Saudi Energy 2012 to address the growing local demand for energy

Saudi_Energy_WikipediaAbout 250 energy companies will participate in Saudi Energy 2012. (Image source: Wikipedia) Saudi Energy 2012, one of the largest specialised energy exhibitions in the region will take place from May 7 to 11 in Riyadh, Saudi Arabia

The event has been organised to boost the collaboration between the government and the private sector on strategies to address the growing local demand for energy.

A record 250 major companies from 13 countries have confirmed their participation, seeking to capitalise on energy-relative investments in the Kingdom. This includes the US$300 million worth of infrastructure projects that will link Saudi's new economic cities to the national power grid.

Riyadh Exhibitions Company project manager for Saudi Energy, Khaled Daou, said, "Energy companies from all over the world understand the strategic importance of Saudi Energy as a unique platform that opens direct access to niche markets across the Kingdom.

"With KSA undertaking massive industrial development, the electricity demand has been expected to reach up to 67,000MW by 2020, and this represents a huge growth opportunity for local and international energy companies," he added.

The Kingdom has plans to build six independent power plants to increase production capacity, including a $1.5 billion 850MW thermal plant at Yanbu.

The 15th international energy show comprises of four concurrent events collectively referred to as 'ELAW': SAUDI ELENEX 2012 (electricity), SAUDI LUMINEX 2012 (lighting), SAUDI AIRCON 2012 (air conditioning) and SAUDI WATER TECH (water).

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