The CEO of DEWA, HE Saeed Mohammed Al Tayer, in a speech said that smart grids will play an important role in helping utilities in the region meet growing demands for energy and water and provide diverse and secure energy supply.
Energy
Saudi signs nuclear agreement with South Korea
Saudi Arabia has signed a bilateral agreement with South Korea to enhance cooperation between the two countries in the development and use of atomic energy for peaceful purposes.
Schneider expands power systems beyond data centers
Schneider Electric has launched Schneider Electric Secure Power Systems for Industry and Infrastructure as part of its strategy to expand its products and services range for industries and facilities beyond data centers.
SEC awards transmission deal to KEC International
Saudi Electricity Company (SEC) has awarded KEC International a US$881mn deal for supply and construction of transmission lines on turnkey basis, which is expected to be completed in 24 months.
IEA urges bold action to deal with rising energy demand
The International Energy Agency (IEA) warned that without a bold change of policy direction, the world will lock itself into an insecure, inefficient and high-carbon energy system.