Dubai, UAE -- (SBWIRE) -- 01/23/2014 -- Demand for electric power in the MENA region is accelerating rapidly, and is set to continue to grow by seven per cent annually in the coming decade, according to a report published by the Economist Intelligence Unit (EIU).
The report, titled MENA’s electric power supplies to 2020, states that population growth, economic development and industrialisation, driven by rising oil prices, are significant factors propelling demand for electricity, with some countries diversifying fuel sources and investing in renewable energies, especially solar power, as part of their efforts to expand power supply.
The report, which was published ahead of Middle East Electricity, one of the world’s largest and longest running energy events, added that the Gulf Cooperation Council (GCC) interconnection grid, due for completion by the end of 2013, will enable power surpluses to be traded across the region.
Taking place from 11-13 February 2014 at the Dubai International Convention and Exhibition Centre, Middle East Electricity focuses on the power, lighting, renewable and nuclear sectors, featuring more than 1,200 exhibitors from 100 countries.
The three-day event is strategically located in Dubai, a hub of regional economic activity, providing exhibitors the ideal platform to showcase their latest energy related products and services to more than 18,000 decision makers from around the world.
“One of the key drivers of the surging power demand in the MENA region is due to rapid population growth,” said Anita Mathews, Director of Informa Energy Group, organisers of Middle East Electricity.
“Others include increasing urbanisation and lifestyle improvements that come with growing economic prosperity, further enhanced by the resurgent construction boom that has now returned to the region.
“The growth of regional power demand is also reflected in the increasing popularity of Middle East Electricity; we are very close to selling all available exhibition space for the 2014 edition some three months before the show opens and next year will certainly be the largest edition yet.”
Held under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Middle East Electricity is co-located with Solar Middle East, the region’s most comprehensive gathering of solar technology suppliers.
The combined events feature two dedicated one-day industry conferences: the Green Energy Middle East conference on 11 February, embracing cleaner power production and energy efficiency strategy to achieve a sustainable future for the Middle East.
The Solar Middle East Conference on 12 February, meanwhile, will address the challenges of financing, generating and transmitting the potential of solar power in the sun-drenched region.
Also returning in 2014 are the popular Middle East Electricity Awards on 11 February, celebrating the outstanding achievements of individuals, departments, teams or organisation that have contributed to the growth and development of the region’s energy industry.
Middle East Electricity 2014 is supported by Abu Dhabi Water and Electricity Authority (ADWEA), Dubai Municipality, Emirates Green Building Council, Society of Engineers – UAE, Environmental Center for Arab Towns, Clean Energy Business Council and Energy Institute Middle East.
The 39th edition of the region’s largest meeting place for energy industry professionals is partnered with Power Nigeria in Lagos and Africa Electricity in Johannesburg. To be involved as an exhibitor, sponsor or delegate, contact the Middle East Electricity team at +9714 336 5161 or email: email@example.com or visit http://www.middleeastelectricity.com/
Informa Exhibitions operate around 130 trade and consumer events in over 38 cities across the globe. The main office locations are in London, Sao Paulo, Dubai, Singapore, Melbourne and Beijing. Informa has more than 150 offices in more than 40 countries, employs over 9,000 staff globally and is the largest publicly owned organiser of conferences and courses in the world with an output of over 10,000 events annually.