Sep 01, 2010
11:30:00 AM
| Last Updated
EXECUTIVE SUMMARY
Record temperatures have exacerbated the annual summer power crunch across much of the Middle East this year. Systems in several countries have been pushed to near capacity, and power shortages are particularly acute given that this year’s Ramadan falls in the summer. Economic expansion and population growth have far outpaced the development in power infrastructure across the region, and power lines are showing their age. As with transportation fuel, the reluctance of governments to pass on the full cost of power to customers contributes to a supply-demand mismatch.[...]
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