Kuwait Power Market Size and Trends by Installed Capacity, Generation, Transmission, Distribution, and Technology, Regulations, Key Players and Forecast, 2022-2035

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Kuwait Power Market Report Overview

The cumulative installed capacity in the Kuwait power market was 20.3 GW in 2021 and will grow at a CAGR of more than 3% during 2021-2035. In 2021, the residential sector had the dominant share in power consumption across the country.

Kuwait Power Market Outlook 2021-2035 (GW)
Kuwait Power Market Outlook 2021-2035 (GW)

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The market research report discusses the Kuwait power market structure. It provides historical and forecast numbers for capacity, generation, and consumption up to 2035. The report also analyzes the Kuwait power market’s regulatory structure and competitive landscape.

Cumulative Installed Capacity (2021) 20.3 GW
CAGR (2021-2035) >3%
Historical Period 2010-2020
Forecast Period 2021-2035
Regulatory Scenario (Kuwait’s Power Sector) ·       Innovative Renewable Energy Research Program

·       Environment Protection Law

Major Power Generating Companies ·       Ministry of Electricity and Water (MEW)

·       Kuwait Authority for Partnership Projects

Key Deal Types Partnership
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Kuwait Power Market Regulators

  • The Innovative Renewable Energy Research Program was launched in 2009 and aims to enable the diversification of energy resources, ensuring a sustainable supply of energy and water in the future by providing innovative renewable energy and clean combustion solutions.
  • The program includes studies to identify the optimum renewable energy technologies to be installed, tested, and modified to fit local conditions and conducting research and development for producing novel systems to address the future needs of Kuwait.

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Kuwait Power Market - Competitive Landscape

The major power generating companies in the Kuwait power market are the Ministry of Electricity and Water (MEW) and Kuwait Authority for Partnership Projects. In 2021, the Ministry of Electricity and Water was the leading company in 2021.

Ministry of Electricity and Water (MEW): Ministry of Electricity and Water (MEW) is an electricity and water utility service provider. MEW issues directives and instructions on matters related to energy conservation and rationalization. The ministry offers customer services such as the provision of permits for water and electricity supply connections, chemical works, designing water projects, and online services for payment of electricity and water consumption bills.

Kuwait Power Market Analysis by Companies, 2021 (%)

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Kuwait Power Market by Deal Types

Only 1 partnership deal was recorded in 2021 in Kuwait.

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Scope

  • Snapshot of the country’s power sector across parameters – macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector
  • Statistics for installed capacity, generation, and consumption from 2010 to 2021, and forecast to 2035
  • Capacity, generation, and major power plants by technology
  • Data on leading active and upcoming power plants
  • Information on transmission and distribution infrastructure, and electricity imports and exports
  • Policy and regulatory framework governing the market
  • Detailed analysis of top market participants, including market share analysis and SWOT analysis

Reasons to Buy

  • Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector
  • Identify key factors driving investment opportunities in the country’s power sector
  • Facilitate decision-making based on strong historic and forecast data
  • Develop strategies based on the latest regulatory events
  • Position yourself to gain the maximum advantage of the industry’s growth potential
  • Identify key partners and business development avenues
  • Identify key strengths and weaknesses of important market participants
  • Respond to your competitors’ business structure, strategy, and prospects

Ministry of Electricity and Water
Kuwait Authority for Partnership Projects
Sumitomo Corp
Engie SA
A.H. Alsagar & Bros Co

