REFERENCE CODE GDPE0770ICR | PUBLICATION DATE APRIL 2015
UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND
COMPETITIVE LANDSCAPE
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
Executive Summary
UAE’s Power Sector Outlook
The UAE has one of the most impressive
economies in the Middle East. Largely due to the
economic performance of the constituent states of
Dubai and Sharjah, its Gross Domestic Product
(GDP) increased at a Compound Annual Growth
Rate (CAGR) of XX% from $XX billion in 2000 to
$XX billion in 2014. Electricity consumption
followed suit, growing at a CAGR of XX% during
the same period. Although the region is not highly
industrialized, the rapid growth of the services
industry and vast investment in real estate have
ensured the growth of electricity consumption.
Power Market, UAE, Gross Domestic Product ($bn) and Annual Power Consumption (TWh), 2000–2014
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Ann
ual p
ower
con
sum
ptio
n (T
Wh)
GD
P ($
bn)
GDP (constant prices) Annual power consumption Source: GlobalData; IMF, 2014 TWh: Terawatt hour
Annual power consumption increased from XX
TWh in 2000 to XX TWh in 2014 at a CAGR of
XX% due to growth in both the economy and the
size of the population. Annual electricity generation
increased during the same period from XX TWh in
2000 to XX TWh in 2014 at a CAGR of XX%.
Renewable generation in the UAE is still in its
nascent stages, and so the additional electricity
generation came almost entirely from thermal
sources.
Power Market, UAE, Annual Power Consumption and Generation (TWh), 2000–2014
2000 2007 2014
Ann
ual p
ower
con
sum
ptio
n an
d ge
nera
tion
(TW
h)
Annual power consumption Annual power generation
Source: GlobalData, Power Database [Accessed on March 20, 2015]
In 2014, thermal sources accounted for XX% of
UAE’s total installed capacity, with gas-based
capacity contributing XX% and oil-based thermal
capacity contributing only XX%. The remaining
XX% came from renewable sources, including
solar Photovoltaic (PV), Concentrated Solar Power
(CSP) and onshore wind.
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Table of Contents
UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
1 Table of Contents
1 Table of Contents ....................................................................................................................... 4
1.1 List of Tables ...................................................................................................................... 8
1.2 List of Figures ..................................................................................................................... 9
2 Introduction ............................................................................................................................... 10
2.1 GlobalData Report Guidance ............................................................................................ 11
3 UAE, Power Market, Snapshot ................................................................................................. 12
3.1 UAE, Power Market, Macro-economic Factors .................................................................. 12
3.2 UAE, Power Market, Supply Security ................................................................................ 14
3.3 UAE, Power Market, Opportunities .................................................................................... 15
3.4 UAE, Power Market, Challenges ....................................................................................... 15
4 UAE, Power Market, Market Analysis ....................................................................................... 17
4.1 UAE, Power Market, Supply Structure .............................................................................. 17
4.2 UAE, Power Market, Key Market Players .......................................................................... 18
4.3 UAE, Power Market, Financial Deals ................................................................................ 19
4.3.1 Deal Volume and Value Analysis, 2004–March 2015 .................................................... 19
4.3.2 Deals by Type, 2014 ..................................................................................................... 20
4.4 UAE, Power Market, Demand Structure ............................................................................ 20
4.4.1 Electricity Consumption by Sector, 2014 ....................................................................... 23
5 UAE, Power Market, Regulatory Scenario ................................................................................ 24
5.1 UAE, Power Market, Key Electricity Policies ..................................................................... 24
5.2 UAE, Power Market, Nuclear Energy Policy ...................................................................... 24
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5.3 UAE, Power Market, Renewable Energy Policies .............................................................. 26
6 UAE, Power Market, Capacity and Generation Overview .......................................................... 28
6.1 UAE, Power Market, Cumulative Installed Capacity by Fuel Type, 2014 ........................... 28
6.2 UAE, Power Market, Cumulative Installed Capacity and Annual Power Generation, 2000–
2025 .................................................................................................................................. 29
6.2.1 Cumulative Installed Thermal Capacity and Annual Thermal Power Generation, 2000–
2025 ............................................................................................................................. 32
6.2.2 Cumulative Installed Nuclear Capacity and Annual Nuclear Power Generation, 2000–
