Encouraging Outlook for the Middle East Rental Power Market

The rental power market in the Middle East has remained buoyant, and is predicted to go on expanding in years to come. Buoyed by the development of new rental power technologies, interim power stations will continue to find application in a variety of sectors, including utility markets, extractive industries like mining and oil & gas, large process industries and major infrastructure construction projects.

Among the rental power technologies available, diesel generators will continue to dominate the market, largely due to the wide availability of fuel, fuel safety & economy and ease of installment. However, it is helpful to note that generators running on other fuels, such as natural gas and dual-fuel (a combination of diesel and gas), are progressively gaining ground. The market expansion of such technologies is spurred by the increasing availability of inexpensive locally extracted natural gas and the strict emission regulations in many countries around the world.

There have been observed limitations on the growth of the natural gas generator market, including fuel availability, and the prohibitive cost of installing safe and reliable fuel delivery infrastructure. Today, these are gradually being mitigated by the availability of cost-effective natural gas resources, and the application of natural gas technologies in bigger and longer-duration projects. In addition, dual-fuel generators simplifies the transition from diesel-run to gas-run generators.

There is also a growing trend towards the use of renewables in the region, particularly solar. As technology here develops, it is inevitable that they will play an increasingly important role in the future energy mix, and in the development of hybrid solutions with diesel or natural gas generators.

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Altaaqa Global

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Straight from the Shoulder: Insights on the Rental Power Market in the Middle East

Altaaqa Global CCO, Julian Ford, shared his insights on the outlook of the temporary power industry in the Middle East. He also discussed how generators running on gas and dual-fuel are gradually gaining ground. Highlights...

What has led to the rise in the power rental market in the Middle East and North Africa (MENA)?

First of all, it is important to note that the rental power industry in the Middle East, as with other regions in the world, goes in cycles, and is dependent on the prevailing market situation and activities. 

The buoyance of the rental power market in the MENA region is spurred by several factors.

• Utility shortages, particularly in KSA, Kuwait and Iraq, especially during peak summer months 
• The gradual recovery of the construction industry in UAE and Saudi Arabia
• Sustained production of oil & gas and repair & maintenance of refineries and associated infrastructure
• Absent or unreliable electricity connection in many areas in the region
• Regional growth in population and upgrades in the standards of living
• The availability of diesel, and the nascent increase in the supply of natural gas, particularly in African markets 
• Large industrial customers companies turning to rental power to maintain the effectiveness/productivity of their operations in times of power interruptions or peak shaving
• Looking forward, there will also be significant opportunities for infrastructure rebuilding and development in like Iraq, Libya and Syria

Which is the biggest genset market in the region? Recent reports suggest Saudi Arabia and Qatar are leading the way. What are the countries, you think, follow the list?

Saudi Arabia, Qatar and the UAE have been demonstrating high economic growth rates buoyed by industrial and commercial development. As such, these countries have consistently been the biggest market for gensets in the region, be it for rental or for sales. On the sales front, a recent report by Frost and Sullivan show that the genset market in the GCC is set to grow to as much as USD 950.4 million in 2018, largely due to intensive construction activities, prevention of transmission and distribution bottlenecks and determent of power shortages. Rental figures follow a similar trajectory.

It is interesting to note that certain markets, like the UAE, reflect encouraging genset sales figures because they are vital hubs for re-exporting generators to nearby markets.

A number of other Middle Eastern markets, like Yemen, Iraq and Syria, are currently going through a difficult period. As the governance of these countries become more stable in the coming years, we believe that they will represent excellent market opportunities for temporary power providers.

Between gas and diesel gensets, which has a better growth prospect and why? Upcoming trends in the genset market for the MENA region?

It is expected that the diesel genset market will continue to grow in the next several years, riding high on the wide availability of fuel, fuel safety and economy and ease of installment of diesel equipment.

