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FINANCIAL NEWS
Smart tech to reduce utilities spend by USD 10bn in GCC
08 Jun 2016
(MENAFN) Smart technologies will cut the investment required of new desalination and power plants by almost USD 10bn in the GCC by 2030.
Additionally, this can be made among a reduction in peak load demand, optimizing capacity, improving maintenance and reducing consumption patterns.
The GCC region is among the world’s top water consumers per capita, requiring all nations to engage in energy-intensive desalination to meet daily needs.
Moreover, smart water grid development would produce more data about water distribution and usage, and help GCC utilities to conserve and secure future water supply.
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