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Saudi Arabia to see slowdown in electricity consumption growth
(MENAFN) Saudi Arabia is expected to see the power consumption growth experience a slowdown to 1.5 percent per year, a decline from past forecasts of 6 to 10 percent.
The statement has been made by chief expectative of Saudi Electricty Co (SEC) Ziyad al-Shiha during an interview with Al Aarbiya TV.
The chief explained "we have always been planning for 6 to 10 percent growth. Now I imagine for the future the growth will be 1.5 percent or less than 1.5 percent as we've seen over the past two years."
Chief executive Ziyad al-Shiha also pointed out during the interview that "there isn't more than modest growth in energy consumption."
The statement has been made by chief expectative of Saudi Electricty Co (SEC) Ziyad al-Shiha during an interview with Al Aarbiya TV.
The chief explained "we have always been planning for 6 to 10 percent growth. Now I imagine for the future the growth will be 1.5 percent or less than 1.5 percent as we've seen over the past two years."
Chief executive Ziyad al-Shiha also pointed out during the interview that "there isn't more than modest growth in energy consumption."
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