2025 ............................................................................................................................. 36
6.2.3 Cumulative Installed Renewable Capacity and Annual Renewable Power Generation,
2000–2025 ................................................................................................................... 39
7 UAE, Power Market, Transmission and Distribution Overview .................................................. 42
7.1 UAE, Power Market, Transmission Overview .................................................................... 42
7.1.1 Upcoming Projects ........................................................................................................ 44
7.2 UAE, Power Market, Distribution Overview ....................................................................... 44
7.3 UAE, Power Market, Grid Interconnection ......................................................................... 45
7.3.1 Electricity Import and Export Trends, 2000–2013 .......................................................... 46
7.4 UAE, Power Market, Electricity Trading............................................................................. 46
8 The UAE, Power Market, Competitive Landscape: Snapshot of Leading Power Generating
Companies ............................................................................................................................... 47
8.1 Key Company in the UAE Power Market: Abu Dhabi Water & Electricity Authority ............ 47
8.1.1 Company Overview ....................................................................................................... 47
8.1.2 Business Description ..................................................................................................... 47
8.1.3 SWOT Overview ........................................................................................................... 48
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8.2 Key Company in the UAE Power Market: Dubai Electricity and Water Authority ............... 51
8.2.1 Company Overview ....................................................................................................... 51
8.2.2 Business Description ..................................................................................................... 51
8.2.3 SWOT Overview ........................................................................................................... 52
8.3 Key Company in the UAE Power Market: Sharjah Electricity & Water Authority ................ 56
8.3.1 Company Overview ....................................................................................................... 56
8.3.2 Business Description ..................................................................................................... 56
8.3.3 SWOT Overview ........................................................................................................... 57
8.4 Key Company in the UAE Power Market: Federal Electricity & Water Authority ................ 60
8.4.1 Company Overview ....................................................................................................... 60
8.4.2 Business Description ..................................................................................................... 60
8.4.3 SWOT Overview ........................................................................................................... 61
9 Appendix................................................................................................................................... 64
9.1 Market Definitions ............................................................................................................. 64
9.1.1 Power ............................................................................................................................ 64
9.1.2 Installed Capacity .......................................................................................................... 64
9.1.3 Electricity Generation .................................................................................................... 64
9.1.4 Electricity Consumption ................................................................................................. 64
9.1.5 Thermal Power Plant ..................................................................................................... 64
9.1.6 Hydropower Plant .......................................................................................................... 64
9.1.7 Nuclear Power............................................................................................................... 64
9.1.8 Renewable Energy Resources ...................................................................................... 65
9.2 Abbreviations .................................................................................................................... 66
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
9.3 Bibliography ...................................................................................................................... 67
9.4 GlobalData’s Methodology ................................................................................................ 67
9.4.1 Coverage ...................................................................................................................... 68
9.4.2 Secondary Research and Analysis ................................................................................ 68
9.4.3 Primary Research and Analysis..................................................................................... 69
9.5 Disclaimer ......................................................................................................................... 69
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
1.1 List of Tables
