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Electricity transfers across the GCC are rising, but use of the interconnectors linking the six-member group remains ‘emergency only’: scheduled trading has petered out. Nevertheless Oman, which wants cross-border trading to be part of a planned electricity spot market, has agreed to become a full member of the Gulf Cooperation Council Interconnection Authority (GCCIA).
The GCCIA says unscheduled electricity exchanges between current members – Saudi Arabia, Kuwait, UAE, Qatar and Bahrain – have risen tenfold, from 80GWh in 2010 to 815GWh in 2013, though even the higher figure represents less than 0.25% of regional demand.
Scheduled trading started at 0.31GWh in 2010 and rose to 46GWh in 2011, but has been zero ever since (see chart).
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