Middle East to Spend 180 Billion Dollars on New Energy Projects
A
new report by the market researchers Venture Middle East has announced
that the Middle East is due to spend a combined $180 billion on new
water and power projects during the next few years. During this period
the demand for power is expected to increase by 10 percent. Anita
Mathews, director of the Middle East Electricity Exhibition, which took
place in Dubai for focussed consideration of the power, nuclear,
renewable and water sectors, has said that, “According to the World
Energy Council, the GCC will require 100 GW of additional power…Read more...
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