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Dr. Al-Sowail: international investments in smart grid reach US $ 170 Billion by 2014

Published 9 Jan 2011
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Dr. Al-Sowail: international investments in smart grid reach US $ 170 Billion by 2014
Riyadh, e-Media:
Dr. Mohamed Bin Ibrahim Al-Sowail, rector of King Abdulaziz City for Sciences and Technology, confirmed that there is an international keen interest on smart grid with an expected investments reaching US $ 170 billion by 2014.
He said that such interest has resulted from the vital role which such technologies play in all aspects of life especially electricity where there will a significant role by such technologies in elevating electricity competency with an increased investments necessary in Electricity Sector.
In his speech inaugurating the Smart Grid Workshop 2011, he said that such a workshop comes within the keen efforts made to elevate energy efficiency in the Kingdom’s Electricity Sector.
The workshop then started with its consecutive sessions.

Last Modified Date: 10/02/2013 - 2:33 PM Saudi Arabia Time

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