With a rapidly growing economy, Saudi Arabia faces an urgent need to increase its sustainable supply of power and water. Demonstrating its continuing commitment to help the Kingdom meet those demands, GE is highlighting innovative and localized technology solutions for the power and water sectors at the Saudi Water & Power Forum (SWPF) being held from October 2-6 in Jeddah.
According to the Saudi Electricity Company (SEC), annual increases of 8% in reliable electricity would be needed to fuel Saudi Arabia's dynamic economy. The Kingdom, which has an installed capacity of 44,000 megawatts, is expected to need about 70,000 megawatts of power by the year 2020. To conserve scarce water resources, the Kingdom is promoting the use of wastewater for industrial purposes. Saudi Arabia's advanced treated water reuse capacity is growing annually at a rate exceeding 30% and is expected to reach 2.2 million cubic meters per day by 2016 from its current level of 260,000 cubic meters per day. 1
"We see innovative technology and increased collaboration between the public and private sectors in the Kingdom as key to helping Saudi Arabia meet its critical water and energy demands," said Joseph Anis, GE Energy's president for the Middle East. "Increasing power generation efficiency and decreasing fuel consumption are vital to promoting energy sustainability and supporting the Kingdom's further economic growth."
"With a strong track record of delivering advanced solutions to the Kingdom that spans nearly 80 years, GE remains committed to working closely with our customers in the region to deliver reliable and advanced power generation and water management technologies that can help the Saudi economy realize its potential, and achieve a sustainable and prosperous future for the country and its people," added Anis.
GE will spotlight a broad range of energy solutions and services that address this year's focus on achieving sustainable prosperity through knowledge, innovation and cooperation. GE will showcase its latest energy technology solutions and services, including those that address the better utilization of the region's available resources, such as integrated power and water solutions and fuel flexible turbines.
As part of its growing knowledge-sharing collaboration and initiatives in the region, GE recently announced the establishment of a new energy fuel research center in the Kingdom designed to further the knowledge of fuels, including heavy fuel oils, and enhance the region's capabilities for maximizing the utilization of alternative fuels. The GE Energy Fuel Research Center will be located on the grounds of the King Fahd University of Petroleum & Minerals in Dhahran.
Also in support of its knowledge-sharing commitment to the Kingdom, GE will add a training center at the site of its GE Manufacturing Technology Center in Dammam. Talented young minds will be equipped with the latest advances in technology, quality and safety knowledge so as to better meet the Kingdom's future energy demands.
GE's booth "M06" at Saudi Water & Power Forum supports the theme "Enabling the Future." GE will showcase its broad range of energy technology solutions and services that better utilize the region's available resources. Also featured will be GE's Smart Grid solutions, which focus on improving the efficiency and reliability of existing infrastructure to save energy, reduce cost and increase the integration of renewable generation.
Addressing the synergies between power and water demands and resources, GE is also showcasing its water and process treatment solutions for the Saudi Arabian power industry. GE's water, water reuse, wastewater treatment and process solutions allow power plants to operate more efficiently and profitably, while helping to minimize their environmental footprint. GE is at the forefront of technology development to ensure water availability, quality and environmental challenges are met in the region.
In addition to the technology displays, two GE Energy executives will participate in the conference program:
Ø Steve Bolze, president and CEO, GE Power & Water, will deliver a keynote speech as part of the "Transformation of Saudi Arabia's Power & Water Sector" program beginning at 9am on Monday, October 4. Ø Paul Browning, vice president, GE Power & Water will participate in a panel discussion as part of the "Energy Conservation and Demand Management" presentation beginning at 2pm on Monday October 4.