Table 1: Power Market, UAE, Gross Domestic Product ($bn), Population (million) and Annual Power
Consumption (TWh), 2000–2019 ................................................................................................. 14
Table 2: Power Market, UAE, Market Share of Power Generation Companies (%), 2014 ........................... 18
Table 3: Power Market, UAE, Deal Value ($bn) and Number of Deals, 2004–March 2015 ......................... 20
Table 4: Power Market, UAE, Annual Power Consumption (TWh), 2000–2025 .......................................... 22
Table 5: Power Market, UAE, Electricity Consumption by Sector (%), 2014 ............................................... 23
Table 6: Power Market, UAE, Cumulative Installed Capacity by Fuel Type (%), 2014 ................................ 28
Table 7: Power Market, UAE, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 .................................................................................................................................. 31
Table 8: Power Market, UAE, Leading Thermal Power Plants, 2015 .......................................................... 33
Table 9: Power Market, UAE, Cumulative Installed Thermal Power Capacity (GW) and Annual Thermal
Power Generation (TWh), 2000–2025 ......................................................................................... 35
Table 10: Power Market, UAE, Upcoming Nuclear Power Units, 2015–2020 ............................................... 36
Table 11: Power Market, UAE, Cumulative Installed Nuclear Power Capacity (GW) and Annual Nuclear
Power Generation (TWh), 2000–2025 ......................................................................................... 38
Table 12: Power Market, UAE, Cumulative Installed Renewable Power Capacity and Annual Renewable
Power Generation, 2000–2025 .................................................................................................... 41
Table 13: Power Market, UAE, Transmission Line Length (Ckm), 2000–2020 ............................................. 43
Table 14: Power Market, UAE, Upcoming Transmission Line Projects, 2015–2020 ..................................... 44
Table 15: Power Market, UAE, Distribution Line Length (Ckm), 2000–2020 ................................................. 45
Table 16: Power Market, UAE, Abu Dhabi Water and Electricity Authority, SWOT Profile, 2014 .................. 49
Table 17: Power Market, UAE, Dubai Electricity and Water Authority, SWOT Profile, 2014.......................... 52
Table 18: Power Market, UAE, Sharjah Electricity & Water Authority, SWOT Profile, 2014 .......................... 57
Table 19: Power Market, UAE, Federal Electricity & Water Authority, SWOT Profile, 2014 .......................... 61
Table 20: Abbreviations .............................................................................................................................. 66
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
1.2 List of Figures
Figure 1: Power Market, UAE, Gross Domestic Product ($bn), Population (million), and Annual Power
Consumption (TWh), 2000–2019 ................................................................................................. 13
Figure 2: Power Market, UAE, Market Share of Power Generation Companies (%), 2014 ........................... 18
Figure 3: Power Market, UAE, Deal Value ($bn) and Number of Deals, 2004–March 2015 ......................... 19
Figure 4: Power Market, UAE, Annual Power Consumption (TWh), 2000–2025 .......................................... 21
Figure 5: Power Market, UAE, Electricity Consumption by Sector (%), 2014 ............................................... 23
Figure 6: Power Market, UAE, Cumulative Installed Capacity by Fuel Type (%), 2014 ................................ 28
Figure 7: Power Market, UAE, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 .................................................................................................................................. 30
Figure 8: Power Market, UAE, Cumulative Installed Thermal Power Capacity (GW) and Annual Thermal
Power Generation (TWh), 2000–2025 ......................................................................................... 34
Figure 9: Power Market, UAE, Cumulative Installed Nuclear Power Capacity (GW) and Annual Nuclear
Power Generation (TWh), 2000–2025 ......................................................................................... 37
Figure 10: Power Market, UAE, Cumulative Installed Renewable Power Capacity (GW) and Annual
Renewable Power Generation (TWh), 2000–2025 ....................................................................... 40
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
Introduction
2 Introduction
The UAE, a federation of seven emirates in the Arabian Peninsula: Abu Dhabi, Ajman, Dubai,
Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain, is one of the biggest exporters of oil in
the world and plays a major role in the Organization of the Petroleum Exporting Countries (OPEC).
It is currently on a high growth trajectory due to substantial oil and gas reserves and is one of the
most prosperous countries in the Middle East.
The UAE has an open economy with a high per-capita income and a sizable annual trade surplus.
Predominantly an oil-dependent nation, it is trying to diversify its power mix by putting greater
emphasis on the development of renewable and nuclear energy. The UAE has undergone robust
industrialization over the past few years, making practical and effective use of its substantial natural
resources. Private sector participation is increasing significantly, and government agencies are
creating better job opportunities. The UAE’s Free Trade Zones, which offer XX% foreign ownership
and zero taxes, are also providing a major boost to economic development.
