Utilities
From The Report: Oman 2020
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As the sultanate looks to manage its energy transition and inject capital into the fiscal balance, privatisation, sector reorganisation and renewable energy are key topics on the agenda for Oman’s utilities sector. Reducing reliance on natural gas is a top priority, with a number of large-scale projects using solar energy helping the country achieve its goal of 10% renewable energy on the grid by 2025. As several large-scale power and water projects are on the horizon, the utilities sector’s short-term outlook is promising. The shift from conventional to renewable sources is deemed a positive move, yet as the power segment approaches capacity, the water segment is looked to as having more long-term growth potential.

Articles from this Chapter

Overview

The sector’s ongoing privatisation and reorganisation presents: new opportunities, especially in the renewables segment Change ahead
OBG
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As the sultanate looks to manage its energy transition and inject capital into its fiscal balance, privatisation, sector reorganisation and renewable energy are key topics on the agenda for Oman’s utilities sector. Reducing reliance on natural gas is a top priority, with a number of large-scale projects using solar energy helping the country achieve its goal of 30% renewable energy on the grid by 2030. As several large-scale power and water projects are on the horizon, the utilities sector’s…

Analysis

A series of renewable energy projects are on the horizon as the: sultanate looks to diversify its power mix Sun soaked
OBG
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A combination of factors, including climate change, rising energy demands and limited hydrocarbons resources, have driven Oman’s renewable energy agenda in recent years. Although renewables were estimated to have made up less than 1% of the country’s electricity mix in 2018, the Oman Power and Water Procurement Company (OPWP) aims to roll out 2500-3000 MW of generation capacity by 2025 in order to reach the target of 10% set by the National Energy Strategy. This will mean a considerable…