Real estate and industry to drive energy demand
??Electrical power capacity is forecast to increase by 49% by 2019, to meet a 9% per capita increase in consumption.
The increased consumption is underpinned by a growing real estate industry and energy intensive industrial development.
Power consumption is projected to reach 220 terawatt-hours per year by the end of the forecast period with a per capita consumption increase of 9 per cent, according to data provided by Riyadh Exhibitions Company.
An official statement released by the Saudi cabinet at the end of last month confirmed an agreement had been signed between the Kingdom and France to develop a nuclear energy programme.
The agreement was signed by Hashim Yamani, President of the King Abdullah City for Atomic and Renewable Energy, and French Minister of Industry Eric Besson.