Middle East Electricity, the largest and longest running energy event in the region is set for a grand opening tomorrow (February 17) in Dubai, as a record number of exhibitors prepare to showcase their products and services in a region desperate for more power.
More than 1,100 exhibitors from 60 countries will be out in force at the three-day Middle East Electricity event, which runs till February 19 at the Dubai International Convention and Exhibition Centre.
These firms will be looking to capitalise on a booming regional power sector, led by the GCC nations.
According to a recent report by the Kuwait Financial Centre, Gulf countries are surging ahead with 430 power projects valued at $227 billion, with 230 of those currently under planning.
The report, called 'GCC Power 2012,' stated that the six Gulf states are expected to spend $46.2 billion on future power projects by 2015, adding an additional 24,395 Megawatts (MW) of capacity to their power grids – an increase of between 7-8 per cent annually.
Reflecting the impressive opportunities available in the region, the 38th edition of Middle East Electricity has also seen 20 per cent growth in exhibitor space this year dedicated to power generation companies.
Major names including Caterpillar, Cummins, FPT Industrial, Himoinsa, Perkins, Scania, SDMO, Volvo MTU, and Yanmar, will all be taking part, as they look to showcase their wares to an audience of more than 15,000 key decision makers.
Held under the patronage of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Dubai Deputy Ruler, Middle East Electricity is the region’s leading energy event that focuses on power, lighting, renewable, and nuclear sectors.
The dedicated show will feature 17 International Country Pavilions, with the German Pavilion in particular having a strong presence in 2013, having increased by 19 per cent in size year-on-year.
The other country pavilions include Austria, Canada, China, Finland, France, India, Italy, Korea, Spain, Taiwan, Turkey, UK, and the US.
Anita Mathews, the director of Informa Energy Group, the event organisers said: “The GCC’s power infrastructure sector is witnessing a surge of fresh investment, as power supply strives to catch up with the rapidly increasing consumption rate, which has been growing steadily at nine per cent across the region since 2002.”
“As power demand continues to grow, so too does Middle East Electricity and we have reached a number of milestones this year as the event expands and continues to diversify its offerings to a wider stakeholder base,” Mathews noted.
One milestone is the co-location of Middle East Electricity with the inaugural edition of Solar Middle East exhibition and conference, also organised by Informa Energy Group, and introduced in response to the large amount of exhibitors at Middle East Electricity dedicated to solar technologies, she stated.
With more than 100 solar companies taking part, Solar Middle East will be the largest ever gathering of solar technology suppliers and service providers ever seen in the region, eager to tap into a booming Mena solar market.
Also introduced for the first time at Middle East Electricity in partnership with Dubai Municipality is the Green Energy Middle East Conference – a one-day forum on Monday 18 February outlining new building regulations to reduce carbon emissions and improve energy efficiency across Dubai in 2013 and beyond.
Middle East Electricity returns with regular popular features, the Middle East Electricity Awards, taking place on the opening night of the show, and the free-to-attend technical seminars, where a selection of exhibitors will present latest innovations and products to visitors over the three days on the show floor.
Middle East Electricity 2013 is the partner event to Power + Water Middle East in Abu Dhabi and Africa Electricity in Johannesburg, and Power Nigeria in Lagos.-TradeArabia News Service