Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, February 21, 2012

Middle East to Spend 180 Billion Dollars on New Energy Projects

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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