Rising demand has seen Qatar’s installed power capacity getting doubled in two years up to 2011, a new study has shown.
Because of Qatar’s high GDP growth rates and population explosion, power consumption in the country has increased by a compound annual growth rate (CAGR) of 9.3% between 2001 and 2011, said Kuwait Financial Centre (Markaz) in a report.
Markaz expects Qatar’s per capita power consumption to remain one of the highest in the GCC (Gulf Co-operation Council) region.
Kahramaa is the ultimate body, which caters to Qatar’s electricity and water needs. In December 2002 Kahramaa entered into an agreement with Qatar Electricity & Water Company (QEWC) to transfer all its power stations to QEWC.
Read more: http://www.gulf-times.com/business/191/details/347661/qatar%e2%80%99s-installed-power-capacity-doubles-in-2-years-as-demand-rises
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