Table of Contents

| Table of Contents

1. Executive Summary

1.1 Gas-based thermal power to continue to dominate power market between 2021-2035

1.2 Renewable power capacity to increase at a CAGR of

30.5% between 2021-2035

2. Introduction

2.1 Kuwait Power Market

2.2 GlobalData Report Guidance

3. Kuwait Power Market, Snapshot

3.1 Country Summary

3.2 Macroeconomic Factors

3.3 Supply Security

3.4 Opportunities

3.5 Challenges

3.6 Impact of COVID-19

4. Kuwait Power Market, Market Analysis

4.1 Market Structure

4.2 Key Market Players

4.3 Financial Deals

Deal Value and Volume, 2010–2021

Deals by Type, 2021

4.4 Kuwait Power Market, Demand Structure

Power Consumption by Sector, 2021

5. Kuwait Power Market, Regulatory Scenario

5.1 Renewable Energy Targets

5.2 Innovative Renewable Energy Research Program

5.3 Renewable Energy Building and Site Integration

5.4 Environment Protection Law

6. Kuwait Power Market, Capacity and Generation

6.1 Cumulative Capacity Share by Technology, 2021

6.2 Total Power Capacity and Generation, 2010–2035

6.3 Thermal Power Capacity and Generation, 2010–2035

6.4 Renewable Power Capacity and Generation, 2010–2035

7. Kuwait Power Market, Transmission and Distribution Overview

7.1 Transmission Network

7.2 Distribution Network

7.3 Electricity Import and Export

7.4 Grid Interconnection

8. Kuwait Power Market, Major Generating Companies

8.1 Ministry of Electricity and Water (MEW)

Company Overview

8.2 Kuwait Authority for Partnership Projects

Company Overview

9. Appendix

9.1 Abbreviations

9.2 Market Definitions

Power

Renewable Power

Installed Capacity

Electricity Generation

Electricity Consumption

9.3 Methodology

Coverage

Secondary Research

Primary Research

Modelling and Forecasting

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Table

| List of Tables

Table 1: Power Market, Kuwait, Macroeconomic Factors, 2010–2030

Table 2: Power Market, Kuwait, Cumulative Capacity and Annual Generation, 2010–2035

Table 3: Power Market, Kuwait, Cumulative Capacity and Annual Generation Share by Technology, 2010–2035

Table 4: Thermal Power Market, Kuwait, Cumulative Capacity and Annual Generation, 2010–2035

Table 5: Thermal Power Market, Kuwait, Major Plants, 2021

Table 6: Renewable Power Market, Kuwait, Cumulative Capacity (GW), 2010–2035

Table 7: Renewable Power Market, Kuwait, Annual Generation (TWh), 2010–2035

Table 8: Renewable Power Market, Kuwait, Major Plants, 2021

Table 9: Power Market, Kuwait, Transmission Line Length (ckm) by Voltage Level, 2010–2021

Table 10: Power Market, Kuwait, Distribution Line Length (km) by Voltage Level, 2010–2021

Table 11: Power Market, Kuwait, Annual Electricity Import and Export (TWh), 2000–2020

Table 12: Power Market, Kuwait, Upcoming Interconnection Projects

Table 13: Abbreviations

Figures

| List of Figures

Figure 1: Thermal Power Market, Kuwait, Cumulative Capacity and Annual Generation, 2010–2035

Figure 2: Renewable Power Market, Kuwait, Cumulative Capacity, 2010–2035

Figure 3: Power Market, Kuwait, Country Summary

Figure 4: Power Market, Kuwait, Macroeconomic Factors, 2010–2030

Figure 5: Power Market, Kuwait, Market Structure

Figure 6: Power Market, Kuwait, Market Share of Generation Companies (%), 2021

Figure 7: Power Market, Kuwait, Annual Power Consumption, 2010–2035

Figure 8: Power Market, Kuwait, Power Consumption by Sector (%), 2021

Figure 9: Power Market, Kuwait, Cumulative Capacity Share by Technology (%), 2021

Figure 10: Power Market, Kuwait, Cumulative Capacity and Annual Generation, 2010–2035

Figure 11: Power Market, Kuwait, Capacity Share by Technology, 2010–2035

Figure 12: Power Market, Kuwait, Annual Generation Share by Technology, 2010–2035

Figure 13: Thermal Power Market, Kuwait, Cumulative Capacity and Annual Generation, 2010–2035

Figure 14: Renewable Power Market, Kuwait, Cumulative Capacity, 2010–2035

Figure 15: Renewable Power Market, Kuwait, Annual Generation, 2010–2035

Figure 16: Power Market, Kuwait, Annual Electricity Import and Export, 2010–2021

Frequently asked questions

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