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March 25, 2011 03:00 AM Eastern Daylight Time 

Research and Markets: The Iraq Power Report 2011 Report Forecasts that Power Demand will Rise Almost Three Fold to 32,000MW by 2030

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/eee0eb/the_iraq_power_rep) has announced the addition of the "The Iraq Power Report 2011" report to their offering.

A comprehensive review of the opportunities and challenges for technology and service providers in the Republic of Iraq to 2030.

This report is an essential piece of research for all those seeking business opportunities in Iraq's power generation, transmission and distribution system in 2011 and beyond.

Having the right knowledge is essential to the development and growth of any company. But having the right knowledge depends entirely on the quality of source data.

This report looks at the plans to transform the Iraqi power sector which is currently under severe pressure to facilitate a growing public demand for electricity.

Although progress with Iraq's reconstruction since 2003 has proceeded more slowly than anticipated, this report demonstrates how the Iraqi Government is pressing ahead with ambitious programmes of investment in generation, transmission and distribution says report author, Edmund O'Sullivan.

This report will provide you with:

  • Insight into the political and economic context of Iraq in 2011
  • An understanding of Iraq's electricity generation, transmission and distribution system
  • Details of the Iraq electricity masterplan 2015-30
  • An overview of the Ministry of Electricity IPP programme
  • Data on Electricity in Iraqi Kurdistan
  • A practical guide to laws, regulations and security - doing business in Iraq

Gain essential insight into:

  • Power station fuel requirements
  • Long-term project finance issues and delivery of required skills
  • The need for comprehensive supporting legislation
  • Security issues and how they can be addressed

This unique report will enable you to acquire unparalleled insight into the transformation plans of the Iraqi power sector.

Executive Summary:

Although progress with Iraq's reconstruction since 2003 has proceeded more slowly than anticipated, the latest report demonstrates how the Iraqi Government is pressing ahead with ambitious programmes of investment in generation, transmission and distribution.

With official data sourced directly from the Iraqi government and its advisers, the Iraq Power Report 2011 is the most definitive and comprehensive document so far on the Iraqi power sector.

This report is an exclusive collation of research, data and analysis on the power sector in Iraq. With a first-hand look at the recently published Iraq masterplan, MEED Insight forecasts that power demand will rise almost three fold to 32,000MW by 2030. To meet this demand, over $30bn of investment will be required in generation alone in the period 2015-30. A further $22,000m will be needed to expand and upgrade the transmission and distribution system over the period, the report says.

Years of sanctions, war and under investment have taken a very heavy toll on Iraq's electricity industry, especially outside the northern Kurdistan region. In August 2010, more than seven years after the overthrow of Saddam Hussain, electricity production was meeting less than half of overall demand of 13,000MW, leading to widespread power cuts and street protests. There was also a high economic price, with estimates suggesting that the cost of power shortages to the economy reached $40,000m in 2010.

According to the report, the electricity sector not only needs significant new investment in generating capacity over the short term, but also in gas infrastructure. In addition to boosting gas supplies, a host of other challenges will have to be addressed if the power sector is to meet the growing needs of Iraq and its people, according to the report. Finance, greater regulation and international know-how and technology will all be required. But the most pressing issue remains security. And although violence at the start of 2011 was well below the levels recorded during the peak months of 2007, it still remained worryingly high and a major barrier to the sector's rehabilitation.

In addition to insight on the opportunities and challenges for technology and service providers in the Republic of Iraq to 2030, the Iraq Power Report 2011 contains many exclusive tables, graphs and charts, including: oil and power production, supply and demand, planned projects, Electricity Ministry's maintenance and rehabilitation plan, gas reserves/availability, EPC contract awards, supply, capacity awards, planned gas plants, the sites of the proposed IPPs, cost breakdowns, the location of committed power generation capacity and much, much more.

The Iraq Power Report 2011 is essential for all those seeking business opportunities in Iraq's power generation, transmission and distribution system in 2011 and beyond.

Key Topics Covered:

Preface

Executive summary

Introduction

Iraq's history and its economy

The state of the Iraqi electricity sector

The Iraq electricity masterplan

The Electricity Ministry's IPP programme

The electricity sector in the Kurdish areas of Iraq

Doing business in Iraq

For more information visit http://www.researchandmarkets.com/research/eee0eb/the_iraq_power_rep

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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