Saudi Arabia peak electricity demand is expected to continue growing in the medium term. However, state firm Saudi Electricity Company (SEC) and other generators are developing projects with enough capacity to meet expected need.
Peak electricity load in Saudi Arabia is projected to rise by 18GW or 32% from 2014 to 2020, according to the Electricity and Cogeneration Regulatory Authority (ECRA). In its newly-released annual statistical booklet for 2014, ECRA sees peak demand rising from 57GW in 2014 to 75GW in 2020, with a new record demand of 60GW forecast for 2015. (CONTINUED - 685 WORDS)