Saudi Arabia has been intensifying its efforts to develop the electric power industry and support smart grid solutions.
Meanwhile, it is actively studying the development of renewable energy systems, making it one of the world's most advanced markets for electric power.
Saudi Electricity Company (SEC) is an important arm to achieve the ambitious goals of the Kingdom in the electric power industry.
The company has set a number of strategic plans to transfer advanced technologies to the country through its partnerships with many international companies in the electric power industry in Europe, Japan, China and South Korea.
In this context, SEC signed a memorandum of understanding with Schneider Electric International to deepen technical cooperation in the development of international standards in the electric power industry and support smart grid solutions and renewable energy systems as part of the company’s plan to meet the objectives and aspirations of the Kingdom’s Vision 2030.
This came on the sidelines of Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud’s visit to France.
The MoU was signed by Saudi Electricity Vice President for Supply and Contracts Sulaiman al-Hubeishi and Schneider Electric CEO Gian Pascal.
The MoU aims to develop and provide technical support in the areas of smart grid solutions, international specifications and standards in the electric power industry, ADMS, fault management, geographic information, renewable energy, nutrient automation solutions, energy protection technologies, relays, and asset management, Hubeishi explained.
He said that the agreement also included a general framework for the transfer of knowledge in the various engineering fields through training, organization of specialized technical forums on an annual basis as well as cooperation in the fields of industrialization, environmental issues and related regulations and mutual interest.
SEC has put a number of strategic plans to transfer developed techniques to Saudi Arabia through its international partnerships, aiming at training and developing national cadres, including technicians and engineers, to use the most developed techniques and standards in the field of the electric power industry.
This contributed to support its plans to localize national competencies in all sectors of the company to reach more than 91 percent by the end of 2017.
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