Energy challenges in the MENA region

By Leah Netabai

According to the Energy & Utilities Market Outlook Report 2020, the energy sector is facing demand and sustainability challenges. 

The report produced by GRS Research & Strategy, highlights the dual challenges of rising demand for energy within the Middle East and North Africa (MENA) region, alongside the need to move to low-carbon systems. 

Over 2,000 energy sector operators were surveyed for the report, 32.8% of which identified the GCC having the highest potential market for future energy opportunities. Discussing the region's potential, Benoit Lebot, Head of Secretariat at the Paris-based Partnership for Energy Efficiency Co-operation (IPEEC) stressed the importance of focusing on system designs to meet sustainability goals. 

SEE ALSO:

“In the case of the Gulf Countries, we know that the population is growing fast, that cities are expanding widely and that the climatic conditions are evolving,” said Lebot. “To address this trend, it is especially important to design cities and buildings to limit or lower cooling demand. Similarly, the expansion of cities generates new challenges for urban mobility. Selecting and designing transport infrastructure that can favour individual cars or modem public transport will have a huge impact on energy demand and local air pollution.” 

Agreeing with Lebot on the importance of addressing issues and opportunities, Claudia Konieczna, Exhibition Director, Middle East Energy explains that being a global energy platform, “Middle East Energy gathers the leading lights of the worldwide industry to examine the major issues, explore opportunities and set the agenda for the future,” to deliver expert insights into the major transformation of the energy sector.

It is expected that more than 1,300 companies will take part in the upcoming Middle East Energy event that will discuss these challenges among other topics within digitalisation, power generation, transmission and distribution, energy consumption and management, and renewables.

Did you know? The MENA energy sector is predicted to value US$260bn by 2022.

For more information on business topics in the Middle East and Africa, please take a look at the latest edition of Business Chief MEA.

Follow Business Chief on LinkedIn and Twitter.

Share

Featured Articles

Top 10 most innovative telecom operators in the Middle East

With Dubai-based Telecoms World Middle East in full swing, we chart the most innovative telcos from the region – and look at how they are transforming

Top 10 fastest-growing Indian companies in the UK

Business Chief takes a look at the top 10 fastest-growing Indian companies in the UK, according to the India Meets Britain Tracker from Grant Thornton

Top 10 workplaces prioritising people and planet in the UAE

Sustainable, flexible, collaborative, tech-driven, and amenities-rich, the office of the future considers both people and planet – here are 10 in the UAE

Top 10 female HR execs leading Saudi’s workplace transition

Leadership & Strategy

Top 10 largest asset managers by AUM operating in the UAE

Corporate Finance

Top 10 female CEOs leading Africa’s biggest businesses

Leadership & Strategy