The Middle East has primarily relied on oil and gas resources to meet power needs. However, Middle Eastern countries are gradually increasing the share of renewables in their generation mix. KSA and UAE are the key countries which are actively participating in this transition, with the UAE leading the way with 8% of renewable share in the generation mix till date. KSA and UAE have remained major demand centres, but the energy transition is changing the landscape in the Middle East and even in Africa. The region has a substantial presence of SVCs supporting the utility sector to keep grid stability intact. In recent years, the regional FACTS market has observed a number of STATCOMS being deployed in support of utilities and the industrial sector (mainly steel and O&G).
Flexible AC Transmission Service Overview
The research presented in this article is from PTR's Flexible AC Transmission service. For information about this service please submit a request shown below.
Contact Sales:
Europe
+49-89-12250950
Americas
+1 408-604-0522
Japan
+81-80-7808-1378
GCC/Rest of APAC
+971-58-1602441
More about our:
Flexible AC Transmission Systems Market Research
Recent Insights
US Elections: Consequences of a Second Trump Presidency for Energy Sector
The US is making strides to move away from fossil fuels and eventually decarbonize the energy sector. The White House aims to achieve 80% renewable...
Sustainability Across Sectors: Highlights from GreenTech Festival 2024
Recently, I had the privilege to attend and present at the Greentech Festival, an excellent event in the realm of sustainability. This influential...
US and EU Strategies in Smart Buildings
Download Service Overview The EU and USA aim to decarbonize their building sectors to meet emission reduction targets. Initiatives like the Home...