Pipelines, Storage & Power

GCCIA prepares to launch electricity exchange

The chief executive of the GCC’s interconnector authority talks to Interfax Natural Gas Daily about how the region hopes to boost power trading The chief executive of the GCC’s interconnector authority talks to Interfax Natural Gas Daily about how the region hopes to boost power trading.
By Verity Ratcliffe 25 August 2017 0 27337
GCCIA Chief Executive Ahmed Ali al-Ebrahim. (Interfax)

The Gulf Cooperation Council Interconnector Authority (GCCIA) is gearing up to offer the GCC’s six member states – Bahrain, Qatar, Kuwait, Saudi Arabia, Oman and the United Arab Emirates – the opportunity to buy and sell electricity on an exchange as well as through the current system of bilateral trades. GCCIA Chief Executive Ahmed Ali al-Ebrahim spoke to Interfax Natural Gas Daily about the organisation’s next steps.

Interfax Natural Gas Daily: What are you doing to prepare for the new system? Which countries are definitely on...