Published Date : Apr 07, 2016
Saudi Arabia is among the few countries that use crude oil directly to generate power. In summer, the country witnesses a spike in the consumption of electricity as the demand for air conditioning rises. In July 2014, Saudi Arabia burned 0.9 mn barrels of crude oil to generate electricity that has been termed as the highest overall since August 2010 by the U.S. Energy Information Administration (EIA). Owing to the growing demand for electricity across the construction sector, the electrical market in Saudi Arabia has witnessed a rise in the usage of low voltage products and cable management systems.
To meet the ever increasing demand for electricity and secure distribution of electricity across households and industries, the demand for low voltage systems was the highest in 2014. The increasing focus of companies on electrical distribution and transmission projects in the oil and gas, and power sectors in the country has fuelled the demand for low voltage systems.
ABB Chosen as Supplier for Medium-Voltage Surge Protection Equipment for Saudi Electric Company
Some of the key players in the Saudi Arabia electrical market are ABB Ltd., Legrand S.A., Atkore International Holdings Ltd., Koninklijke Philips N.V., Eaton Corporation, Honeywell International Inc., and GE Co. Presently, Saudi Arabia is stressing on upgrading the electricity distribution network through the development of smart grid infrastructure. ABB Ltd. has been chosen as the supplier for the Saudi Electric Company (SEC) and will supply medium-voltage surge protection equipment such as sectionalisers and fuse cutouts to the electric vendor. In an attempt to upgrade the capacity of its distribution network, SEC is developing new substations throughout the country that will supply power through overhead distribution lines. This will ensure secure delivery of electricity to households as well as the industrial and commercial sectors.