In April 2004, the UAE signed a Trade and Investment Framework Agreement with Washington
and in November 2004 entered negotiations with the US for a Free Trade Agreement (FTA).
However, there has been no advancement in the FTA, mainly due to concerns over the UAE’s
labor laws and human rights record.
The UAE’s Gross Domestic Product (GDP) amounted to $XX billion in 2014, with a growth rate of
XX% over 2013 (IMF, 2014). The main driver of the economy is revenue from its oil sector, which
helped the economy to grow greatly between 2000 and 2008 until the financial crisis in 2009. This
global crisis, which resulted in tight international credit and deflated asset prices, resulted in a
negative estimated GDP growth rate of XX% in 2009.
The industrial sector accounted for an estimated share of XX% of overall GDP in 2013, with the
services sector accounting for XX%. The agricultural sector accounted for a minimal share of less
than XX% (CIA, 2014).
Rapid growth in the economy and in the size of the population has allowed electricity consumption
to grow phenomenally. Total power consumption in 2000 was XX Terawatt hours (TWh), which
increased to XX TWh in 2014 at a Compound Annual Growth Rate (CAGR) of XX%.
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
Introduction
The Federal Electricity and Water Authority (FEWA), Abu Dhabi Water and Electricity Authority
(ADWEA), Dubai Electricity and Water Authority (DEWA), and Sharjah Electricity and Water
Authority (SEWA), all of which operate under the Ministry of Energy, are responsible for the overall
generation, transmission and distribution of energy in their respective emirates. The Regulation and
Supervision Bureau (RSB) is an independent regulatory authority responsible for all activities
related to the power sector in Abu Dhabi.
2.1 GlobalData Report Guidance
The executive summary captures the key growth trends in the UAE’s power market.
Chapter three provides a snapshot of the key parameters that impact the UAE’s power sector,
as well as key points about the power market.
Chapter four provides an analysis of the UAE’s power market.
Chapter five details the regulatory scenario of the power market and the inward foreign
investment scenario in the UAE.
Chapter six provides information on the UAE’s cumulative installed capacity and annual
generation trends by individual generation source.
Chapter seven describes the power transmission and distribution infrastructure in the UAE and
provides information on interconnectors with neighboring countries. The section also covers
electricity imports and exports and upcoming grid-related projects.
Note: All 2014 market numbers provided in the report are estimates, except where actual data
were available.
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
UAE, Power Market, Market Analysis
4.4.1 Electricity Consumption by Sector, 2014
The residential sector is the largest consumer of electricity in the UAE. Its share in the total
electricity consumption is increasing, bolstered by the realty boom in Dubai and the rising affluence
of its citizens. The residential sector accounted for an estimated XX% of total electricity
consumption in 2014, followed immediately by the commercial sector, which accounted for an
estimated XX% and the industrial sector with XX%. Other sectors, including government offices
and other public utilities, are estimated to have accounted for the remaining XX%.
Figure 5: Power Market, UAE, Electricity Consumption by Sector (%), 2014
Residential
Commercial
Industrial
Other
Source: GlobalData
Table 5: Power Market, UAE, Electricity Consumption by Sector (%), 2014 Sector Share
Residential
Commercial
Industrial
Others
Source: GlobalData
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
UAE, Power Market, Capacity and Generation Overview
6.2 UAE, Power Market, Cumulative Installed Capacity and Annual Power Generation, 2000–2025
In 2000, the UAE’s cumulative installed capacity stood at XX GW, which increased to XX GW by
2014 at a CAGR of XX%. Thermal sources, including gas and oil, accounted for more than XX% of
capacity in 2014.
Installed capacity is expected to increase at a CAGR of XX% in the 2015–2025 forecast period.
Thermal fuel sources will remain the highest contributors in 2025, despite their relative share in the
total power mix being expected to decline to XX% by then.
Renewable energy sources are expected to witness the highest CAGR growth, at XX%, during the
forecast period. A shift in government focus towards renewable sources due to growing
environmental concerns has resulted in the scale-up of solar and wind projects.
