Saudi Arabia Power Market Size and Trends by Installed Capacity, Generation, Transmission, Distribution and Technology, Regulations, Key Players and Forecast, 2022-2035
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Saudi Arabia Power Market Report Overview
The cumulative installed capacity in the Saudi Arabia power market was 96.8 GW in 2021 and will achieve a CAGR of more than 3% during 2021-2035. In Saudi Arabia, the residential sector had the dominant share in power consumption in 2021 followed by industrial and commercial sectors.
Saudi Arabia Power Market Outlook, 2021-2035 (GW)
The market research report discusses the Saudi Arabia power market structure. It provides historical and forecast numbers for capacity, generation, and consumption up to 2035. The report also analyzes the Saudi Arabia power market’s regulatory structure and competitive landscape.
Cumulative Installed Capacity (2021) | 96.8 GW |
CAGR (2021-2035) | >3% |
Historical Period | 2010-2020 |
Forecast Period | 2021-2035 |
Regulatory Scenario (Renewable Energy) | · The Electricity and Co-Generation Regulatory Agency (ECRA)
· The King Abdullah City for Atomic and Renewable Energy |
Key Companies | · Saudi Electricity Company
· MARAFIQ · Saudi Aramco Company · ACWA Power · Fadhili Plant Cogeneration Company (FPCC) |
Key Deal Types | · Asset Transactions
· Debt Offerings · Partnerships · Acquisition |
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Saudi Arabia’s Power Market Regulators
- Saudi Arabia aims to achieve a sustainable energy mix, with solar and nuclear power potentially accounting for more than half of its power supply by 2040.
- In June 2021, under the ‘Saudi Green Initiative’ the government announced that it aims to increase the share of renewable electricity by 2030 and eliminate emissions using clean hydrocarbon technology.
To Get More Insights into Saudi Arabia’s Power Market Regulators
Saudi Arabia Power Market - Competitive Landscape
The key players in the power market in Saudi Arabia are Saudi Electricity Company, MARAFIQ, Saudi Aramco Company, ACWA Power, and Fadhili Plant Cogeneration Company (FPCC). In 2021, Saudi Arabia’s power generation market was dominated by the Saudi Electricity Company.
Saudi Arabia Power Market Analysis by Leading Players, 2021 (%)
Saudi Arabia Power Market Segmentation by Deal Types
Based on deal type, the power market in Saudi Arabia was dominated by asset transactions in 2021.
Saudi Arabia Power Market Analysis by Deal Types, 2021 (%)
Segments Covered in the Report
Saudi Arabia Power Market Deal Types Outlook (GW, 2010-2035)
- Partnerships
- Asset Transactions
- Debt Offering
- Acquisitions
Scope
- Snapshot of the country’s power sector across parameters – macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import & export scenario, degree of competition, regulatory scenario, and future potential of the power sector
- Statistics for installed capacity, generation, consumption, and forecast till 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
Table of Contents
Frequently asked questions
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What was the cumulative installed capacity in the Saudi Arabia power market in 2021?
The cumulative installed capacity in the Saudi Arabia power market was 96.8 GW in 2021.
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Which deal type held the largest Saudi Arabian power market share in 2021?
Based on deal type, the Saudi Arabian power deals market was dominated by asset transactions in 2021.
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Which are the key players operating in the Saudi Arabia power market?
The key players in the Saudi Arabia power market are Saudi Electricity Company, MARAFIQ, Saudi Aramco Company, ACWA Power, and Fadhili Plant Cogeneration Company (FPCC).
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