$152B required for ME power
dubai — Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and Industry, on Tuesday inaugurated Middle East Electricity (MEE) 2019, the 44th edition of the region’s leading event for the power industry.
Hosted by the UAE Ministry of Energy, Middle East Electricity runs at the Dubai World Trade Centre (DWTC) until tomorrow, bringing together 1,600 industry heavyweights and energetic startups from around the globe.
With the Mena Power Industry Outlook Report, prepared by Ventures Onsite for MEE, stating the region will require $152 billion in investment for generation capacity and a further $108 billion for transmission and distribution through 2022, global experts will leverage Middle East Electricity to shine light on the latest power, lighting and energy solutions to feed the region’s ever-rising power demands.
Touring the 15-hall mega show, Sheikh Hamdan was accompanied by Saeed Mohammed Al Tayer, vice-chairman of the Dubai Supreme Council of Energy, and managing director and CEO of the Dubai Electricity and Water Authority; and Helal Saeed Almarri, director-general of the DWTC Authority. Sheikh Hamdan was given an overview of the products and services to light the way for a smarter and brighter future for the industry across five key sectors: power generation; transmission and distribution; lighting; solar; and energy storage and management.
MEE continues to energise the industry by providing a tailored platform for industry pioneers to unveil global launches and new-tomarket products, specifically geared towards application in the Mena.