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State owned utility OPWP will continue to be faced with constrained gas supplies for the foreseeable future, at a time when electricity demand is growing sharply. Its immediate priority is a 5% improvement in generating efficiency.
Oman Power and Water Procurement Company (OPWP) delivered 27.1TWh of electricity to customers in 2014, a rise of 13.6% over the 23.9TWh produced in 2013. The company’s current forecast sees Oman’s total peak electricity demand rising 85% by 2021, but warns that beyond 2019 gas availability “is not assured.”
OPWP’s newly published 2014 Annual Report says that given the national priorities of managing the use of gas resources and the growing cost of subsidies, it is working with Oman Electricity Transmission Company (OETC) to make further improvements in gas utilization by the country’s power and desalination plants.
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