Increasing the role of private investment will be critical to the reform of the power sector.
The Imminent Need for Energy Reform.
The biggest challenge governments in MENA region will face in the coming decade is meeting the growing power demand. 2016 has ushered in a new and unprecedented period for the region’s power sector with new lower priced oil era putting pressure on government accounts and renewable energy emerging as cost competitive with conventional fossil fuels.
Improving efficiency and increasing the role of private investment will be critical to the reform and success of the region’s power sector.
The summit will outline critical action points and provide solutions on how to meet the region’s power needs through policy reform, diversification, increased efficiency and privatisation.
Themes covered at the event:
- Policy Reform & Efficiency – Driving energy efficiency and conservation by cutting subsidies and improving technology
- Diversification – Reducing consumption of fossil fuels through diversification of the energy mix including renewable and nuclear energy
- Private Finance – Engaging the private sector to finance, build and operate power supply