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GCC Renewable Energy Industry Forecast 2018-2022

  • ID: 4616181
  • Report
  • Region: GCC, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates
  • 17 Pages
  • Association for Borderless Renewables
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The Renewable Energy Market in the GCC Reached USD 2.1 Billion in 2018 and is Expected to be Valued at USD 25 Billion by the Year 2022

Summary

The opulence and suitability of resource accompanied by rapidly falling technology costs are main driving factors for the renewable energy business in the GCC. Lack of dedicated policies and regulations and subsidized fuel prices are slowing the utilisation of potential renewables resources down. Government initiatives, such as an established independent power plant (IPP) models should foster a private investment in the sector.

Outlook

Renewable energy has been the fastest-growing energy sector in the GCC for several years now. It reached USD 2.1 billion dollars in 2018 and is expected to be valued at USD 25 billion in the year 2022.

Solar projects account for 71 per cent of all renewable energy projects in the GCC. 210 GW of additional power generation is planned to be achieved from solar energy in the GCC – less than 0.5 per cent of solar potential in the Gulf.

Note: Product cover images may vary from those shown
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  • Graphs
  • Summary
  • GCC Renewable Energy Plans and Targets
  • GCC Renewable Energy Industry Forecast
  • UAE Renewable Energy Industry Forecast
  • Saudi Arabia Renewable Energy Industry Forecast
  • Kuwait Renewable Energy Industry Forecast
  • Qatar Renewable Energy Industry Forecast
  • Bahrain Renewable Energy Industry Forecast
  • Oman Renewable Energy Industry Forecast
  • GCC Renewable Energy Contractors by Market Share

List of Figures

  • Graph 1 - GCC Total Projects Value by Year, 2018-2022 (USD)
  • Graph 2 - GCC Total Projects Value by Year by Country, 2018-2022 (USD)
  • Graph 3 - GCC Renewable Energy Projects by Project Status (GW)
  • Graph 4 - GCC Renewable Energy: All Projects Vs. Solar Projects (MW)
  • Graph 5 - GCC Renewable Energy Forecast by Sector (USD)
  • Graph 6 - UAE Total Project Value by Year 2018-2022 (USD)
  • Graph 7 - UAE Projects Value by Year by Project Status 2018-2022 (USD)
  • Graph 8 - UAE Planned Projects by Sector (USD)
  • Graph 9 - KSA Total Project Value by Year 2018-2022 (USD)
  • Graph 10 - KSA Planned Projects Value by Sector (USD)
  • Graph 11 - KSA Total Project Value by Year by Project Stage 2018-2022 (USD)
  • Graph 12 - Kuwait Total Project Value by Year 2018-2022 (USD)
  • Graph 13 - Kuwait Planned Projects Value by Sector (USD)
  • Graph 14 - Qatar Total Project Value by Year 2018-2022 (USD)
  • Graph 15 - Qatar Total Project Value by Year by Project Status 2018-2022 (USD)
  • Graph 16 - Qatar Planned Projects Value by Sector (USD)
  • Graph 17 - Bahrain Total Project Value by Year 2018-2022 (USD)
  • Graph 18 - Bahrain Total Project Value by Sector (USD)
  • Graph 19 - Oman Total Project Value by Year 2018-2022 (USD)
  • Graph 20 - Oman Total Project Value by Sector (USD)
  • Graph 21 - GCC Renewable Energy Contractors by Market Share
Note: Product cover images may vary from those shown
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