迪拜水利电力局PJSC市场前景及投资研究报告-培训课件外文版2024.6风电光伏储能

COMPANIES

&

PRODUCTSDubaiElectricityandWaterAuthority(DEWA)PJSCCHAPTER

01RegionaloverviewLeadingutilitiesbrandsbasedonbrandvalueintheMiddleEastin2023(inmillionU.S.dollars)LeadingutilitiesbrandsbasedonvalueMiddleEast2023BrandvalueinmillionU.S.dollars600

80002004001,0001,2001,4001,600SaudiElectricityCompanyDEWA1,4101,049TAQA1,029ACWAPowerEmpower1821193Description:In2023,amongutilitiesbrandsintheMiddleEast,thebrandvalueofSaudiElectricityCompanywasthehighest,valuingtoapproximately1.4billionU.S.dollars.Thesourcealsorevealed,between2022and2023,DEWAsawover30percentincreaseinthebrandvalue.ReadmoreNote(s):MENA;2023Source(s):BrandFinanceValueofactiveutilitiesprojectsintheGulfCooperationCouncilcountriesin2022,bytype(inbillionU.S.dollars)ValueofactiveutilitiesprojectsGCC2022,bytype250205.620015010056.25022.38.50PlantDistributionnetworkInfrastructureDam/Reservoir4Description:ThevalueofactiveplantsprojectsintheGulfCooperationCouncil(GCC)reachedaround206billionU.S.dollarsin2022.Distributionnetworkactiveprojectscamesecondatavalueofaround56billionU.S.dollars.ThetotalnumberofactiveutilityprojectsintheGCCin2022wasaroundtwothousandactiveprojectsvaluedataround293billionU.S.dollars.ReadmoreNote(s):MENA;2022Source(s):BNCNetwork;GreatMindsEventManagement;MENADesalinationProjectsTotalrevenueofelectricitytransmissionanddistributionmarketintheMiddleEastandAfricaregionfrom2019to2021,withforecaststo2030(inbillionU.S.dollars)ElectricitytransmissionanddistributionmarketrevenueMEA2019-203017.516.7416.515.514.513.512.511.516.1315.5314.9614.4113.9113.4613.0812.78201912.7612.51202112.3420202022*2023*2024*2025*2026*2027*2028*2029*2030*5Description:In2021,thetotalrevenueoftheelectricitytransmissionanddistributionmarketintheMiddleEastandAfrica(MEA)regionamountedtoapproximately12.5billionU.S.dollars.Therevenuewasforecasttoincreasesignificantlyoverthenextdecade,exceeding16.7billionU.S.dollarsby2030.ReadmoreNote(s):Africa,MENA;2019to2021;*ForecastReadmoreSource(s):SECFilings;TheBrainyInsightsRevenueofelectricitytransmissionanddistributionintheMiddleEastandAfricaregionfrom2019to2021,withforecaststo2030,byuser(inbillionU.S.dollars)ElectricitytransmissionanddistributionrevenueMEA2019-2030,byuserCommercialIndustrial6.27Residential6.49Other9.08.07.06.05.04.03.02.01.00.07.917.67.37.026.746.085.895.925.795.74.423.834.293.674.153.514.033.363.93.793.093.692.973.612.743.612.873.542.783.472.663.53.222.710.540.510.510.520.520.530.540.540.550.560.570.582019202020212022*2023*2024*2025*2026*2027*2028*2029*2030*6Description:In2021,therevenueofelectricitytransmissionanddistributionforindustrialuseintheMiddleEastandAfrica(MEA)regionwasover5.8billionU.S.dollars.Thetotalelectricitytransmissionanddistributionrevenueintheregionwasforecasttoincreasesignificantlyoverthenextdecade,exceeding16.7billionU.S.dollarsby2030.ReadmoreNote(s):Africa,MENA;2019to2021;*ForecastReadmoreSource(s):SECFilings;TheBrainyInsightsShareofprivatesectorenergyinvestmentsintheMiddleEastandNorthAfricabetween2022and2026,bycountryPrivatesectorenergyinvestmentsMENA2022-2026,bycountryShareofenergyinvestments0%10%20%30%40%50%60%70%80%MoroccoOman74%71%JordanLebanonIraq62%46%40%Iran33%32%EgyptAlgeriaBahrainUAE28%23%22%SaudiArabiaLibya15%14%TunisiaQatar5%3%7Description:From2022to2026,theshareofprivatesectorenergyinvestmentsintheMiddleEastandNorthAfrica(MENA)regionwasthehighestinMorocco,valuingto74percent.Comparatively,duringtheexaminedperiod,theshareofprivatesectorenergyinvestmentinQataramountedtothreepercent.ReadmoreNote(s):MENA;2022Source(s):APICORP;MEED;ProleadsCHAPTER

