Kuwait in process of purchasing new gas-fired power plants – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

Kuwait in process of purchasing new gas-fired power plants – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

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Gas remains dominant energy source in Gulf

KUWAIT CITY, Sept 26: MEED Magazine stated that the importance of renewable energy sources will increase over time although fossil fuels – mainly gas – remain the dominant energy source generating power in the Gulf countries, reports Al-Anba daily. An analysis by the magazine’s Editor for Energy Affairs Jennifer Aguinaldo revealed that the country – represented by Kuwait Gulf Investment Corporation – ranked fourth with a net generation capacity of 602 megawatts and total planned capacity of 2,245 megawatts in five power projects, while Saudi Aqua Power Company ranked first.