Focus on Oman’s fast growing power and water sector

Oman is investing US $2.9 billion in 13 new power, water and energy projects which will begin construction in 2012
Muscat, 19 February 2012: Oman represents one of the fastest growing power and water sectors in the Middle East region with electricity and desalinated water demand expected to increase until 2017 at an average growth rate of about 9% per year according to the Oman Power and Water Procurement Company’s 7-Year Statement 2011-1017.
To face the increasing demand, Oman is investing in strengthening power and desalination water generation capacity and in maximising the network efficiency to improve costs and energy saving benefits and to optimise the rational use of electricity and water resources.
Energy efficiency strategies as well as the ongoing and planned power and water projects will be among the key topics to be discussed at the Oman Power & Water Summit 2012 developed in cooperation with the Public Authority for Electricity and Water and with the official support of the Ministry of Regional Municipalities and Water Resources, Oman Power and Water Procurement Company, Authority for Electricity Regulation, Electricity Holding Company and Rural Areas Electricity Company.
As stated by H.E. Mohammed Abdullah Al-Mahrouqi, Chairman of the Public Authority for Electricity and Water (PAEW), “improving energy efficiency is one of PAEW’s key objectives, we hope that the second edition of the Oman Power & Water Summit will attract even more local and international industry experts to share their ideas on optimising the use of electricity and water resources and enhancing energy efficiency. We look forward to hearing about policies and strategies implemented abroad that we can learn from and use to adapt best practices to respond to our country’s needs”.
The first day of the summit on Sunday 6 May will be dedicated to energy efficiency. Local and international authorities will share their perspectives and experiences on the development of cost-effective policies and incentive regulations to promote energy efficiency investment as well as technologies and green building practices that can improve operational efficiency and cost saving benefits.
The high-level support received for the four-day summit taking place at the Grand Hyatt Muscat on 6-9 May 2012, reflects the strong regional and international interest in Oman’s dynamic power and water sector. Speakers from Oman’s power and water authorities and companies will be joined by international experts from the Sustainable Energy Authority of Ireland, National Renewable Energy Center of Spain, Organisation for Economic Co-operation and Development and Abu Dhabi Water & Electricity Authority.
Sponsoring and exhibiting at the event, renowned industry players will also share their expertise and present innovative solutions, including Wartsila, Towell Engineering, Siemens, International Power GDF Suez, STOMO, ACWA, UTICO, Oman Cables Industry, Modern Water, GE, Target, TORAY, Sogex Oman, Future Pipe Industries, Larsen & Toubro Oman, Saint Gobain and Power Economy Middle East.
Among the association partners already confirmed are the Clean Energy Business Council, Euro-Mediterranean Association for Cooperation and Development, International Private Water Association, Oman Water Society, Emirates Solar Industry Association, Saudi Arabia Solar Industry Association, Middle East Desalination Research Center, Smart Energy Demand Coalition and VaasaETT.
For more information, visit www.omanpowerandwater.com, or contact enquiry@iqpc.ae or call +971 4 364 2975.