Due to a rapid expansion in its generation capacity, Qatar is sitting on a high 40 percent reserves in the power sector. The country’s power capacity has doubled in just two years – from 2009-2011.
“Qatar currently enjoys very high reserve margin of almost 40 percent. Hence, Qatar General Electricity and Water Corporation (Kahramaa) has announced no further capacity building plans till 2014 but focus will be in the transmission and distribution sector. Over a dozen of projects are under execution in transmission and distribution sector, with a gross investment of $4bn,” Kuwait Financial Centre (Markaz) said in its latest research note.
Qatar is one of the few countries in the Gulf, where power generation has grown considerably in the last decade.
Read more: http://thepeninsulaqatar.com/business/231515-qatar-has-40pc-reserve-margin-in-electricity.html
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