UAE power consumption to more than double by 2020:study
- United Arab Emirates: Tuesday, January 15 - 2013 at 06:20
According to a report by Kuwait Financial Centre (Markaz), power consumption in the UAE is estimated to more-than-double by 2020, with the government foreseeing an investment of $25bn in power generation over the next eight years to keep up with demand, Khaleej Times has reported. The country's power consumption is seen to rise from the existing 87TWh (terawatt-hour) to 180TWh in 2020, as the country's power sector rises in tandem with economic growth achieved over the last decade, the report said. Growing at 8.5% annually overall, much of the growth comes from Abu Dhabi as the UAE capital expects power demand to grow by 11% annually until 2015, while Dubai expects 3.5% growth over the next decade and 2.5% from 2020-2030, Markaz said.
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