Saudi Aramco has signed a MoU agreement with Dubai Electricity & Water Authority (DEWA) to foster collaboration in power supply and demand management
The MoU is also set to assess potential collaborations and ventures in new energy and smart grid applications, digital transformation and operational excellence.
?The MoU will help our efforts in a digital transformation in the energy industry by applying effective technologies to enable operational efficiencies. The collaboration with DEWA will complement Saudi Aramco?s ongoing energy and technology initiatives,? said Abdulkarim Al-Ghamdi, vice-president for power systems at Saudi Aramco.
Saeed Mohammed Al Tayer, managing director and CEO of DEWA, commented, ?This MoU supports the vision of the wise leadership in both the UAE and the kingdom of Saudi Arabia and contributes to achieving integration across all vital sectors through joint efforts to support national and regional goals and common interests, anticipate the future and adopt innovation to enhance sustainability of development.?
?The collaboration with Saudi Aramco supports regional efforts to enhance the energy, water, smart transformation, smart grids, energy efficiency and sustainability sectors,? he added.
Saudi Aramco is deploying smart control systems as part of the intelligent Power Centre which is currently under construction. The centre aims to enhance the effectiveness of power generation, transmission, distribution and asset management through the implementation of the latest real-time power management technologies.
