SAUDI GAZETTE – Saudi Arabia will account for 16.04 percent of Middle East and Africa (MEA) regional power generation by 2014, with a growing theoretical supply surplus if there is sufficient additional investment in capacity, Business Monitor International (BMI) said in its latest “Saudi Arabia Power Report” released o Tuesday.BMI’s MEA power generation estimate for 2009 is 1,225 terawatt hours (TWh), representing an increase of 1.9 percent over the previous year. “We are forecasting an increase in regional generation to 1,572TWh by 2014, representing a rise of 23.2 percent between 2010 and the end of the period,” the report noted. Read More
