Nawaz is the program director for Energy Transitions and Electric Power. Before joining KAPSARC, he was chief economist at the Saudi Electricity Company (SEC) where he led the strategic transformation project and advised on strategic planning issues. Prior to SEC, Nawaz was director of market strategy at Enbala, and senior economist at the Ontario Independent Electricity System Operator.
Saudi Arabia’s Unfolding Power Sector Reform: Features, Challenges and Opportunities for Market Integration
Today, there is a physical exchange of electricity between Gulf Cooperation Council (GCC) countries. However, this is not the same as competitive trade in electricity. Numerous studies have shown the efficiency benefits of electricity trade among GCC countries. These studies inevitably make simplifying assumptions about several complex issues in the power sector of these countries to focus on the economic gains of trade. However, issues such as the availability of transparent information so that participants can trade, transmission access and pricing, the level of competition in the wholesale electricity market, the coordination of system operations, and the harmonization of power sector structures and market rules are all very important.21st June 2020