02FinancialsTotalrevenueofDubaiElectricityandWaterAuthorityPJSCfrom2019to2023(inbillionUAEdirhams)TotalrevenueDEWA2019-202335302529.1827.3423.8222.8922.2620151050201920202021202220239Description:In2023,totalrevenueofDubaiElectricityandWaterAuthorityamountedtoaround29.18billionUAEdirhams.Thisindicatedanincreasecomparedtoapproximately27billionAEDrecordedinthepreviousyear.

ReadmoreNote(s):UnitedArabEmirates;2019to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubai;KPMGInternationalProfitoftheyearofDubaiElectricityandWaterAuthorityPJSCfrom2019to2023(inbillionUAEdirhams)ProfitoftheyearDEWA2019-2023988.057.93765432106.646.555.312019202020212022202310Description:In2023,profitoftheyearofDubaiElectricityandWaterAuthorityamountedtoabout7.9billionUAEdirhams.ThisindicatedaslightdecreasecomparedtoapproximatelyeightbillionAEDrecordedinthepreviousyear.ReadmoreNote(s):UnitedArabEmirates;2019to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubai;KPMGInternationalTotalassetsofDubaiElectricityandWaterAuthorityPJSCfrom2019to2023(inbillionUAEdirhams)TotalassetsofDEWADubai2019-2023200180.75181.16180169.41159.9216014012010080150.3260402002019202020212022202311Description:In2023,totalassetsofDubaiElectricityandWaterAuthorityamountedtoaround181billionUAEdirhams.Thisindicatedanincreasecomparedtoapproximately169billionAEDrecordedin2021.ReadmoreNote(s):UnitedArabEmirates;2019to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubai;KPMGInternationalTotalliabilitiesofDubaiElectricityandWaterAuthorityPJSCfrom2019to2023(inbillionUAEdirhams)TotalliabilitiesDEWA2019-20231009088.2888.268075.4468.9670605040302010061.72019202020212022202312Description:In2023,totalliabilitiesofDubaiElectricityandWaterAuthorityamountedtoaround88.26billionUAEdirhams.Thisindicatedanincreasecomparedtoapproximately75.44billionAEDrecordedin2021.ReadmoreNote(s):UnitedArabEmirates;2019to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubai;KPMGInternationalCHAPTER

