Energy Magazine December 2015 | Page 49

MIDDLE EAST of the first objective , says Al Ebrahim . “ Now we are in a new phase of optimisation and improving the reliability of the grid , something we cannot compromise on ! Also , we are looking to maximise the economic benefits from the connector by developing more opportunities for power trading . Eventually we are looking forward to creating a GCC power market with all six member states participating .”
In short , if reliability is the number one thing GCC citizens want from their utilities , cost effectiveness is the next . GCCIA can lead the creation of a common energy market to achieve the lowest-cost generation . A bilateral trading system currently gives countries
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