UAE to invest billions in power sector

4 Feb 2002 – UAE Minister of Electricity and Water, His Excellency Humaid Bin Nasser Al Owais yesterday said that the UAE intends to spend many billions of dollars increasing electricity production and upgrading the infrastructure over the next ten years.

Speaking at a regional power conference in Dubai he said that the UAE has ambitious plans to develop its existing power stations and to upgrade their productive capacities. “More than 8000 MW will be added within 10 years,” Al Owais said, adding that demand for electricity in the UAE topped 9200 MW at the end of 2000.

The Minister also said that the study for the country’s national grid would be completed by April. “We hope to put the project out to tender four months later. The cost has been estimated at DHs 650m ($177m).

“After the country has been linked together the UAE grid will become part of the wider GCC power network and then connected to systems in the Levant, Egypt and Turkey,” Al Owais said.

Studies have shown that regional power needs are expected to top 193 000 MW in 2020, of which 116 000 MW will be required for the Arabian Gulf area and 58 000 MW for Saudi Arabia alone.

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