We are noticing however the gradual expansion of the natural gas and dual-fuel genset markets, particularly where inexpensive natural gas is available. The growth of such markets are supported by the increase in unconventional gas resources and by stringent emission regulations in vigor in many countries around the world.

In the past, fuel availability and the costs of installing safe and reliable fuel delivery infrastructure have been limitations on the growth of the natural gas generator market. Today, however, gas is becoming increasingly available and gas generation technology progressively finds application in bigger and longer-duration projects.  The availability of dual-fuel generators (which significantly simplifies the transition from diesel-run to gas-run generators), is also helping to overcome these obstacles.

Side-bar: How do dual-fuel gensets work?

• Operate on a blend of diesel and natural gas fuel
• They start operating with diesel as the fuel
• As gas becomes available, the technology blends the gas with the diesel, substituting natural gas for diesel.
• When a sufficient supply of natural gas is available for stand-alone operations, then the existing power plant can be easily replaced with 100% gas-fuelled generators

What are the preferred ranges that are most popular in the region and the industries that are catered to? 

The amount of required power vary from industry to industry. For instance, construction projects may require a few hundred kVA during the building phase to a few MW during the commissioning stage. Refinery maintenance and rehabilitation of often requires several MW of power. The utility industry has the biggest demand, usually requiring power plants of tens or hundreds of MW to provide supplementary power to the grid. 

For our part, we provide large-scale temporary power plants, focused on utility markets, extractive industries such as mining and oil and gas, large process industries and major construction infrastructure projects.  

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PRESS INQUIRIES

Altaaqa Global

Tel: +971 56 1749505

rbagatsing@altaaqaglobal.com

Altaaqa Global Wins Power Project of the Year at Middle East Electricity Awards

AltaaqaGlobal, a global temporary power and energy solution specialist, recently won ‘Power Project of the Year’ for its Yemen power project and was highly commended for its role in innovation.

 

Front row Peter den Boogert, GM Altaaqa Global &  Khalil Abdul Malik, GM PEC & the winners of Middle East Electricity Awards

 

Dubai, UAE: Altaaqa Global CAT Rental Power has recently received the award for ‘Power Project of the Year’ for its power plant project in Aden, Yemen. Altaaqa Global was highly commended for its contribution to product innovation, social responsibility and impressive delivery during the Middle East Electricity Awards 2014, held at the Dubai International Convention Centre in Dubai, United Arab Emirates.

 

According to the judges, “Altaaqa Global played a critical role in the electric power industry. This award category is given to a company that offers the best planning, delivery and execution of any power plant in the Middle East region. Altaaqa Global won in this category for its excellent design, innovative power solutions, fuel savings, record-breaking project installation and an exceptional commitment to provide support to its client.”

 

The 54 MW temporary power plant was built in just 23 days from signing the contract and has the capacity to supply up to 150,000 homes with electricity, benefitting more than half a million people in the city of Aden.

 

Khalil Abdul Malik, General Manager of Yemen’s Public Electricity Corporation, commented, “Altaaqa Global is not only our supplier, but a real and genuine partner that helped us to solve the most difficult energy challenges in our country. Their strategic approach to solving complex electrical challenges combined with stellar innovation, unequalled customer support, the best of breed fuel-efficient power solutions and an impressive on-time delivery is a real testament to their achievement. They have gone the extra mile and made an indelible mark in Yemen as one of the most reliable temporary power companies.” 

 

“We are humbled when our peers in the engineering and construction industry recognise our hard work in providing temporary power solutions to areas where electricity is scarce or not available,” said Peter den Boogert, General Manager of Altaaqa Global. “We are also proud of our record as the fastest energy rental company that can deliver power rental solutions at a moment’s notice, even during emergencies. Altaaqa Global has been recognised with this momentous award and I attribute our success to the team spirit and combined diligent efforts of our great people.”

