GCC Power Industry Report 2021: Growth will be Spurred by the Region's Drive to Diversify the Energy Mix and Embrace Clean Energy Sources

Dublin, June 08, 2021 (GLOBE NEWSWIRE) -- The "Distributed Energy Rejuvenating the Power Sector in the GCC through Innovation and Efficiency, 2021" report has been added to ResearchAndMarkets.com's offering.

Globally, the electricity supply industry is undergoing a major transition with the phasing out of conventional power generation technologies, which are being replaced by renewable energies like solar energy and wind energy. In addition to utility-scale power generation, customers are now considering self-generation through distributed renewable sources and also selling excess generated electricity back to the grid.

Declining technology costs, conducive resource availability, and favourable policies are encouraging distributed power generation in the GCC. To date, diesel gensets have been the preferred source of distributed power in the region, but the region's decarbonisation mandates have resulted in a growing focus on renewable distributed sources like rooftop solar PV and solar-diesel hybrid systems.

Countries like the UAE, Oman, and Saudi Arabia already have in place and are further considering policies to drive the adoption of renewable energy across the residential, commercial, and industrial segments, with a focus on distributed energy generation and consumption. Increasing focus on distributed generation is creating an opportunity for technologies like behind-the-meter energy storage, smart meters, grid digitalization, and asset performance management, amongst others.

A shift towards prosumerism, coupled with energy sustainability, has created opportunities for project developers, OEMs, and technology providers to innovate technology and business solutions to meet changing customer requirements.

Key Topics Covered:

1. The Strategic Imperative

• Why Is It Increasingly Difficult To Grow?
• The Strategic Imperative
• The Impact of the Top Three Strategic Imperatives on Distributed Energy Industry
• Growth Opportunities Fuel the Growth Pipeline Engine

2. Executive Summary, GCC Distributed Energy Market

• Key Highlights of the GCC Distributed Energy Industry
• Challenges Faced by the Distributed Energy Industry in GCC due to Covid-19
• GCC Distributed Energy Market-Historic and Forecast Revenues
• Top Predictions for 2021

3. Growth Environment & Scope, GCC Distributed Energy Market

• Research Scope
• Market Segmentation

4. Macro Economic Factors Impacting GCC Distributed Energy Market

• 2021 Middle East Economic Outlook-Top Predictions
• Middle East-GDP Growth
• Saudi Arabia and Iran-GDP Growth Outlook
• Qatar and Turkey-GDP Growth Outlook
• Middle East-Key Economic Developments

5. Key GCC Distributed Energy Revenue Trends, 2021

• GCC Distributed Energy Revenue by Segment in 2020 and 2021
• GCC Distributed Energy Market by Country in 2021
• Segment-wise Revenue Forecasts 2020-2025

6. Key Predictions for 2021

• Key 2021 Distributed Energy Market Trends
• Prediction 1: Behind the Meter (BTM) Energy Storage
• Prediction 2: Modelling and Forecasting
• Prediction 3: Digital Grids
• Prediction 4: Hybrid Systems
• Prediction 5: DER Aggregation
• Prediction 6: Electricity as a Service

7. Distributed Energy Segment Outlook 2021

• 2021 Market Snapshot-Distributed Solar PV
• Distributed Solar PV-Companies to Watch Out for
• 2021 Market Snapshot-Hybrid Systems
• Hybrid Systems-Companies to Watch Out for
• 2021 Market Snapshot-Diesel Gensets
• Diesel Gensets-Companies to Watch Out for
• 2021 Market Snapshot-Gas Gensets
• Gas Gensets-Companies to Watch Out for
• 2021 Predictions-GCC

8. Growth Opportunity Universe, GCC Distributed Energy Market

• Growth Opportunity 1: Expanding Current Solution Offerings-New Opportunities for OEMs, System Integrators and Service Providers
• Growth Opportunity 2: Consumer to Prosumer-A New Opportunity for End Users
• Growth Opportunity 3: Market Entry into DER-A New Opportunity for End Utilities
• Growth Opportunity 4: Expanding Solution Offerings-A New Opportunity for ESCOs
• Growth Opportunity 5: Mergers & Acquisitions-A New Opportunity for OEMs

9. Key Conclusions

For more information about this report visit https://www.researchandmarkets.com/r/l7lzi5

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