MENA targets smart meter growth
SMART GRIDS
MENA targets smart meter growth
Vehicle-to-grid potential Sebastian Peck , Managing Director of InMotion Ventures , said the electrification of the transport sector is creating new challenges for our ageing grid infrastructure , and EVs can play an important role in local energy storage and grid-balancing .
He said the storage capacity of an EV represents two to five days of average household requirements of 10 kWh per day , assuming annual consumption of 3,650 kWh , which is approximately the current UK average ( assuming a battery pack between 20 to 50 kWh ).
“ Vehicle-to-grid technology can be employed to turn each vehicle into a distributed load-balancing device or emergency power source . It also opens up the possibility to generate some incremental
The ambitious sustainability targets implemented by governments in MENA are pushing utilities and power transmission companies to invest in smart grid technology and infrastructure , according to Aveva .
In its recent outlook to 2024 , the Arab Petroleum Investments Corporation ( APICORP ) highlighted the expected investment increase in power and distribution projects in several countries , driven by the rise of renewable generation and the increased focus on boosting regional interconnectivity .
New technologies featuring cloud based , AI and ML are expected to play a major role in greener , smarter electricity grid for the MENA region . To support this digitalization effort , many countries , Saudi Arabia for example , have invested billions of dollars to deploy 10 million smart meters across the region .
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