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According to the Middle East Market and Consumer Data Research Institute, energy demand in the MENA region of the Middle East and North Africa will grow at an average annual rate of 3.
35% over the next 15 years, as it is estimated that the region's population will grow by 20% to reach 581 million by 2030 and 724 million
by 2050.
Middle East Energy will be held on the 17th of this month for 4 weeks
.
At that time, the future energy needs of the MENA region will be interpreted
in more detail.
Claudia Konieczna, Director of Middle East Energy, said: "In regions with uneven energy resources such as the Middle East, increased energy system integration will promote broader market integration and drive sustainable development
.
The latest example of increased integration of energy supply is the accelerated pace of establishing a pan-Arab electricity market in response to the coronavirus pandemic, aiming to transform the Middle East's power sector by increasing electricity trading from 2% to 40% by 2035, and the integrated market also offers significant opportunities
for renewable energy and private investment in regional electricity supply.
According to the Middle East Market and Consumer Data Research Institute, energy demand in the MENA region of the Middle East and North Africa will grow at an average annual rate of 3.
35% over the next 15 years, as it is estimated that the region's population will grow by 20% to reach 581 million by 2030 and 724 million
by 2050.
Middle East Energy will be held on the 17th of this month for 4 weeks
.
At that time, the future energy needs of the MENA region will be interpreted
in more detail.
Claudia Konieczna, Director of Middle East Energy, said: "In regions with uneven energy resources such as the Middle East, increased energy system integration will promote broader market integration and drive sustainable development
.
The latest example of increased integration of energy supply is the accelerated pace of establishing a pan-Arab electricity market in response to the coronavirus pandemic, aiming to transform the Middle East's power sector by increasing electricity trading from 2% to 40% by 2035, and the integrated market also offers significant opportunities
for renewable energy and private investment in regional electricity supply.