 

Steven Meyrick, Board Representative of Altaaqa Global, added, “We are always committed to deliver exceptional temporary power and energy solutions anywhere in the world. Every employee knows that hundreds of millions of people rely on us every day and that is what our job is all about – providing a service to the people. Our organisation goes beyond the paradigm of rental power: we not only provide boxes of generators, but we provide progress too. We bring hope and stability to communities, companies and entire nations through our energy solutions. No matter how complex our clients’ problems may be, we always have the right solutions and are always ready to serve.”

 

Majid Zahid, Director for Strategic Accounts at Altaaqa Global, said, “This achievement demonstrates our capability to deliver effective and efficient energy solutions. Our strategic partners in Caterpillar, together with our engineering team, always provide the most modern equipment and innovative solutions that no other rental power company can match. Our work in Oman, where we installed 24 MW in just 96 hours, and our Yemen power plant, which took only 23 days to build, are energy industry record breakers.”

 

 

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About Altaaqa Global

Altaaqa Global, a subsidiary of Zahid Group, has been selected by Caterpillar Inc. to deliver multi-megawatt turnkey temporary power solutions worldwide. The company owns, mobilizes, installs, and operates efficient temporary independent power plants (IPP’s) at customer sites, focusing on the emerging markets of Sub-Sahara Africa, Central Asia, the Indian Subcontinent, Latin America, South East Asia, the Middle East, and North Africa. Offering power rental equipment that will operate with different types of fuel such as diesel, natural gas, or dual-fuel, Altaaqa Global is positioned to rapidly deploy and provide temporary power plant solutions, delivering electricity whenever and wherever it may be needed.

 

www.altaaqaglobal.com/press-media/press-releases

 

About Zahid Group

Zahid Group represents a diverse range of companies, offering comprehensive, customer-centric solutions in a number of thriving industries. Some of those include construction; mining; oil & gas; agriculture; power, electricity & water generation; material handling; building materials; transportation & logistics; real estate development; travel & tourism; waste management & recycling; and hospitality.

 

About Middle East Electricity Awards

The Middle East Electricity Awards recognise the outstanding achievements of individuals, departments, teams or an organisation that have contributed to the growth and development of the energy industry with a focus on the power, lighting, new & renewable, nuclear and water sectors.

 

 

 

PRESS INQUIRIES

Robert Bagatsing

Altaaqa Global

Tel: +971 56 1749505

rbagatsing@altaaqaglobal.com

http://www.altaaqaglobal.com

 

READER REQUESTS

Altaaqa Global

Marketing Department

P.O. Box 262989

Dubai, United Arab Emirates

 

أنشأت الطاقة جلوبال محطة طاقة مؤقتة بسعة 24 ميجاوات في غضون 96 ساعة فقط

قامت شركة الطاقة جلوبال بإنشاء محطة طاقة مؤقتة بسعة 24 ميجاوات في سلطنة عمان بشكل ناجح. ولم يستغرق تنفيذ المشروع سوى 4 أيام وبذلك أصبح هذا المشروع من أسرع الإنشاءات في تاريخ صناعة تأجير المعدات.

دبي، الإمارات العربية المتحدة – قامت شركة الطاقة جلوبال CAT Rental Power، شركة رائدة عالمياً في توفير حلول الطاقة، بتصميم وإنشاء محطة طاقة مؤقتة بسعة 24 ميجاوات في سلطنة عمان.

من أجل استيفاء مطالبات الكهرباء طوال فصول الصيف، ستقوم محطة طاقة مؤقتة بسعة 24 ميجاوات بتوريد الطاقة إلى شبكة الكهرباء في وقت يزداد فيه استخدام أجهزة التحكم في درجة الحرارة بشكل ملحوظٍ، مثل المكيفات ومبردات المناطق. بدعم القدرة الحالية لسلطنة عمان على توليد الطاقة، ستضمن محطة الطاقة المؤقتة أداءً عالياً أثناء أحر الشهور في السنة.

