Key Market Indicators
Oman's electricity generation is projected to increase to approximately 47 terawatt-hours by 2028, up from around 42 terawatt-hours in 2023. This represents an average annual growth rate of 1.6%. Since 1990, the country's electricity supply has seen a yearly increase of 2.4%. In 2023, Oman ranked 58th globally in electricity generation, with Morocco slightly ahead at the same figure of 42 terawatt-hours. Leading the global rankings for electricity generation are the United States, India, and Russia, occupying the second, third, and fourth positions respectively.
