia's electricity generation is expected to increase by an estimated 79.4% between 2009 and 2019, while total investment is forecast to reach $80bn for both electricity generation and distribution, according to the new Saudi Arabia Power Report from BMI. The report further noted that by 2014, Saudi Arabia will account for a sizeable 17.18% of power generation in the Middle East and Africa, as the MEA region expects to generate up to 1,659 terawatt hours by 2014, increasing by 31.3% from 2009.
Khaled Daou, Project Manager of Saudi Elenex at Riyadh Exhibitions Company, said: "Saudi Arabia's steadily growing population and increasing industrialisation have been pushing the country's electricity requirements, while increasing the demand for more efficient and advanced electricity generation and distribution solutions. In this regard, we are organising Saudi Elenex 2010 to provide a convenient and highly accessible platform for local, regional and global investors to facilitate multi-billion-dollar projects and discuss long-term business deals in Saudi Arabia."
Saudi Elenex 2010 will present a complete range of electricity generation and distribution solutions and will be held concurrently with "Saudi Elenex 2010 - The 10th International Lighting Equipment Show", "SAUDI AIRCON 2010 - The 11th International Exhibition on Air-Conditioning, Heating, Ventilation & Refrigeration" and SAUDI WATER TECHNOLOGY 2010 The 8th International Exhibition for Water Technology, Desalination Plants and Accessories Show.
"With the integration of Saudi Elenex 2010, SAUDI AIRCON 2010 and SAUDI WATER TECHNOLOGY 2010, we are looking forward to offering a genuinely comprehensive networking activity that caters to all niche markets. Exhibitors and trade visitors can certainly expect greater business value and more networking opportunities with the combination of three high-profile exhibitions under one roof," added Daou.
There are currently more than 4,000 projects collectively worth billions of dollars in Saudi Arabia, covering diverse areas such as electrical, HVAC, lighting equipment and technology. The large-scale projects being undertaken all over the country have helped generate interest from global suppliers to showcase and offer their latest technologies, products and services at Saudi Elenex 2010 and the collocated exhibitions.
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