According to a recent report in the Middle East Economic Digest, The Gulf Arab states are focusing on transmission and distribution (T&D) infrastructure investment to achieve total decarbonization and net zero goals. Among them, Saudi Arabia’s 2021 power transmission and distribution project contract value reached 5.4 billion US dollars, up 267% from 2020, while new communities such as NEOM Future City and Red Sea community plan to build desalination plants, renewable energy and nuclear power plants, and the modernization and intelligent upgrade of the transmission grid is also under way. The Dubai Power and Water Authority has launched the next phase of its smart grid strategy, allocating DH7 billion between 2021 and 2035 to implement the plan; ABU Dhabi’s National Energy Company announced a 10-year, $10 billion power transmission and distribution plan and plans to connect all of the EMIRate’s 1.1 million smart meters to the Internet. These projects will help reduce unnecessary carbon emissions.
(Source: Economic and Commercial Office, Embassy of The People’s Republic of China in Saudi Arabia)