Crown Prince announces medium-term debt strategy to diversify funding sources "A resilient economy capable of overcoming challenges reflects progress towards achieving Vision 2030 goals"    OPEC+ tripartite meeting keen on maintaining global oil market stability    'No excuses' for Israel to not accept ceasefire deal, EU foreign policy chief says    Riyadh Season draws 8 million visitors in 6 weeks    Alkhorayef highlights role of National Initiative for Global Supply Chains in boosting Saudi economy    Saudi Arabia signs investment deals worth SR35bn with foreign firms to strengthen global supply chains    Saudi Arabia unveils updates on Expo 2030 Riyadh master plan at 175th BIE General Assembly Riyadh Expo Development Company established to oversee strategic planning, operations, and legacy development    Saudi FM attends Quadripartite meeting on Sudan in Italy    Georgia's new parliament opens first session amid mass protests and boycott    Gangsters block aid distribution in south Gaza    Russian deserter reveals war secrets of guarding nuclear base    Best-selling novelist Barbara Taylor Bradford dies    Cristiano Ronaldo's double powers Al Nassr to 3-1 win over Al Gharafa in AFC Champions League    Saud Abdulhamid makes history as first Saudi player in Serie A    Al Ahli edges Al Ain 2-1, bolsters perfect start in AFC Champions League Elite    Al-Falih: 1,238 foreign investors obtain premium residency in Saudi Arabia    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Do cigarettes belong in a museum?    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



ACs use 70% of electricity consumption in Kingdom
Published in The Saudi Gazette on 13 - 01 - 2013

JEDDAH – “Around 70 percent of electricity consumption in Saudi Arabia go on air conditioning and with more than 1.5 million new homes needed to keep pace with population growth, domestic energy demand is anticipated to double by 2030,” said Dr. Saleh Al Awaji, Deputy Minister of Water and Electricity, ahead of the first Saudi HVAC conference on Feb. 11-13 at the Al-Faisaliah Hotel, Riyadh.
Al Awaji, who is also the President of Saudi HVAC 2013 and a keynote speaker at the event, underscored the need for sustainable cooling and heating solutions in the electricity sector to boost energy efficiency in Saudi Arabia.
“Energy-efficient HVAC solutions are therefore a critical aspect of Saudi Arabia's continued sustainable development,” he noted.
He said “sustainable technologies will reduce energy consumption and also reduce the amount of new investment needed in electricity generation as a result.”
He added that “this new conference and exhibition is an example of the cooperation between stakeholders needed to achieve the goals that benefit the Kingdom and the consumer. It will promote advanced technology and help to develop local expertise.”
Moreover, he said “demand for electricity in Saudi Arabia continues to rise and more than SR500 billion will be invested in new projects in the electricity sector within the next 10 years. This situation requires immediate concrete action to encourage energy efficiency and sustainability.”
The opening ceremony of Saudi HVAC Confex 2013 will be attended by the Minister of Water and Electricity, the Minister of Commerce and Industry, Prince Abdulaziz bin Salman Abdulaziz Al Saud, Deputy Minister of Petroleum and Mineral Resources and President of the National Program of Energy Efficiency and the president of King Abdulaziz City for Science and Technology.
Around 50 speakers from the government and private sector will address the conference, of whom 25 are already confirmed, and more than 30 local and international companies will take part in the exhibition, including LG Electronics, Samsung, Saudi Tabreed, and Abdul Latif Jameel. Around 500 industry delegates will attend the three-day event.
Speakers include George Kennich, head of Infrastructure and MEP at Aldar Properties; Sultan Al Khairaissi, director of Buildings Department, Royal Commission for Jubail and Yanbu; Abdulhamid Almansour, former CEO of Saudi Tabreed; Kishan Khoday, Senior Representative of the United Nations Development Program; Eng. Mohamed Al Badri, Acting Director General, Emirates Authority for Standardization and Meteorology; George Berbari, CEO of DC Pro Engineering; and Khalid Al Othman, CEO of Saudi Mubadara Development Authority.
The CEO and President of the Saudi Electricity Company (SEC), Ali Al-Barrak, has said earlier that the Saudi Electricity Company plans to spend $80 billion over the next decade to keep pace with population growth happening in the Kingdom, which will result in an increase in demand for electricity by more than 30,000 megawatts by the year 2020.
He said 70 percent of energy consumption in the Kingdom goes to air conditioning, revealing that this is largely due to consumers using inefficient devices.
However, the main factor behind this amount of electricity consumption is the nature of the climate in Saudi Arabia, where the demand will rise during the daylight hours dramatically, and during the summer where the temperature rises to above 50 degrees Celsius.
Gulf Cooperation Council states plan to link the Saudi Western Coast with Egypt. – SG


Clic here to read the story from its source.