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MoU signed for electricity link between Ethiopia and GCC countries

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Addis Ababa, January 14, 2019 (FBC) –Ethiopia’s Ministry of Water, Irrigation and Electricity signed a MoU with the Gulf Electricity Interconnection Authority and the International Energy Linking Organization (GEIDCO) to start a feasibility study of electricity link between Ethiopia and the GCC countries.

The memorandum of understanding (MoU) was signed last Saturday, January 12, 2019, in Abu Dhabi, the United Arab Emirates (UAE).

The signing ceremony was attended by Undersecretary of the Ministry of Energy and Industry of the UAE and member of the Board of Directors of the Gulf Electricity Interconnection Authority, Dr. Matar Al Nayadi, and Chairman of GEIDCO, Prof Liu Xinya.

Minister of Water, Irrigation and Electricity of Ethiopia, Dr Engineer Seleshi Bekele said the interconnection of energy between countries, regions and continents is one of the most important ways to unite people for mutual benefit and economic prosperity.

For his part, Dr. Mattar Al-Neyadi, said the Gulf Electricity Interconnection project is one of the most important infrastructure projects approved by the leaders of the Gulf Cooperation Council (GCC) countries to enhance energy security and raise the level of reliability and safety of the Gulf electrical systems.

He pointed out that the linking projects aim to spare the GCC electricity networks for any partial or total interruption by 100% by providing instantaneous support for the required power transmission via the electrical connection network directly.

The link with Ethiopia is part of the strategy approved by the Board of Directors of the Authority to contribute to the creation of an electricity market and the promotion of electricity exchange.

In turn, the Executive Chairman of the Authority, Eng. Ahmed Al-Ibrahim, said the GCC countries are very much hopeful of the agreement with Ethiopia as the country has huge water capacity that can be used in generating electricity and will be exported from Ethiopia to the GCC countries in the future.

He said the available hydropower in Ethiopia is cheap and easy to use, and Ethiopia needs electricity projects such as projects currently being studied in the Gulf, adding “this new energy will be more available to the GCC especially at peak times.”

Eng. Ibrahim stressed that the link with Ethiopia will be a gateway to Africa to obtain cheap energy and supply to GCC countries.

Source: https://sabq-sa.com/business/

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