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Analysis of the power market scenario in Saudi Arabia in addition to an in-depth study of the active thermal power plants in the country, upcoming thermal installation details, and major equipment market size and company snapshots of some of the major market participants provides a future outlook of the industry with forecasts up to 2025. Key policies and regulatory framework supporting thermal power development assist in identifying key growth and investment opportunities in Saudi Arabia thermal power market. Company snapshots of some of the major market participants in the country facilitate understanding and responding to competitors business structure, strategy and prospects.

Power industry statistics suggest that thermal power accounts for the majority of global electricity generation and is expected to continue its dominance in the future as well. Thermal power is the most reliable source of power generation as the power produced through this source is at a higher capacity factor as compared to renewable plants. Though fossil fuel fired plants pollute air, moving away completely from thermal power to alternative energy is not suitable approach to ensure energy security. Therefore, continued growth of thermal power is the only way to meet the rising electricity demand going forward.

Thermal power generation contributed the highest share of 71.6% of total power generation in 2012, followed by renewable and hydropower in Philippines, which contributed shares of 15.4% and 13% respectively. Continued growth in power generation has led the government of the Philippines to focus on the expansion of the role of renewable energy in power generation.