Austria targets Middle East power growth
Austria is re-igniting its campaign to tap into the Middle Eastern power market which is facing generation bills that will, according to industry analysts, top $150 billion over the next 20 years in the Gulf Cooperation Council (GCC) alone.
Austrian industry experts say power distribution and conservation will be the focus of the campaign which will swing into force at the Middle East Electricity Exhibition, the region’s power and electricity trade show and conference. Austria is returning to the show after a break of two years with a fully fledged national pavilion.
The US government’s Energy Information Administration says alternative power use in the region is set to double to 2.4 quadrillion British Thermal Units (BTU) by 2020, as countries strive to cope with the ever-increasing demand for power as well as the tightening of environmental regulations.
Middle East Electricity, which will run at the Dubai International Exhibition Centre (DIEC) from February 15 to 18, 2004, is already going to be 50 percent larger than last year’s. To date, exhibitors from over 30 countries have confirmed for Middle East Electricity 2004. Fourteen countries will be represented at the show by national or industry pavilions, including China, for the first time. — (menareport.com)
© 2003 Mena Report (www.menareport.com)