Gulf countries may export their excess electricity of 60,000 megawatts (MW) to Europe, Al-Eqtisadiah newspaper reported on Sunday, citing Ahmed Al-Ebrahim, CEO of GCC Interconnection Authority.
“GCC countries aim to export the surplus power to Europe, after completing the interconnection project that links Saudi Arabia, Egypt and Jordan,” Al-Ebrahim said.
A final decision is expected to be reached in 2020, when the project’s feasibility studies are finalized.
A memorandum of understanding (MoU) was inked for the African-European power linkage, which will connect Egypt and Europe, and also include the GCC countries through the Egyptian-Saudi power grid and electric interconnection between the Gulf, Egypt and Jordan.
The Saudi-Egypt power grid link has reached an advanced stage, Argaam earlier reported.
In addition, Saudi Arabia and Jordan will begin construction of their power connectivity project by 2022.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}