Middle East explores use of alternative and renewable
energies
04-12-07
Countries in the Middle East are actively exploring the use of
alternative and renewable energy resources including coal, nuclear, solar,
wind and hydrogen in a bid to meet rising power demands according to an
industry expert.
"The vast majority of power generation projects in the Arabian Gulf are for
power stations using conventional gas for their energy source, but the
region is struggling to find enough suitable gas to meet future power
demands and the first signs are beginning to emerge of major investment in
the region into alternatives," stated David Weaver, group CEO of UK-based
engineering, safety and risk management firm ESR Technology.
There are currently 114 active power generation projects in the Gulf
Co-operation Council countries of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia
and the UAE worth a combined total of more than $ 160 bn.
"The UAE is leading the way in looking seriously at alternative energy
sources," said Weaver. "One of the major areas of study is nuclear. A
nuclear programme study is to be carried out on behalf of Abu Dhabi's
Mubadala Development Company and is said to have a budget of $ 4 bn," Weaver
added. "This project is not connected to the GCC's nuclear programme with
the General Secretariat of the GCC budgeting $ 10 bn for the design, supply,
build and operation of a nuclear plant for power generation and water
desalination in a country yet to be chosen."
"There is also considerable new activity beginning in the renewable energy
field, principally in the UAE," he added, citing the design study being
carried out for a $ 500 mm solar power plant for the Abu Dhabi Future Energy
Company Masdar. A further project under study in Abu Dhabi, reported Weaver,
is the possibility of building a hydrogen-fired power plant.
Meanwhile, a study is being carried out for Dubai Electricity and Water
Authority (DEWA) for a $ 1 bn wind farm project to supply up to 10 % of the
city's power needs.
Source: www.arabianbusiness.com |