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WEPower, set to take place in Dammam in April 2015, will bring together local and international suppliers and technology providers to discuss major water and power projects in Saudi Arabia
Held at Dhahran International Exhibitions Centre, the forum is this year celebrating its 11th edition and will deliver a strategic conference alongside a global exhibition, with international public and private organisations set to meet to address the kingdom’s huge growth in demand for water, electricity and power.
Known primarily on the international stage for its extensive oil and gas reserves, Saudi Arabia is investing heavily in its energy and water infrastructure as it looks to move its hydrocarbon resources away from domestic consumption in order to increase oil and gas exports.
According to WEPower organisers BME Global, electricity use in Saudi Arabia is increasing at a rate of about 7.5 per cent annually, and the country is planning to invest US$26bn in 76 renewable energy projects across the country.
The state-run Saudi Saline Water Conversion Corporation (SWCC) has plans in place to invest US$80bn by 2025 on boosting energy-intensive desalinated water production to 8.5 million cubic metres a day, and is also attempting to double energy efficiency from its current level of about 26-27 per cent to 54-55 per cent.
New for 2015
Among the new features for 2015 available to exhibitors and delegates will be a speaking slot for exhibitors booking an exhibition space above 36 sqm, a delegate place for exhibitors booking an exhibition space over 18 sqm, and site tours for selected VIPs and guests.
There will also be a new presentation theatre in which exhibitors will be able to showcase their products and services, as well as a brand new exhibition layout.
Visitors to WEPower 2015 will be able to find out more information on the country’s plans to generate a third of its electricity supply by 2032 via renewable and nuclear energy sources. Opportunities are also extensive within the transformers market, which is set to grow at a compound annual growth rate (CAGR) of 24 per cent up until 2018
Investment in natural gas-related projects in kingdom currently stands at approximately US$50bn
and with subsidies for water, electricity and gasoline currently costing the government SAR135bn (US$35.9bn) annually, there will be a host of opportunities for service and technology providers at the event, along with all the latest information for engineers, business development professionals and general managers working within the power and water industry.
A large percentage of visitors will include the key decision makers from a range of companies within the sector, with international visitors from across the world also in attendance.
To find out more about WEPower, visit: www.wepower-sa.com