Egypt and Saudi Arabia, represented by the Saudi Electricity Company and the Egyptian Electricity Transmission Company, signed award contracts electrical connection project Between the two countries, today, Tuesday, in the presence of the Saudi Minister of Energy, Prince Abdulaziz bin Salman, and the Minister of Electricity and Renewable Energy in Egypt, Dr. Muhammad Shaker.
The Saudi Energy Minister, Prince Abdulaziz bin Salman, said that reaching this important stage of this project is the culmination of the directives of the leaderships of the two brotherly countries represented by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and President Abdel Fattah Al-Sisi.
The Minister of Energy added that the electrical connection plans in the Kingdom in general are in line with its executive programs emanating from the Kingdom’s Vision 2030, which enjoys the patronage and interest of Prince Muhammad bin Salman, Crown Prince, Deputy Prime Minister and Minister of Defense, which aims to invest in the Kingdom’s strategic location and its possession of the largest electrical network in the region. Arab countries and the Middle East to be a regional center for the exchange of electrical energy through electrical interconnection projects with countries, which contributes to strengthening the regional market for electricity trade and supports the participation of the two countries in it.
For his part, the Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, said that the project comes as a culmination of the depth of Egyptian-Saudi relations, and the link between them will be the nucleus of a joint Arab link, in addition to being complementary and supportive of the visions of both countries (2030).
He added that this project represents a strong link between the two largest electrical networks in the region, and will be reflected in the stability and increase in the reliability of the electrical supply between the two countries, in addition to the economic and developmental returns of exchanging an amount of up to 3000 megawatts of electricity.
Dr. Mohamed Shaker explained that in light of the two countries’ ambitious plans to expand their reliance on renewable energy sources, this connection represents a safety valve for the two electrical networks to confront the nature of the instability of renewable energies in general and provides huge investments to address any effects resulting from that.
Hypothetically, contracts have been signed between Riyadh and Cairo with three alliances of international and local companies to implement the interconnection project, which has a capacity of 3000 megawatts, with HVDC technology, with a voltage of 500 kilovolts. Overhead transmission lines with a length of about 1,350 meters and submarine cables in the Gulf of Aqaba with a length of 22 km, at a total cost of the project amounted to 1.8 billion dollars.
The project, when operational, will achieve a number of common benefits for the two countries, including enhancing the reliability of the national electrical networks, supporting their stability, and optimizing the generation capacities available in them, and the timing differences in their peak electrical loads, and enabling the two countries to achieve the ambitious goals of entering renewable energy sources within the optimal mix of electricity production and activating exchange The commercial electric power, and allowing the use of the fiber-optic line accompanying the electrical interconnection line in strengthening communications networks and transferring information between the two countries, the Arab countries and their neighboring countries, which will increase the economic return of the project.
This distinguished project is one of the most advanced HVDC (High Voltage Direct Current) projects of its kind worldwide and the first intercontinental HVDC project in the world.
The project will allow both countries to exchange up to 3 gigawatts at peak times, providing power supply to more than 20 million people using the latest technology to ensure maximum efficiency. Moreover, the HVDC connection to both the Arab Republic of Egypt and Saudi Arabia will allow to improve the efficiency of transmission and energy exchange networks, thus reducing the overall carbon footprint, according to Orascom Construction, one of the companies participating in the alliances to construct the link stations.
The company said that Orascom Construction’s alliance with Hitachi ABB Power Grids signed today a contract with the Egyptian Electricity Transmission Company (EETC) to carry out all works in Egypt to connect the two national electricity grids in the Arab Republic of Egypt and Saudi Arabia. A separate consortium of Hitachi ABB Power Grids and SSEM will carry out the business in Saudi Arabia.
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