Monday, March 13, 2017

UAE signs up PwC to study power sector

The UAE Ministry of Energy has signed up global professional services network PricewaterhouseCoopers (PwC) to conduct a technical and economic study of the country's electricity sector, said a report.

As per the contract, PwC will analyse and forecast current and future demand on power and the sector's plans and polices for production, distribution and operation in the medium and long-term (to 2030), reported state news agency Wam, citing a top official.

The study, which covers the Emirates National Grid, involves risk assessment, development of solutions, identification of future opportunities as well as proposing recommendations to ensure increasing demand on power will be met, said Dr Matar Hamed Al Neyadi, the under-secretary of the Ministry of Energy, who signed the contract with PwC.

The national electricity and water authorities will be funding the study, it added.

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