MENA Electricity Prices: Sustained Low Electricity Prices in the GCC Amid Rising Prices Across Rest Of MENA
Power / Middle East / Wed 22 May, 2024
Key View
- The Gulf Corporation Council markets will continue to have the lowest electricity prices in the MENA region, due to large energy subsidies.
- We expect residential users to pay higher prices than industrial and commercial users over 2024 as MENA governments prioritise economic growth, competitiveness, and job creation.
- Oman is expected to