Nuclear energy projects are expected to contribute to the total energy mix in the near future, and
the first XX GW nuclear power plant will come online by 2017. By 2020, XX GW of nuclear power
plants will be set up in the UAE. The government is expected to provide further impetus to the
development of nuclear energy projects in the future.
Total electricity generation in the UAE increased from XX TWh in 2000 to XX TWh in 2014,
recording a CAGR of XX%. With expected high demand due to robust industrialization and high
residential electricity demand, power generation is expected to increase during the forecast period
at a CAGR of XX% to XX TWh by 2025. Thermal fuel sources are expected to dominate the power
generation mix with XX% (126 TWh) in 2025. Nuclear energy is expected to account for XX% of
total generation in the UAE by 2025. The renewable energy sector is expected to register a sharp
increase at a CAGR of XX% during the forecast period, reaching an estimated generation of XX
TWh by 2025.
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
UAE, Power Market, Capacity and Generation Overview
Figure 7: Power Market, UAE, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh), 2000–2025
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Ann
ual p
ower
gen
erat
ion
(TW
h)
Cum
ulat
ive
inst
alle
d ca
paci
ty (G
W)
Cumulative installed capacity Annual power generation
Source: GlobalData, Power Database [Accessed on March 19, 2015]
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UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
UAE, Power Market, Capacity and Generation Overview
Table 7: Power Market, UAE, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh), 2000–2025
Year Cumulative installed capacity Annual power generation
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Source: GlobalData, Power Database [Accessed on March 19, 2015]
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Appendix
UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
9 Appendix
9.1 Market Definitions
9.1.1 Power
Power refers to the rate of production, transfer or energy use, usually related to electricity. It is
measured in Watts (W) and often expressed in kilowatts (kW) or Megawatts (MW). It is also known
as real power or active power.
9.1.2 Installed Capacity
Installed capacity refers to either the generator’s nameplate capacity, as stated by the
manufacturer, or the maximum rated output of a generator under given conditions. It is given in
Megawatts (MW) on a nameplate affixed to the generator.
9.1.3 Electricity Generation
Electricity generation refers to the process of generating electricity from other forms of energy. It
also refers to the amount of electricity produced. It is expressed in Gigawatt hours (GWh).
9.1.4 Electricity Consumption
Electricity consumption is the sum of electricity generated, plus imports, minus exports and
transmission and distribution losses. It is measured in Gigawatt hours (GWh).
9.1.5 Thermal Power Plant
A thermal power plant is a plant in which turbine generators are driven by burning fossil fuels.
9.1.6 Hydropower Plant
A hydropower plant is a plant in which the turbine generators are driven by falling water.
9.1.7 Nuclear Power
Nuclear power is the energy released from the fission of nuclear fuel in a reactor.
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Appendix
UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
9.1.8 Renewable Energy Resources
Renewable energy resources are those that provide energy that is naturally replenished but limited
in the amount of energy available per unit of time. Biomass, geothermal, solar, small hydro and
wind are examples of renewable resources.
