While the demand for power in the MENA region is expected to double by 2030, financing remains a problem according to a new report published by the London-based Middle East Association. Alan Mackie, the editor of the Middle East Business Focus 2010, highlights how the latest projections indicate that demand in the Middle East and North Africa (MENA) will necessitate the installation of at least another 250GW of new capacity.
Power and automation technology group, ABB, has signed a service contract with the Gulf Cooperation Council Interconnection Authority (GCCIA) to provide maintenance for equipment and systems at the Gulf Interconnection Grid's newly constructed substations. The two-year contract is worth US$8.3mn and will aim to optimise the grid's reliability through regular maintenance and provide technical and emergency assistance when required.
COMMERCIAL AND RESIDENTIAL property owners and tenants in Sharjah who have failed to take energy saving measures will have seen their electricity bills double by millions of dirhams in just two years, according to a recent survey.
ABB, THE LEADING power and automation technology group, has won an order worth US$38mn from the Saudi Electricity Company, Saudi Arabia?s national power transmission and distribution utility, to improve the efficiency of 22 power distribution substations.
THE INCANDESCENT LIGHT bulb is disappearing from stores. It has long been superseded by a new generation of light sources. In tomorrow?s multimedia society colour displays the size of an apartment will generate crystal-clear images, and entire sports stadiums will be lit by high-performance lamps.