Key Market Indicators
Oman's electricity generation is projected to climb to 47 terawatt-hours by 2028, up from approximately 42 terawatt-hours in 2023. This marks an annual growth rate of 1.6%, according to recent data. Since 1990, Oman's electricity supply has seen a steady increase of 2.4% per year. In the global rankings for 2023, Oman was positioned at number 58, just behind Morocco, which also generated around 42 terawatt-hours. Leading the global rankings were the United States, India, and Russia, occupying the second, third, and fourth spots respectively.
