Lesson 1, Topic 1
In Progress

Electricity Market

Abdulaziz July 16, 2020
  • Electricity cannot be stored (large scale)
  • When an electrical appliance is switched on, power is instantly transmitted from a power station to the appliance Electricity market works as a “pool”, or spot market
  • power supply & demand is matched instantaneously
    • real time via centrally coordinated dispatch processes
graph of Saudi Arabia direct use of crude oil for electric generation, as explained in the article text
Source: U.S. Energy Information Administration

Saudi Arabia – Power Generation Growth Plan

  • $100 Billion* spend between 2011-2020 on Power Generation
  • Private sector contribution expected to grow from 7.4% to 17%+
Source: Frost & Sullivan research/SEC/ KACARE published data

Saudi Arabia – Present T&D Infrastructure

Interconnection of regions the next priority in T&D infrastructure development (Source: SEC)