Insight
Beating the heat: Flickering power reliability in a warming Middle East
Report summary
With the increasing frequency and intensity of extreme temperatures across the Middle East brought on by climate change, unreliable and chronically undercapitalized power sectors will feel the heat as they struggle to maintain reliable service. These vicious cycles are most keenly experienced in Iraq, Lebanon, Iran, Syria and Palestine (Gaza), where outage hours, capacity shortfalls and unremunerated generation have spiked in response to high temperatures and other macro-level factors straining grids. Fragile grids are a major bottleneck to the decarbonization of power, make power sector reforms difficult, are poorly positioned to provide resilience in the face of rising temperatures, and perpetuate civil unrest. Building climate change resiliency into the future of dysfunctional and underperforming utilities will be necessary to remove this bottleneck to decarbonization in the region.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Middle East product markets short-term outlook May 2024
This monthly update incorporates price forecasts/differentials, crude runs, refining margins and supply-demand balances through to end-2025.
$1,900
Commodity Market Report
Global products market weekly: Distillates remain weak as fuel oil supports margins
Weekly review of global refining margins across NW Europe, the Med, US Gulf Coast, New York Harbour, Singapore and the Middle East Gulf.
$1,050
Commodity Market Report
Global products market weekly: Middle distillates continue to slide as inflationary concerns persist
Weekly review of global refining margins across NW Europe, the Med, US Gulf Coast, New York Harbour, Singapore and the Middle East Gulf.
$1,050