03ElectricalsupplyTotalrevenueoftheelectricitytransmissionanddistributionmarketintheUnitedArabEmiratesfrom2019to2021,withforecaststo2030(inbillionU.S.dollars)ElectricitytransmissionanddistributionmarketrevenueUAE2019-20303.93.73.743.593.443.53.33.12.92.72.53.293.163.032.922.822.742.72.672.622019202020212022*2023*2024*2025*2026*2027*2028*2029*2030*14Description:In2021,thetotalrevenueoftheelectricitytransmissionanddistributionmarketintheUnitedArabEmirates(UAE)amountedtoalmost2.7billionU.S.dollars.Therevenuewasforecasttoincreaseoverthenextdecadetoreachabout3.74billionU.S.dollarsby2030.ReadmoreNote(s):UnitedArabEmirates;2019to2021;*ForecastReadmoreSource(s):SECFilings;TheBrainyInsightsInstalledpowergenerationcapacityofDubaiElectricityandWaterAuthorityintheUnitedArabEmiratesfrom2014to2023(inmegawatts)InstalledpowergenerationcapacityofDEWAUAE2014-202317,50016,27016,50015,50014,50013,50012,50011,50010,5009,50014,51713,41712,30011,400201910,690201810,200201710,00020169,65620149,65620158,500202020212022202315Description:In2023,theinstalledpowergenerationcapacityofDubaiElectricityandWaterAuthorityintheUnitedArabEmirateswas16.2gigawatts.ThenumberofelectricityconsumersinDubaiexceededonemillioninthesameyear.ReadmoreNote(s):UnitedArabEmirates;2014to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiInstalledpowergenerationcapacityofDubaiElectricityandWaterAuthorityintheUnitedArabEmiratesin2023,bytype(inmegawatts)InstalledpowergenerationcapacityofDEWAUAE2023,bytypeInstalledcapacityinmegawatts05,00010,00015,00020,00025,000GasturbinesSteamturbinesSolarphotovoltaicTotal8,5285,11522,62716,27016/statistics/857382/uae-installed-power-generation-capacity-of-dewa-by-typeAsof2023,theinstalledpowergenerationcapacityofDubaiElectricityandWaterAuthority(DEWA)intheUnitedArabEmiratesthroughgasturbineswasalmost8.5gigawatts.Thetotalinstalledcapacityintheemiratereached16.2gigawattsinthatyear.ReadmoreNote(s):UnitedArabEmirates;2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiInstalledrenewablepowergenerationcapacityatMuhammadbinRashidAlMaktoumsolarparkintheUnitedArabEmiratesfrom2014to2023(inmegawattsofACpower)InstalledrenewablepowergenerationcapacityUAE2014-20233,0002,6272,5002,0272,0001,5271,5001,0101,0007104105000210101010201420152016201720182019202020212022202317Description:In2023,theinstalledcapacityofrenewablepowergenerationattheMuhammadbinRashidAlMaktoumsolarparkintheUnitedArabEmiratesexceeded2.6gigawattsofACpower.ThenumberofelectricityconsumersinDubaiwasmorethanonemillioninthesameyear.ReadmoreNote(s):UnitedArabEmirates;2014to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiCHAPTER

04ElectricaldemandConsumptionofelectricityinDubaifrom2014to2023(ingigawatthours)ElectricityconsumptioninDubai2014-202360,00056,51655,00050,00045,00040,00035,00030,00053,18050,40145,71245,38044,57040,15338,204201637,200201535,168201433,1452013201720182019202020212022202319Description:In2023,thetotalelectricityconsumptionintheemirateofDubaiintheUnitedArabEmirateswasabout56.52terawatthours.Thelargestshareofelectricityconsumptionthatyearwasinthecommercialsector,atabout50percent.

ReadmoreNote(s):UnitedArabEmirates;2014to2023Source(s):DubaiElectricityandWaterAuthority;DubaiStatisticsCenterConsumptionofelectricityinDubaiin2023,bysector(ingigawatt-hours)ElectricityconsumptionDubai2023,bysector30,00027,36825,00020,00016,72415,00010,0004,5884,3185,00002,489CommercialResidentialPowerstationanddesalinationauxillaryOther*Industrial20Description:In2023,thetotalconsumptionofelectricitybythecommercialsectoroftheemirateofDubaiintheUnitedArabEmiratesexceededapproximately27terawatt-hours.ThenumberofelectricityconsumersinDubaiexceededonemillionconsumersinthesameyear.ReadmoreNote(s):UnitedArabEmirates;2023;*Othersectorsincludemosques,policestations,governmenthospitals,governmentschools,DEWAoffices,andstaffpremises.

ReadmoreSource(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiPeakpowerdemandofDubaiElectricityandWaterAuthorityintheUnitedArabEmiratesfrom2014to2023(inmegawatts)PeakpowerdemandofDEWAUAE2014-202312,00010,00010,4089,5499,2409,0748,5078,5168,2327,9827,6968,0006,0004,0002,00007,233201420152016201720182019202020212022202321Description:In2023,thepeakpowerdemandofDubaiElectricityandWaterAuthorityintheUnitedArabEmirateswastengigawatts.ThenumberofelectricityconsumersinDubaiexceededonemillioninthesameyear.ReadmoreNote(s):UnitedArabEmirates;2014to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiNumberofelectricityconsumersinDubaifrom2014to2023(in1,000s)ElectricityconsumersDubai2014-20231,3001,173.631,2001,1001,0009001,116.571,061.48990.26915.62844.92796.762017800752.512016708.152015677.75201470060020182019202020212022202322Description:In2023,thetotalnumberofelectricityconsumersintheemirateofDubaiintheUnitedArabEmiratesexceededonemillioncustomers.Thelargestshareofcustomersinthatyearwereresidentialatalmost78percent.

