UAE water, power industry is focus of new report

May 7, 2010
DUBLIN, Ireland, May 7, 2010 -- Research and Markets has announced the addition of the "UAE Power & Water Industry Overview - 2010" report to their offering...

DUBLIN, Ireland, May 7, 2010 -- Research and Markets has announced the addition of the "UAE Power & Water Industry Overview - 2010" report to their offering.

"UAE Power & Water Industry Overview - 2010"
Forming the foundation pillars upon which the economic development of the country is based on, The Power and Water desalination Industry in the UAE is characterized by a limited source of supply struggling to cater to the escalating demand fuelled by increasing population and improved standards of living. Subsequent to its revolutionary discovery of hydrocarbons about three decades back, the UAE economy had come a long way into establishing itself as a highly developing nation boasting modern amenities facilitating high standards of living. In its ardent quest to remove the tarnished impact of an impoverished desert with limited prospects for economic development, the government has increased spending on job creation and infrastructure expansion and is opening up utilities to greater private sector involvement. The country's Free Trade Zones, offering 100% foreign ownership and zero taxes, are helping to attract foreign investors.

Whilst Privatization occupies the center stage in the overhauling process of Power and Water sector, the initiatives towards alternative energy sources in the form of Solar and Nuclear power as an viable option to replace the heavy dependence on the hydro carbon sector, particularly to replace the natural gas as a primary fuel in power generation, is considered a highlight in the nation's power reforms. The emergence of alternative power sources will enable the country to successfully diversify its economic growth from a predominantly oil-based economy, thus bracing itself to face any future adversity in oil fluctuations.

The Government's ardent efforts in enforcing legislations to conserve water in addition to its avid focus on desalination and waste water treatment highlights the significance given by the economy to combat the demand for water. Faced with the inherent disadvantage of extreme scarcity of ground water, UAE is doing all it possibly could to conserve and improve the supply of water through desalination and waste water treatments. As part of its overhauling measures, the Government is also educating the masses on conserving this valuable resource in addition to plans on introducing marginal pricing relative to the increasing usage to deter increase in demand as well as to manage the costs of production.

On the basis of years of tracking both power and water sector development, and maintenance projects, the report aims to explore the dynamics surrounding the UAE power and water desalination industry in this study. The study in particular provides a regional perspective on the size and value of Power and Water sector covering the vital statistics on the installed capacity, production and demand for power and water besides providing an analysis of the contractor awards and construction spends in the power and water sector. The study also provides a strategic assessment of the Industry landscape by providing an analysis of the Political, Economic, Social, Technological, Legislative and the Environmental trends impacting this high growth Industry.

This study provides a comprehensive understanding of the entire market dynamics of the Power and Water sector to assist players interested in assessing the market opportunities in this robust and dynamic market.

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