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National Grid SA - National Grid SA - الشركة السعودية للكهرباء
Our Statistics - National Grid SA - الشركة السعودية للكهرباء
Our Strategy and Commitment - National Grid SA - الشركة السعودية للكهرباء
Electricity in Saudi Arabia was first installed in Medina in 1907, and next in Mecca in
Board of Directors - National Grid SA - الشركة السعودية للكهرباء
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Tarshid National Energy Services Company: A government company established by the Public Investment Fund to develop, fund and manage impactful energy efficiency projects in government and commercial sectors that achieve significant energy savings for Saudi Arabia.
Although U.S. exporters are not required to appoint a local Saudi agent or distributor to sell to Saudi companies, it is strongly recommended that companies consider partnering with a local company for the purposes of monitoring business opportunities, navigating import and standard testing regulations, and identifying public sector sales and contract opportunities.
For SEC opportunities, companies can register for and access tender announcements on the SEC website. For procurement opportunities with Saudi Aramco, visit the company''s website. U.S. companies may also contact Aramco Services Company in Houston, Texas to explore opportunities and to register as a vendor to Aramco.
To reduce oil consumption in the generation of power, Saudi Arabia plans to upgrade its entire power generation, distribution, and transmission sector. In addition, Saudi Arabia plans to develop over 58 GW of solar and wind power, and subsequently phase out all power stations that use petroleum and diesel. Saudi Arabia also plans to replace its outdated transmission and distribution infrastructure with smart grid technology, and to promote international grid connectivity. It is estimated that the country almost double its power generation capacity from 82 GW in 2018 to 160 GW by 2040. To achieve this goal, the government will invest approximately $5 billion in generation and $4 billion in distribution and transmission annually.
To achieve its renewable energy goals, the Ministry of Energy''s NREP continues to rollout new initiatives – including the goal of privatizing all electricity generation by 2025. These newly-privatized power generation companies will require substantial investment to increase efficiency, meet environmental standards, and replace aging power plants.
Smart Grid Distribution & Transmission: To improve its capacity to meet fluctuations in demand and optimize operating cost, Saudi Arabia continues to pursue opportunities to connect its grid with those of other countries in the region. In October 2021, Saudi Arabia and Egypt awarded contracts to connect the two nation''s power grids, in a project that could allow the countries to exchange as much as 3 GW of electrical capacity. Saudi Arabia is also investing billions to install smart meter technology. The Saudi Electric Company has been funding various projects to install 12 million smart meters by 2025.
Energy Efficiency: The Saudi Arabian government eliminated energy subsidies in 2022, meaning higher electricity costs for consumers and increased demand for technologies, services, and products related to energy efficiency. The government is forming an energy service company (a "Super ESCO") to implement projects in public facilities and support capacity building and project development activities of new private-sector ESCOs.
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