EconSource: Saudi Power Projects Will Need $133 Billion Investment Over 10 Years

Saudi Arabia will need to invest $133.3 billion in electricity projects over the next ten years to cope with rising power demand, its Electricity and Water Minister Abdullah al-Hussayen said Sunday. Hussayen said the country expects peak electricity to hit 90,000 megawatts (MW) in 2022. Installed capacity is currently around 70,000 MW. “The expansion plan … Continue reading EconSource: Saudi Power Projects Will Need $133 Billion Investment Over 10 Years