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State Oman Power and Water Procurement Company (OPWP) has put back the schedule for its planned Misfah power plant by “at least one year” as a result of a slowdown in the country’s power demand growth rate. The project will now start-up in 2022 at the earliest (see table).
Oman last month scaled back its medium-term forecasts for power demand growth – it cut its forecast for 2022 peak demand by 11% from 10.69GW to 9.47GW ( MEES, 26 May ). Latest forecasts peg 2023 peak demand at 9.96GW, when total generating capacity would be 11.73GW – including the Misfah project (see chart).
The company attributes these reduced forecasts to a number of factors including the successful implementation of cost-reflective tariffs, improvements in the efficiency of electricity generation and utilization, and the use of state of the art demand forecasting techniques. (CONTINUED - 722 WORDS)
DATA INSIDE THIS ARTICLE
|table||Oman’s Power Project Pipeline|
|chart||Oman Peak Load Vs Capacity - 2017 Forecast (Gw)|
|chart||Oman Gas Used Per Unit Of Electricity (M³/Mwh)|