French exhibitors to introduce new technologies at MEE
Some 11 French businesses offering innovative, efficient, and competitive solutions are taking part in the Middle East Energy (MEE) exhibition from March 7 to 9, 2022.
The exhibiting French businesses are experts in energy storage, equipment and applications, electricity transmission and distribution, network protection products, systems and lighting, a release said.
The MEE will also be an occasion for the French companies to discover the new market demand, share their valuable industry knowledge and develop new areas of business and strengthen existing ones.
The countries in the Mena region are currently investing heavily in enhancing their electricity infrastructure and building new power lines, in order to secure supply and respond to the increasing demand for electricity by their booming economies and populations.
This includes the development of HDVC (high voltage direct current) interconnection projects, such as, for example, connecting Egypt to the interconnected networks of the GCC, or connecting Saudi Arabia to North Africa, and Egypt to Iraq via Jordan.
The strategic importance of energy cooperation between the countries of the Middle East and North Africa has therefore never been stronger.
France, as a result of its expertise in building new smart infrastructures, integrating renewable energies into the grid, and storing energy, has a definite role to play in helping the Mena region achieve its low carbon objectives. In addition, the thorough understanding of French equipment manufacturers in so far as concerns the electrification of unconnected, isolated sites, with appropriate off-grid/microgrid solutions, meets the region’s specific requirements.
In conjunction with the announcement that the UAE will host COP28 in 2023, the French companies are keen to introduce new solutions and systems to support the energy transition, deliver cleaner energy and supply sustainable power.
Opportunities won by France in the region:
*A consortium of EDF, Kepco and Kyushu Electric Power Co has just signed a $3.6 billion strategic electricity transmission contract, alongside Adnoc and Taqa, to develop and operate a high voltage direct current (HVDC-VSC) subsea transmission system, which is a first in the Middle East and North Africa region. This project will reduce Adnoc’s offshore carbon footprint by more than 30% and contribute to the UAE’s net zero carbon targets (Net Zero by 2050 Strategic Initiative).
The consortium, which will have a combined 40% stake in the project, will develop and operate the 3.2-gigawatt transmission system alongside Adnoc and Taqa over a 35-year period. Work is scheduled to begin this year, while commercial operations are planned for 2025.
*Engie and Masdar (the fastest growing renewable energy player in the world), have signed a strategic alliance to co-develop a green hydrogen hub in the UAE. Both of these businesses are seeking to deploy projects with a capacity of at least 2 GW by 2030, for a total investment in the region of $5 billion.
*The Cherbourg-based business Cerap Prévention, an expert in risk prevention in the nuclear sector, was awarded a major contract, through its subsidiary NüSAM, to support Nawah Energy Company, a subsidiary of the Emirates Nuclear Energy Corporation (Enec), during planned outages of the Barakah nuclear power plant in the UAE.
FRANCE IN THE ELECTRICITY SECTOR
*France is the 9th largest electricity producer in the world.
*EDF and Engie are among the Top 5 largest electricity producers in the world.
*France is the 7th largest exporter of electrical equipment in the world, with €20.4 billion ($22.62 billion) in 2018. In 2024, this amount is projected to rise to €25 billion.
*The electricity sector employed a workforce of 600,000 at the end of 2018, including 300,000 people in electrical systems. It is a net job creator.
*France has the expertise and diversified solutions in this sector of activity, with internationally recognised flagship companies (e.g. RTE, EDF, Schneider Electric). It also benefits from significant capacity in R&D and innovation. French businesses operate at all levels of the value chain, whether they are electricity and telecoms network operators, engineers, integrators, equipment manufacturers, component producers or ICT companies.
*The sector comprises more than 8,500 businesses, including large groups, mid-caps, SMEs and VSEs. These businesses produce, transport or distribute decarbonised electricity. They provide electrical and digital technologies, integrated services, and solutions for industry, construction, mobility, cities, and regions.
*These advantages mean that France has one of the highest quality electrical energy supplies and offers very high-level electrical equipment.-- TradeArabia News Service
Source: https://www.gdnonline.com/Details/1035099
