GCC POWER 2015
Jeddah– Kingdom of Saudi Arabia
3rd – 5th November 2015
Conference Recommendations & Highlights
1.The GCC countries need to review their energy subsidies policies for generation sector and initiate some suitable reforms, opting for better energy efficient, and to encourage the creation of GCC competitive electricity markets
2.It is important that GCC Member states increase their economic utilization of the GCC Interconnection by optimizing the operating reserves and efficient generation resources, and taking advantage of economic power trade opportunities which exist due to the interconnection of the GCC grids. Additionally, savings in capital investments can be achieved by consideration of the contribution of the Interconnector to security of supply when planning investment for new generation capacity
3.The establishment of Competitive Electricity Market shall take place along with the implementation of fuel pricing reforms to have effective markets. Furthermore, Market Rules must be introduced for the purpose of developing a Spot Markets, to be utilized as guidelines for the market participants in the commercial operations of the market
4.It is acknowledged that all GCC countries have pledged to advance renewable energy in their national policies. However, GCC countries need to implement pragmatic plans to shift toward more renewable energies, to diversify their energy resources and reduce reliance on and consumption of fossil fuels while ensuring clean energy production and conservation of national natural resources
5.GCC countries are urged to support the GCC Electrical Equipment Testing Laboratory bringing to GCC region the capability of performing global tests and issue examination certificates, which present great benefits as well as time and cost saving to GCC Countries.
6.The utilization of synchro-phasors & Wide Area Monitoring systems in real time operations is recommended to improve the visualization at the dispatching centers and increase the system reliability of the whole power grid
7.It is recommended to continue exploring the use of Intelligent Line Monitoring System (ILMS) to improve Over Head Line (OHL) capacity utilization
8.Consideration is to be given to expanding the utilization of Gas-Insulated transmission Line (GIL) in light of restricted available space and higher concentration of grids in large cities
9.As Life Cycle Cost LCC of power losses can exceed the transformer price, Investment in energy efficient transformer is recommended for reduction of LCC of the transformer which will pay-off in the long term.
10.Innovative use of High Voltage DC (HVDC) interconnections is expected to increase in the GCC to connect areas separated by long distances, or establish international interconnection with neighboring regions
11.More focus on skills developments and capacity building of GCC nationals is recommended to face the challenges in the implementation of Substation Automation System. In addition exchange of experiences and use of global standards are also recommended