Saudi Arabia eyes power trading with Europe and Africa

Saudi Arabia eyes power trading with Europe and Africa
Published: 12 October 2017 - 2:50 a.m.
By: Baset Asaba

Through the ongoing electricity privatisation programme, Saudi Arabia is planning to supply electricity to countries in neighbouring continents, including Africa and Europe.

The Saudi minister for energy, industry and mineral resources, Khalid-Al Falih revealed that the Kingdom was considering supply of electric power to Ethiopia through its planned grid interconnection with Egypt, which is expected to be ready in three years.

And through its planned grid in Turkey, the Kingdom would also have the opportunity to supply power to European countries in the future, added the minister.

Power grids in Gulf Cooperation Council (GCC) countries have been interconnected since 2011, Al-Falih pointed out. The Gulf Cooperation Council Countries Interconnection Grid (GCCIG) has a total capacity of 1,200 megawatts (MW) and links Saudi Arabia, the UAE, Kuwait, Bahrain, Qatar and Oman, reported Arab News.

Saudi’s interconnection with Egypt will generate 3,000 megawatts in 2020, Al-Falih said at the inauguration of Saudi Electricity Forum in Riyadh on Tuesday.

He also confirmed that the Kingdom will use atomic energy to generate electricity for the first time in a bid to boost the national economy and to ensure a competitive energy sector.

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