Abstract
ABSTRACT The State of Kuwait, a major oil exporter, consumes a huge amount of its natural hydrocarbon resources to meet the rising demand 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 utilization 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 n...
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