The future of IPPs in the GCC: New policies for a growing and evolving electricity market

In recent years, countries in the GCC have increasingly turned to independent power projects (IPPs) as alternatives to government-financed power plants. But the IPP model being used in the region, while serving to augment and diversify investment resources, presents long-term risks. Changes in the way that IPPs are structured can preserve the benefits of the IPP model while substantially reducing these risks.