New SEC plants to ramp up Riyadh’s electricity capacity
The Saudi Electricity Company (SEC) plans to bring online more than 4,750 MW of natural gas-fired generating capacity in Riyadh between 2015 and 2017.
One power plant there, known as PP10, will have an additional 1,150 MW operational from May 2015, SEC said.
Two other plants, PP13 and PP14, with a combined capacity of 3,600 MW, would come online in August 2017.
Meanwhile, some units of plant PP12, which will have a capacity of 1,740 MW, have started operations, the company said in statement, cited by Reuters
Riyadh accounts for about a quarter of SEC’s customers.
The company’s total available generating capacity nationally was 61,625 MW at the end of June this year.
SEC will spend SR622 billion between now and 2023 on adding 40,000 MW of installed generating capacity and expanding transmission and distribution networks, CEO Ziyad Alshiha was quoted as saying in March by SPA.
The company says it is currently implementing projects worth SR150 billion to meet growing demand.
It had more than seven million subscribers at the end of 2013. The company covers 99 percent of the Kingdom, providing a constant flow of electricity to more than 12,600 cities and villages.
A report released by the company underscored that it generated 58,462 MW of electricity in 2013.
It also said that the company added 4,873 MW of electricity as part of its new five-year plan launched in early 2013.
An additional 20,000 MW are to be installed in 2018, according to the report.
The Saudi Electricity Company is supporting government efforts to promote renewable energy projects.
The company is actively supporting the Saudi Center for Energy Efficiency financially and significantly aims to limit the unjustified waste of electricity.
The Saudi company is also engaged in ensuring the safety of buildings by assuring their abidance to thermal insulation.
The company will further implement huge electricity projects with a total value of SR 500 billion within its 10-year-plan.