saudi arabia electricity consumption 2019

The high variation in temperature produces strong variance in electricity demand over the year resulting mainly from high demand of electricity … May 21, 2018 United States remains the world’s top producer of petroleum and natural gas hydrocarbons. Despite relatively low oil prices, it was the largest budget ever: $295 billion. During the summer months, Saudi Arabia’s electricity consumption increases as domestic demand for air conditioning rises. SEC and Saudi Aramco held adequate fuel inventory to avoid any disruption in supply. This translates into installing 5GW in capacity and distribution infrastructure each year through 2020. Electricity consumption in Saudi Arabia in 2017, by sector (in billion U.S. dollars) [Graph]. A five-year survey data issued by the General Authority for Statistics (GASTAT) showed that the average monthly income for Saudi families amounted to SAR 14,820 in 2018, up 8.9% from 2013’s income of SAR 11,980. The majority of this power is used for air conditioning and cooling systems due to the climate in the Kingdom, where the demand for energy increases dramatically in the hot summer months. Absent the shutdown of older plants, a host of new SEC plants and independent power producer (IPP) projects under development could take total Saudi capacity close to 100GW by end-2022 (see chart 1). Absent the shutdown of older plants, a host of new SEC plants and independent power producer (IPP) projects under development could take total Saudi capacity close to 100GW by end-2022 (see chart 1). Economena Analytics. of electric energy per year. Issues & Prospects. Profit from additional features by authenticating your Admin account. In 2008, total electricity generation accounted for 20,261 TWh (20.26 PWh), while 3,464 TWh (3.46 PWh) were self-consumption and losses and 16,816 TWh (16.82 PWh) went to final consumption. Consumption per capita is very high, reaching 6 toe in 2019, including about 8 MWh of electricity. Economena Analytics. Information Table Analyze Cross Table Export API. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Electricity consumption in Saudi Arabia 2017, by sector Global hydropower companies by installed capacity 2018 Mexico's electricity capacity additions forecast by technology 2016-2030 It is estimated that the Kingdom needs to increase power-generation capacity from 82GW in 2018 to 160GW in 2040. As of 2019, the maximum load of electricity in Saudi Arabia was approximately 62 gigawatts. In 2008, total electricity generation accounted for 20,261 TWh (20.26 PWh), while 3,464 TWh (3.46 PWh) were self-consumption and losses and 16,816 TWh (16.82 PWh) went to final consumption. In … The country aims to double its gas production capacity in ten years from 120 bcm/year to more than 200 bcm/year in 2025. Literature indicates that commercial/residential buildings in Saudi Arabia consume an estimated 10–40% of the total electric energy generated. (2020). In, General Authority for Statistics (Saudi Arabia). If Saudi Arabia increases oil production, then oil GDP growth would be higher (as would export and fiscal revenues). As of 2019, the volume of consumed electricity in Saudi Arabia was about 288.6 terawatts per hour. Saudi Arabia's economy is petroleum-based; oil accounts for 90% of the country's exports and nearly 75% of government revenue. To achieve this, the government is looking to make a yearly investment of approximately $5 billion in … An agreement was reached in January 2019 to develop a new power connectivity project between Saudi Arabia and Jordan. Saudi Arabia plans to reduce domestic consumption of liquid hydrocarbons by 1 million b/d for use in a better way , the kingdom s Energy Minister Prince Abdulaziz bin Salman said on March 16. Makkah is the top region by consumption of electricity in winter in Saudi Arabia. Literature indicates that commercial/residential buildings in Saudi Arabia consume an estimated 10–40% of the total electric energy generated. Saudi Arabia faces an enormous task in expanding its power-generation capacity. September 12, 2018 The United States is now the largest global crude oil producer. For comparison, the average price of electricity in the world for that period is 0.138 U.S. Dollar per kWh for households and 0.124 U.S. Dollar for businesses. Saudi Arabia faces an enormous task in expanding its power-generation capacity. Saudi Arabia is the world's leading oil producer and exporter. Factors such as increasing … In Statista. As a Premium user you get access to background information and details about the release of this statistic. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. The Kingdom of Saudi Arabia’s households account for around 50% of national power consumption, with more than 7 million residential customers in 2017. A paid subscription is required for full access. Saudi Arabia, September 2020: The price of electricity is 0.048 U.S. Dollar per kWh for households and 0.069 U.S. Dollar for businesses which includes all components of the electricity bill such as the cost of power, distribution and taxes. ", General Authority for Statistics (Saudi Arabia), Electricity consumption in Saudi Arabia from 2012 to 2019 (gigawatts per hour) Statista, https://www.statista.com/statistics/975244/saudi-arabia-electricity-consumption/ (last visited May 12, 2021), Electricity consumption in Saudi Arabia from 2012 to 2019, Global electricity consumption by region 2018, Global renewable electricity generation 2019, by region, Volume of power generation capacity in the Middle East 2016-2035, Volume of power generation demand in the Middle East 2016-2035, Installed capacity of renewable energy in GCC 2009-2018, Consumption of electricity in the GCC by member state 2015, Electricity consumption in Saudi Arabia 2012-2019, Power station electricity consumption in Kuwait 2004-2017, Installed capacity of renewable energy in GCC by type 2018, Estimated capacity of renewable energy in GCC by type 2030, Share of renewable energy jobs in GCC 2030 by country, Estimated capacity of renewable energy in GCC by country 2030, Residential electricity consumption in Saudi Arabia 2012-2018, Governmental electricity consumption in Saudi Arabia 2012-2018, Industrial electricity consumption in Saudi Arabia 2012-2018, Electricity consumption in Saudi Arabia 2018 by sector, Commercial electricity consumption in Saudi Arabia 2012-2018, Brazil: residential electricity consumers 2013-2018, Brazil: per capita electricity consumption 2019, by region, Brazil: industrial electricity consumption 2013-2018, Brazil: electricity consumption 1980-2014, Brazil: residential electricity consumption 2013-2018, Brazil: commercial electricity consumption 2013-2018, Average yearly electricity use of various appliances in England 2011, Electricity consumption Dubai 2019, by sector, Chile: final energy consumption 2018, by region, Electricity consumption forecast in Austria 2010-2025, Electricity consumption forecast in Tunisia 2010-2025, Electricity consumption per capita forecast in Lithuania 2010-2025, Consumption of electricity in industry in Finland 2017, by industry branch, Electricity consumption forecast in Latvia 2010-2025, Electricity consumption in Saudi Arabia from 2012 to 2019 (gigawatts per hour), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 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