3. Reduces investment for power reserves by 3.5 billion US $ (2008- 2028) for the same reliability.
Economic analysis of the interconnection indicated a cost / benefit ration 1.77 )all six countries (
The two common strategies: build capacities independently or interconnect individual systems.
Considerable investment is required to build new generating capacities .
Supply has to increase to match the anticipated demand.
Power Demand in GCC Countries is anticipated to increase from 32 GW in 2003 to 94 GW in 2028.
4. Provide means for energy trading
Provide emergency support to any system during black out situations
Improve the overall system reliability
Lower operating costs by using most economic generation unit in the interconnected system
Share spinning reserves to cover emergency operating conditions
Reduce generating capacity required in each system due to ability to share power reserves
5. Phase I (%) Phases I &III (%)
Kuwait 33.8 26.7
Saudi Arabia (ERB) 40.0 31.6
Bahrain 11.4 9.0
Qatar 14.8 11.7
UAE 15.4
Oman 5.6
TOTAL 100.0 100.0
8. SAUDI ARABIA
SEC – ERB
HDVC
BACK-TO-BACK
KUWAIT
AL ZOUR 400 kV
BAHRAIN
QATAR
DOHA SOUTH SUPER 400 kV
OMAN
OMAN NORTHERN GRID
UAE
SHUWAIHAT
400 kV
EMIRATE NATIONAL GRID
1200
MW
1200 MW
600 MW
750 MW
400 MW
900
MW
GHUNAN 400 kV
AL FADHILI 400 kV
310 km
90 km
100 km
290 km
150 km
52 km
SALWA 400 kV
112 km
JASRA 400 kV
AL WASEET 220 kV
AL OUHAH 220 kV
9. Contract Price
Substations $221,983,888
HVDC BtB Conv. $205,896,785
Transmission Lines $280,400,717
Cables $343,122,125
Control Center $27,637,220
Consultancy $16,283,146
TOTAL $ 1,095,323,881
19. GCC Ministerial
Committee
GCCIA
Board of Directors
GCCIA - CEO
General
Agreement
PETA
Transmission
& Metering Codes
E & W Ministerial
Committee Level
General Assembly
& Board Level
GCC Utilities Level
Articles / Bylaws
Planning
Committee
Operating
Committee
Regulatory Advisory
Committee
20. Agreement
between the
Trading parties
setting out the
technical
provisions which
the Authority, the
TSO Parties and
the Procurement
Parties will
observe when
operating and
using the
Interconnector .
Interconnector
Transmission Code (ITC)
Agreement
between the
Trading parties
setting out
obligations in
respect of installed
capacities and
operating reserves
as well as Terms
applicable to
connection, use of
interconnector,
and Trading.
Power Exchange & Trading
Agreement (PETA)
High level
agreement
between the
Member States
setting out the
rules and
regulations in
respect of the
inteconnector as
well as defining
the Regulatory
Committee and the
regulatory
principles.
General
Agreement
(GA)
21.
22. Provide a Wheeling Services to the
power sectors in the GCC countries
Becomes a ‘Launch-Pad’ for
Energy Trading
Provide access to the Electricity
Market in the region and beyond
24. Utilize the OPGW fiber
optic excess capacity
Authority
may lease
out fibers
Market is
being
explored
25. The Interconnector Provides an opportunity for capitalizing in fiber optic excess capacity
The GCC Grid will be a fundamental step that can lead to a regional electricity market
The Interconnector’s legal and organisational frame work is in the process of being finalised
The work progress shows about 41 % accomplishment as on September 2007
The Interconnector’s connection points rated equivalent to the loss of 50% of the largest power
plant for each country
The Interconnector will provide economic benefits and support in emergency situations