Kuwait Energy Profile for Electrical Power Generation

Abstract

The State of Kuwait, a major oil exporter, consumes a huge
amount of its natural hydrocarbon resources to meet the rising de-
mand for electricity. The forecasting of domestic energy demand and
optimal allocation of energy resources are necessary requirements for
a balanced energy policy. This article assesses the energy resources
profile of Kuwait in order to reveal the potential base and level of uti-
lization of resources. The analysis of the energy profile indicates that,
in 2009, Kuwait had proven crude oil reserves of 104 billion barrels
and 63 trillion cubic feet of natural gas reserves. Heavily sustained,
subsidized electricity and water prices are the main factors behind the
rise in irrational consumption (demand). The analysis revealed that the
installed capacity of electricity and water supply can barely meet the
rising demand. The article proposes sustainable strategies regarding
the energy resources required for generating electricity. The strategic
thrusts for the energy policy should now be centered on venturing
into alternative energy, restructuring the low prices charged for elec-
tricity and water, diversifying sources of income in the economy, and
determining the role of natural gas in the energy balance forecast