Saudi state generator SEC added 6% of new generating capacity last year, but saw consumption rise by 8%. New power plants brought online in 2014 were mainly steam turbine plants, able to burn both gas and oil.
Saudi Electricity Company (SEC) raised its power generating capacity to 48.624GW by the end of 2014, a 6% increase on 45.908GW at the end of 2013. Electricity generated last year amounted to 214.6TWh, 8% up on the previous year (see table). SEC says in its newly published 2014 Annual Report that Saudi Arabia’s total available generating capacity – including plants operated by petroleum firm Saudi Aramco, state desalination firm Saline Water Conversion Corporation (SWCC) and other industrial companies – amounted to 65.506GW at end-2014, 12% up on the 58.462GW end-2013 figure. This implies that SEC’s share of total Saudi installed capacity fell from a peak of 82% in 2011 to 74% for 2014. (CONTINUED - 626 WORDS)