saudi arabia wind energy outlook

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1 Saudi Arabia Wind Energy Outlook Now Available at iData Insights Saudi Arabia Wind Energy Outlook Summary Saudi Arabia stands second globally on total proved oil reserves and sixth on total proved natural gas reserves as of year-end 2014. Demand for energy is increasing due to the growth in population and accelerated usage of desalinated water and low-priced electricity. In 2012, King Abdullah City for Atomic and Renewable Energy (KA-CARE) announced plans to launch a Renewable Energy Programme (REP) with a target of generating 54 GW by 2032, comprising 25 GW Concentrated Solar Power (CSP), 16 GW Solar Photovoltaic (PV), 9 GW wind, 3 GW waste-to-energy, and 1 GW from geothermal sources. However, in January 2015, it postponed the targets until 2040 due to falling global oil prices. This has come as a setback for investors who had big plans to invest in the fledgling renewable power industry. In August 2015, KA-CARE launched Saudi Arabia s Renewable Resource Atlas and registered the Atlas logo as a commercial trademark with the Office of Commercial Trade Marks of the Ministry of Trade. The Atlas focuses on solar resources and provides limited information on wind. Annual average wind speeds are reported at 6.0-8.0 meters per second (m/s). Higher wind speeds of 8.0 m/s and above occur in the northeast and central regions, as well as near mountains in the west. Under the Wind Energy Resources Measurement Project, KA-CARE identified 40 sites throughout Saudi Arabia ideal for future wind farms. Masts were installed at K.A.CARE City Site Northwest (A), K.A.CARE City Site East (B), Hafar Al Batin, Yanbu (North-1), and Sharurah. Data from these monitoring masts are recorded in the Atlas. Scope - The report includes an update on wind power regulatory framework, upcoming projects and major investment trends in the wind sector. Reasons to buy - The report gives an update on the country's wind energy sector. - Gain insights into the country's wind power policies and regulations - Identify investment opportunities through upcoming wind energy projects Browse Complete Report with TOC @ http://idatainsights.com/reports-landing-page.php?id=124156/governance- risk-and-compliance-the-macau-insurance-industry To Get Sample Copy of Report visit @ http://idatainsights.com/reports-landing-page.php?id=124156/governance- risk-and-compliance-the-macau-insurance-industry Table of Contents 1 Table of Contents 1 1.1 List of Tables 1 2 Summary 1 3 Saudi Arabia Wind Energy Outlook 2 3.1 Wind Energy Policy Framework 2 3.2 Investment Trends in Wind Energy Sector 3 3.3 Upcoming Projects 3 4 Appendix 4 4.1 Abbreviations 4 4.2 Bibliography 4 4.3 Methodology 6 4.4 Contact Us 7 4.5 Disclaimer Read More @ http://idatainsights.com/reports-landing-page.php?id=124156/governance-risk-and-compliance-the- macau-insurance-industry

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Saudi Arabia Wind Energy Outlook Summary Saudi Arabia stands second globally on total proved oil reserves and sixth on total proved natural gas reserves as of year-end 2014. Demand for energy is increasing due to the growth in population and accelerated usage of desalinated water and low-priced electricity. In 2012, King Abdullah City for Atomic and Renewable Energy (KA-CARE) announced plans to launch a Renewable Energy Programme (REP) with a target of generating 54 GW by 2032, comprising 25 GW Concentrated Solar Power (CSP), 16 GW Solar Photovoltaic (PV), 9 GW wind, 3 GW waste-to-energy, and 1 GW from geothermal sources. However, in January 2015, it postponed the targets until 2040 due to falling global oil prices. This has come as a setback for investors who had big plans to invest in the fledgling renewable power industry. In August 2015, KA-CARE launched Saudi Arabias Renewable Resource Atlas and registered the Atlas logo as a commercial trademark with the Office of Commercial Trade Marks of the Ministry of Trade. The Atlas focuses on solar resources and provides limited information on wind. Annual average wind speeds are reported at 6.0-8.0 meters per second (m/s). Higher wind speeds of 8.0 m/s and above occur in the northeast and central regions, as well as near mountains in the west. Under the Wind Energy Resources Measurement Project, KA-CARE identified 40 sites throughout Saudi Arabia ideal for future wind farms. Masts were installed at K.A.CARE City Site Northwest (A), K.A.CARE City Site East (B), Hafar Al Batin, Yanbu (North-1), and Sharurah. Data from these monitoring masts are recorded in the Atlas. Scope - The report includes an update on wind power regulatory framework, upcoming projects and major investment trends in the wind sector. Reasons to buy - The report gives an update on the country's wind energy sector. - Gain insights into the country's wind power policies and regulations - Identify investment opportunities through upcoming wind energy projects Browse Complete Report with TOC @ http://idatainsights.com/reports-landing-page.php?id=124156/governance-risk-and-compliance-the-macau-insurance-industry To Get Sample Copy of Report visit @ http://idatainsights.com/reports-landing-page.php?id=124156/governance-risk-and-compliance-the-macau-insurance-industry Table of Contents1 Table of Contents 1 1.1 List of Tables 1 2 Summary 1 3 Saudi Arabia Wind Energy Outlook 2 3.1 Wind Energy Policy Framework 2 3.2 Investment Trends in Wind Energy Sector 3 3.3 Upcoming Projects 3 4 Appendix 4 4.1 Abbreviations 4 4.2 Bibliography 4 4.3 Methodology 6 4.4 Contact Us 7 4.5 Disclaimer Read More @ http://idatainsights.com/reports-landing-page.php?id=124156/governance-risk-and-compliance-the-macau-insurance-industry About Us:iData Insights which operates under Precision Research and Consulting Private Limited is a leading market research information aggregator and marketing research consulting firm. We conduct both primary and secondary research. Our work does not end with research it is also involved in distributing reports for different companies . We provide actionable recommendations and provide our expertise for business success today and tomorrow. It is our goal to be a partner to our clients in the exploration and discovery, and then be their guide in the implementation of changes that will make a difference to their bottom line.Contact Us: iData InsightsTel: 1-866-237-2965Web: http://www.idatainsights.comEmail: [email protected] iData InsightsWe work around the clock until our clients are completely satisfied with their promised results. It is our mission to provide timely services coupled with acute client care to create a long-lasting relationship with you. We deliver on our promise to provide results that are essential to the success of your company. We believe that by doing so, we will earn the trust of our clients for future projects.

