• Initiative -
  • Type Workshop brief
  • Date 10th April 2017
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Abstract

Global electricity markets are facing substantial changes from both the demand and supply side of the industry. These structural shifts are also affecting Gulf Cooperation Council (GCC) countries, which need to adapt by developing new electricity models. Moving to a new power system will require significant reforms in the Gulf states. These countries may have to transform: state-run companies to private entities, monopolies to competitive markets, fossil fuel generation to a diversified electricity mix and from regulated to liberalized prices.

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