إذ أن إنشاء المحطة لم يستغرق من الوقت سوى 96 ساعة، قال بيتر دين بوجيرت، المدير العام لتنمية الأعمال لدى الطاقة جلوبال، في تعليقه على السرعة الممتازة في التشغيل. "هذا يؤكد من جديد على قدرة الطاقة جلوبال على الإنشاء والتركيب وتوليد الطاقة بشكل آمن وسريعٍ. يعرض الحل الشامل المتكامل حزمة كاملة من مولدات الطاقة، والمحوّلات وخزانات الوقود، وألواح التوزيع والمستلزمات الكهربية، و مهندسي الكهرباء المعتمدين من قبل CAT على مدار 24 ساعة في يوم و7 أيام في أسبوع، الذين سوف يقومون بإدارة محطة الطاقة المؤقتة."

وقال المدير الإداري للطاقة جلوبال السيد ستيفين ميريك، "إننا نعتزّ بتوفير حلول الطاقة المؤقتة لشعب عمان. "إن فريق الطاقة المؤقتة ذو الخبرة العالية لدينا إلى جانب مولدات كاتربيلر المتميزة بكثافة الطاقة والعاملة بالديزل مع كفاءة الوقود انضمام مثالي لتوفير استمثال الشبكة والطاقة المكمّلة المعتمدة."

وصرّح مدير التسويق لدى الطاقة جلوبال السيد روبرت باجاتسنج، "يمكننا توفير مشاريع الطاقة المؤقتة متعددة الميجاوات في أي بقعة من العالم ابتداءً من 20 ميجاوات إلى 200 ميجاوات. بتوريد الطاقة إلى مجموعة كبيرة من القطاعات مثل مرفق الطاقة، والخدمات الحكومية، والتعدين، والتصنيع الصناعي، والزيت والغاز، والبتروكيمياء والبناء توفر شركة الطاقة جلوبال حلول الطاقة المتكاملة على نطاق واسع في أي مكان وفي أي وقت."

نبذة عن شركة الطاقة جلوبال

تعد شركة الطاقة جلوبال، إحدى فروع مجموعة زاهد، وقد اختارتها شركة كاتربيلر لتقديم الحلول الشاملة للطاقة المؤقتة متعددة الميجاوات حول العالم. الشركة تمتلك و تستعد وتنشئ وتشغل محطات الطاقة المستقلة والمؤقتة والفعالة (IPP's) بمواقع الزبون وتركز على الأسواق النامية في مناطق شبه الصحراء الأفريقية، والآسيا الوسطى، وشبه القارة الهندية، وأمريكا اللاتينية وجنوب شرق آسيا، والشرق الأوسط وأفريقيا الشمالية. بتوفير معدات الطاقة المؤقتة التي تعمل على أنواع من الوقود مثل الديزل والغاز الطبيعي والوقود المزدوج تتميز شركة الطاقة جلوبال بقدرتها على الإمداد السريع وتوفير الحلول لمحطات الطاقة المؤقتة وتوفير الكهرباء في أي وقت وفي أي مكان حيث كان لازماً.

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نبذة عن مجموعة زاهد

تمثل مجموعة زاهد تشكيلة متنوعة من الشركات وتعرض خدمات متكاملة وحلولاً تلبي متطلبات العملاء في العديد من القطاعات المزدهرة. ومن بين هذه القطاعات التي تقدم لها المجموعة خدماتها؛ قطاع البناء والتعدين؛ والنفط والغاز؛ الزراعة؛ توليد الطاقة والكهرباء والمياه ومعالجة المواد؛ ومواد البناء؛ النقل والمواد اللوجستية؛ التطوير العقاري؛ السياحة والسفر؛ إدارة المخلفات وإعادة التدوير؛ والفنادق.

http://www.zahid.com

استفسارات صحفية

روبرت باجاتسنج

شركة الطاقة جلوبال

هاتف: 1749505 56 971+

rbagatsing@altaaqaglobal.com

طلبات القراء

Altaaqa Global

Marketing Department

P.O. Box 262989

Dubai, United Arab Emirates

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