U.S., Dec. 11 -- With the energy and utility sector undergoing an extensive transformation in the Middle East, we've taken a closer look at what the region has on its agenda.
The Middle East, energy and utility sector in statistics:
Electricity demand expected to triple by 2050
Over US$100bn worth of clean energy projects are in the pipeline
Total investment in clean energy is expected to exceed US$300bn by 2050
Cost of installation has fallen by 73% since 2010
The UAE aims to have 50% of its energy produced by carbon-free sources by 2050
Saudi Arabia aims to install 58.7GW of renewable energy by 2030
Dubai aims to achieve 75% clean energy by 2050
Middle East Energy - the region's leading trade event for the power industry - notes...