Energy
Yemen’s state-owned Public Electricity Corporation(PEC) operates an estimated 80 percent of the country’s electricity generating capacity (810–900 megawatts) as well as the national power grid. Over the past 10 years, the government has considered various means of alleviating the country’s significant electricity shortage, including restructuring the PCE, integrating the power sector through small-scale privatization of power stations, creating independent power projects (IPPs), and introducing gas-generated power plants to free up oil supplies for export. However, because of inadequate infrastructure, large-scale IPPs and privatization proposals have failed to materialize, although several smaller-scale projects in Al Mukalla and Aden have been completed, and contracts have been signed for future projects. In 2004 Yemen’s diesel-run power plants generated 4.1 billion kilowatt-hours of electricity, a level of production that is insufficient to maintain a consistent supply of electricity. Although demand for electricity increased 20 percent between 2000 and 2004, it is estimated that only 40 percent of the total population has access to electricity from the national power grid, and supply is intermittent. To meet this demand, the government plans to increase the country’s power generating capacity to 1,400 megawatts by 2002.
Read more about this topic: Economy Of Yemen
Famous quotes containing the word energy:
“The very presence of guilt, let alone its tenacity, implies imbalance: Something, we suspect, is getting more of our energy than warrants, at the expense of something else, we suspect, that deserves more of our energy than we’re giving.”
—Melinda M. Marshall (20th century)
“Perhaps catastrophe is the natural human environment, and even though we spend a good deal of energy trying to get away from it, we are programmed for survival amid catastrophe.”
—Germaine Greer (b. 1939)
“The chief function of the city is to convert power into form, energy into culture, dead matter into the living symbols of art, biological reproduction into social creativity.”
—Lewis Mumford (1895–1990)