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Appendix
UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
9.2 Abbreviations
Table 20: Abbreviations AADC Al Ain Distribution Company
ADDC Abu Dhabi Distribution Company
ADWEA Abu Dhabi Water and Electricity Authority
CAGR Compound Annual Growth Rate
CCGT Combined-Cycle Gas Turbine
Ckm Circuit kilometer
Cogen Cogeneration
CSP Concentrated Solar Power
DEWA Dubai Electricity and Water Authority
DSCE Dubai Supreme Council of Energy
ENEC Emirates Nuclear Energy Corporation
ENG Emirates National Grid
FANR Federal Authority for Nuclear Regulation
FEWA Federal Electricity and Water Authority
FTA Free Trade Agreement
GCC Gulf Co-operation Council
GDP Gross Domestic Product
GW Gigawatt
GWh Gigawatt hour
IAEA International Atomic Energy Agency
KEPCO Korean Electric Power Corporation
kV kilovolt
MW Megawatt
OPEC Organization of the Petroleum Exporting Countries
PV Photovoltaic
RSB Regulation and Supervision Bureau
SEWA Sharjah Electricity and Water Authority
TAQA Abu Dhabi National Energy Company
TRANSCO Abu Dhabi Transmission and Despatch Company
TWh Terawatt hour
WENRA Western European Nuclear Regulators Association
Source: GlobalData
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Appendix
UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
9.3 Bibliography
AUPTDE (2010). Statistical Bulletin 2010 Issue 19. Arab Union of Electricity, 2010. Available
from: http://www.auptde.org/Article_Files/555.pdf
AUPTDE (2011). Statistical Bulletin 2011 Issue 20. Arab Union of Electricity, 2011. Available
from: http://www.auptde.org/Article_Files/2011.pdf
AUPTDE (2013). Statistical Bulletin 2013 Issue 22. Arab Union of Electricity, 2013. Available
from: http://www.auptde.org/Article_Files/2013.pdf
CIA (2014). United Arab Emirates: The World Factbook. Central Intelligence Agency. Available
from: https://www.cia.gov/library/publications/the-world-factbook/geos/ae.html [Accessed on
March 18, 2015]
IMF (2014). World Economic Outlook Database, October 2014 [database]. Available at:
http://www.imf.org/external/pubs/ft/weo/2014/02/weodata/index.aspx [Accessed on March 18,
2015]
WNA (2014). Nuclear Power in the United Arab Emirates. World Nuclear Association, January
2014. Available from: http://www.world-nuclear.org/info/Country-Profiles/Countries-T-Z/United-
Arab-Emirates/ [Accessed on March 19, 2015]
9.4 GlobalData’s Methodology
GlobalData’s dedicated research and analysis teams consist of experienced professionals with
advanced statistical expertise and marketing, market research and consulting backgrounds in the
energy industry.
GlobalData adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and
Strategic and Competitive Intelligence Professionals (www.scip.org).
All of GlobalData’s databases are continuously updated and revised. The following methodology
has been followed for the collection and analysis of the data presented in this report.
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Appendix
UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
9.4.1 Coverage
This report covers the UAE’s power market. It examines the market structure and provides
historical and forecast data for generation, capacity and consumption up to 2030. It also looks at
the market’s regulatory structure, import and export trends, competitive landscape, and leading
active and upcoming power projects.
9.4.2 Secondary Research and Analysis
The capacity, generation and consumption data is collected and validated using a number of
secondary resources, including, but not limited to:
Government agencies, ministerial websites, industry associations, the World Bank and
statistical databases
Company websites, annual reports, financial reports, broker reports and investor presentations
Industry trade journals, market reports and other literature
GlobalData’s proprietary databases such as the Capacity and Generation Database, Power
Plant Database and Transmission and Distribution Database
Further to this, the following secondary information is collected and analyzed to project the UAE’s
power market scenario to 2030, analyzing factors such as:
Macro-economic scenario
Government regulations, policies and targets
Government and private sector investment
Contract and deal announcements
Utility expansion plans
The sector’s historical track record
Other qualitative insights built through secondary research and analysis of company websites,
annual reports, investor presentations, industry and trade journals, and data from industry
associations.
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Appendix
UAE POWER MARKET OUTLOOK TO 2025, UPDATE 2015 – MARKET TRENDS, REGULATIONS, AND COMPETITIVE LANDSCAPE
9.4.3 Primary Research and Analysis
Secondary research is further complemented through primary interviews with industry participants
to verify the market numbers obtained through secondary research and obtain first-hand
information on industry trends.
The participants are drawn from a diverse set of backgrounds, including equipment manufacturers,
industry associations, government bodies, utilities, distributors, and academia. The participants
include but are not limited to C-level executives, industry consultants, academic experts, business
development and sales managers, purchasing managers, plant managers, government officials
and industry spokespeople.
9.5 Disclaimer
All Rights Reserved.
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any
form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior
permission of the publisher, GlobalData.
This report is a licensed product and should not to be reproduced without prior permission.