TRANSCRIPT

Page 1: Saudi Arabia Wind Energy Outlook

1

Saudi Arabia Wind Energy Outlook Now Available at iData Insights Saudi Arabia Wind Energy Outlook Summary Saudi Arabia stands second globally on total proved oil reserves and

sixth on total proved natural gas reserves as of year-end 2014. Demand for energy is increasing due to the growth in

population and accelerated usage of desalinated water and low-priced electricity. In 2012, King Abdullah City for

Atomic and Renewable Energy (KA-CARE) announced plans to launch a Renewable Energy Programme (REP) with

a target of generating 54 GW by 2032, comprising 25 GW Concentrated Solar Power (CSP), 16 GW Solar

Photovoltaic (PV), 9 GW wind, 3 GW waste-to-energy, and 1 GW from geothermal sources. However, in January

2015, it postponed the targets until 2040 due to falling global oil prices. This has come as a setback for investors who

had big plans to invest in the fledgling renewable power industry. In August 2015, KA-CARE launched Saudi Arabia�

s Renewable Resource Atlas and registered the Atlas logo as a commercial trademark with the Office of Commercial

Trade Marks of the Ministry of Trade. The Atlas focuses on solar resources and provides limited information on wind.

Annual average wind speeds are reported at 6.0-8.0 meters per second (m/s). Higher wind speeds of 8.0 m/s and

above occur in the northeast and central regions, as well as near mountains in the west. Under the Wind Energy

Resources Measurement Project, KA-CARE identified 40 sites throughout Saudi Arabia ideal for future wind farms.

Masts were installed at K.A.CARE City Site Northwest (A), K.A.CARE City Site East (B), Hafar Al Batin, Yanbu

(North-1), and Sharurah. Data from these monitoring masts are recorded in the Atlas. Scope - The report includes an

update on wind power regulatory framework, upcoming projects and major investment trends in the wind sector.

Reasons to buy - The report gives an update on the country's wind energy sector. - Gain insights into the country's

wind power policies and regulations - Identify investment opportunities through upcoming wind energy projects

Browse Complete Report with TOC @ http://idatainsights.com/reports-landing-page.php?id=124156/governance-

risk-and-compliance-the-macau-insurance-industry

To Get Sample Copy of Report visit @ http://idatainsights.com/reports-landing-page.php?id=124156/governance-

risk-and-compliance-the-macau-insurance-industry

Table of Contents

1 Table of Contents

1 1.1 List of Tables

1 2 Summary

1 3 Saudi Arabia Wind Energy Outlook

2 3.1 Wind Energy Policy Framework

2 3.2 Investment Trends in Wind Energy Sector

3 3.3 Upcoming Projects

3 4 Appendix

4 4.1 Abbreviations

4 4.2 Bibliography

4 4.3 Methodology

6 4.4 Contact Us

7 4.5 Disclaimer

Read More @ http://idatainsights.com/reports-landing-page.php?id=124156/governance-risk-and-compliance-the-

macau-insurance-industry

Page 2: Saudi Arabia Wind Energy Outlook

2

About Us:

iData Insights which operates under Precision Research and Consulting Private Limited is a leading market research

information aggregator and marketing research consulting firm. We conduct both primary and secondary research.

Our work does not end with research it is also involved in distributing reports for different companies . We provide

actionable recommendations and provide our expertise for business success today and tomorrow. It is our goal to be

a partner to our clients in the exploration and discovery, and then be their guide in the implementation of changes that

will make a difference to their bottom line.

Contact Us:

iData Insights

Tel: 1-866-237-2965

Web: http://www.idatainsights.com

Email: [email protected]

About iData Insights

We work around the clock until our clients are completely satisfied with their promised results. It is our mission to

provide timely services coupled with acute client care to create a long-lasting relationship with you. We deliver on our

promise to provide results that are essential to the success of your company. We believe that by doing so, we will

earn the trust of our clients for future projects.