Daily Newsletter

29 July 2024

Daily Newsletter

29 July 2024

Saudi Arabia Power Market Overview

GlobalData's latest report discusses the power market structure of Saudi Arabia and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. The Saudi Arabia power market had a cumulative installed capacity of 94 GW in 2023, with thermal power dominating the capacity segment. This capacity is expected to grow at a CAGR of >2% from 2023 to 2035, with renewable power estimated to witness rapid growth in line with the country’s target to add 130GW Renewable Energy Capacity by 2030.

Saudi Arabia Power Market Overview

GlobalData's latest report discusses the power market structure of Saudi Arabia and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. The Saudi Arabia power market had a cumulative installed capacity of 94 GW in 2023, with thermal power dominating the capacity segment. This capacity is expected to grow at a CAGR of >2% from 2023 to 2035, with renewable power estimated to witness rapid growth in line with the country’s target to add 130GW Renewable Energy Capacity by 2030.

Saudi Arabia Power Market Overview

GlobalData's latest report discusses the power market structure of Saudi Arabia and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. The Saudi Arabia power market had a cumulative installed capacity of 94 GW in 2023, with thermal power dominating the capacity segment. This capacity is expected to grow at a CAGR of >2% from 2023 to 2035, with renewable power estimated to witness rapid growth in line with the country’s target to add 130GW Renewable Energy Capacity by 2030.

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