Renewable Energy Market Middle East: Status, Trends & Recommendations

The energy transition in the Middle East is proceeding at a rapid
pace. Renewable energy project contract awards in 2021 have
eclipsed deals for conventional power plant projects as the
region’s energy diversification agenda gathers pace, according to
a new research report from MEED Insight. Middle East Energy
Transition reports that there were no contract awards for
oil-powered or gas-fuelled power stations in the Middle East and
North Africa (Mena) region in the first half of 2021, while in
the same period, there were about $2.8bn of renewable energy
project contract awards in the region.


What are the current developments? What are the biggest drivers?
And which sectors play a particularly important role? Benjamin
Attia, Senior Research Analyst, Energy Transition Practice, Wood
Mackenzie Power & Renewables tells us.


Timeline:




2.12: What are the current developments in MENA, what has
happened in the past 12 months?




4.40: Will the MENA market will be worth more than $20
billion by 2024?




9.35: What are the key technical aspects and latest
technologies in this regard?




13.32: What are the next steps and developments we will see
in the Middle East’s energy transition?




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