ReadmoreNote(s):UnitedArabEmirates;2014to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiDistributionofelectricitycustomersinDubaiintheUnitedArabEmiratesin2023,bysectorShareofelectricitycustomersinDubaiUAE2023,bysector90%77.86%80%70%60%50%40%30%20%10%0%19.95%1.91%Other0.28%ResidentialCommercialIndustrial23/statistics/1306331/uae-share-of-energy-consumers-dubai-by-sectorIn2023,theshareofresidentialelectricityconsumersintheemirateofDubaiintheUnitedArabEmiratesexceeded77percent.Theelectricityconsumedbythecommercialsectorinthatyearwasabout20percentoftheemirate'stotalconsumption.ReadmoreNote(s):UnitedArabEmirates;2023Source(s):DubaiElectricityandWaterAuthorityCHAPTER

05WaterWaterconsumptioninDubaiintheUnitedArabEmiratesfrom2016to2023,bysource(inmillionimperialgallons)WaterconsumptioninDubaiUAE2016-2023,bysourceDesalinatedwaterGroundwater160,000140,000120,000100,00080,00060,00040,00020,0000416585559477466464460466144,133136,977128,606124,556126,121125,685120,810116,8632016201720182019202020212022202325Description:In2023,theconsumptionofdesalinatedwaterintheemirateofDubai,UnitedArabEmirates(UAE),ꢀexceededꢀ144billionimperialgallons.Residentialconsumptionaccountedforthemajorityoftotalconsumptionthatyear.ReadmoreNote(s):UnitedArabEmirates;2016to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiWaterconsumptioninDubaiintheUnitedArabEmiratesin2023,bysector(inmillionimperialgallons)WaterconsumptioninDubaiUAE2023,bysectorConsumptioninmillionimperialgallons30,000

40,000

50,000010,00020,00060,00070,00080,00090,000ResidentialCommercial83,59337,682Industrial

3,375Others*8,25826/statistics/1306272/uae-total-water-consumption-of-dubai-by-sectorIn2023,theresidentialsectorintheEmirateofDubaiintheUnitedArabEmiratesregisteredthehighestwaterconsumption,surpassing83.5billiongallons.Theoverallwaterconsumptionintheemirateforthatyearexceeded132billionimperialgallons.ReadmoreNote(s):UnitedArabEmirates;2023;*Others:Non-Commercial(Mosques,PoliceStations,GovernmentHospitals,GovernmentSchools,DEWAOffices,StaffPremises,etc.)

ReadmoreSource(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiNumberofwaterconsumersinDubaiintheUnitedArabEmiratesfrom2016to2023(in1,000s)NumberofwaterconsumersDubaiUAE2016-20231,1001,0501,0009501,048.91995.47960.03884.4900850816.58800750.62018750705.382017700650600666.4320162019202020212022202327Description:In2023,thetotalnumberofwaterconsumersintheemirateofDubaiintheUnitedArabEmiratesexceededonemillioncustomers.Thelargestshareofcustomersinthatyearwereresidentialatalmost85percent.

ReadmoreNote(s):UnitedArabEmirates;2016to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiAnnualdesalinationwaterpeakdemandofDubaiElectricityandWaterAuthorityintheUnitedArabEmiratesfrom2014to2023AnnualdesalinationwaterpeakdemandDEWAUAE2014-2023450428408400350300250200150100503803793783683623473373160201420152016201720182019202020212022202328Description:In2023,theannualdesalinationwaterpeakdemandofDubaiElectricityandWaterAuthorityintheUnitedArabEmirateswas428millionimperialgallonsperday(MIGD).Itwasanincreasefromthepreviousyear,inwhichitwasaround408millionimperialgallonsperday.ReadmoreNote(s):UnitedArabEmirates;2014to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiInstalledcapacityofdesalinationplantsintheUnitedArabEmiratesin2021,byauthority(inmillioncubicmetersperday)CapacityofdesalinationfacilitiesintheUAEbyauthority2021Capacityinmillioncubicmetersperday0.00.51.01.52.02.53.03.54.04.5AbuDhabiWater&ElectricityAuthorityDubaiElectricity&WaterAuthoritySharjahElectricity&WaterAuthorityEtihadWater&Electricity4.142.390.440.3629Description:In2021,thehighestinstalledcapacityofdesalinationwaterplantswastheAbuDhabiWaterandElectricityAuthoritywith4.14millioncubicmetersperday.ThetotalinstalledcapacityofdesalinationwaterplantsintheUnitedArabEmiratesforthesameyearwas7.33millioncubicmetersperday.ReadmoreNote(s):UnitedArabEmirates,MENA;2021Source(s):FCSA(UAE);MinistryofEnergy&Infrastructure(UAE)InstalledcapacityofwaterdesalinationplantsofDubaiElectricityandWaterAuthorityintheUnitedArabEmiratesfrom2014to2023(inmillionimperialgallonsperday)InstalledcapacityofwaterdesalinationplantsDEWAUAE2014-20236004954904905004003002001000470470470470470470470201420152016201720182019202020212022202330/statistics/1394948/uae-installed-capacity-of-water-desalination-plants-dubaiIn2023,theinstalledcapacityofwaterdesalinationplantsofDubaiElectricityandWaterAuthorityintheUnitedArabEmirateswas495millionimperialgallonsperday(MIGD).Itremainedconstantat470MIGDfromtheyearsbetween2012to2020.ReadmoreNote(s):UnitedArabEmirates;2014to2023Source(s):DubaiElectricityandWaterAuthority;GovernmentofDubaiDubaiElectricityandWaterAuthority'swaterproductionvolumeintheUnitedArabEmiratesfrom2008to2021(inmillioncubicmeters)*VolumeofproducedwaterbytheDEWAintheUAE2008-2021600567.9560.8548.4550.9531.6523.03508.3485.325004003002001000457.57450.39443.23434.63427.17414.872008200920102011201220132014201520162017201820192020202131Description:In2021,thewaterproductionoftheDubaiElectricityandWaterAuthorityintheUnitedArabEmirateswasabout568millioncubicmeters,aslightincreasefromthepreviousyear.ThetotalvolumeofwaterproductionintheUnitedArabEmiratesforthatyearwastwobillioncubicmeters.ReadmoreNote(s):UnitedArabEmirates,MENA;2008to2021;*ProducedwaterincludedesalinatedwaterandgroundwaterbutnottheprovidedwaterfromotherentitiesReadmoreSource(s):FCSA(UAE);MinistryofEnergy&Infrastructure(UAE)CHAPTER

06InitiativesinUAETop10energyinvestmentprojectsbasedonvalueintheUnitedArabEmiratesbetween2022and2026,byproject(inbillionU.S.dollars)ValuebasedenergyinvestmentprojectsUAE2022-2026,byprojectValueinbillionU.S.dollars0123456789ADNOCLNG-fujairahLNGexportterminalADNOC/DUSUP-jebelaligasreservoirproject7.954.91ADNOC-Hailandghashasourgasdevelopment:package4ADNOC/TAQA-sub-seapowertransmissionnetwork3.212.972.972.582.251.96Noorenergy1-mohammedbinrashidAlmaktoumsolarpark950MWCSP(Phase4)ADNOCoffshore-lowerzakumlong-termdevelopmentplan:phase-1Aldhafrapetroleum-halibaoilfielddevelopmentADPC/TAQA-2GWsolarfarmADNOC-hailandghashasourgasdevelopment:package1Taziz/fertiglobe-taziz:blueammoniaproductionfacility1.921.8733Description:Between2022and2026,amongotherenergyinvestmentprojectsintheUnitedArabEmirates(UAE),ADNOCLNGFujairahLNGexportterminalprojecthadthehighestvalueamountingtoalmosteightbillionU.S.dollars.ReadmoreNote(s):UnitedArabEmirates;2022to2026Source(s):APICORPTotalrevenueofthegreenammoniamarketintheUnitedArabEmiratesfrom2019to2021,withforecaststo2030(inmillionU.S.dollars)GreenammoniamarketrevenueUAE2019-20303530252028.6915151057.844.132.21.20.670.230.380.10.090.1402019202020212022*2023*2024*2025*2026*2027*2028*2029*2030*34Description:In2021,thetotalrevenueofthegreenammoniamarketintheUnitedArabEmirates(UAE)amountedtoapproximately0.14millionU.S.dollars.Therevenuewasforecasttoincreasesignificantlyoverthene