Energy storage market oman

MUSCAT: French energy management specialist Energy Pool has announced that it has been tapped by Nama Power and Water Procurement Company (Nama PWP) – the single procurer of power and water capacity and output in the Sultanate of Oman – to undertake a key study designed to support the developmen
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MUSCAT: French energy management specialist Energy Pool has announced that it has been tapped by Nama Power and Water Procurement Company (Nama PWP) – the single procurer of power and water capacity and output in the Sultanate of Oman – to undertake a key study designed to support the development of a resilient energy system for the country.

The Demand Response (DR) Study has three broad objectives: It aims to address Oman''s growing electricity demand, facilitate the integration of renewable energy and support the country''s ambitious goal of achieving net-zero emissions by 2050.

Commenting on its appointment, the company stated: "Energy Pool is committed to collaborating with PWP to deliver a comprehensive report, outlining recommendations for the design, implementation and governance of a DR programme. Through this collaboration, we aim to contribute significantly to the development of a more sustainable and resilient energy future for Oman."

The term, ''Demand Response'', applies to initiatives designed to help balance the demand on power grids by encouraging end-users to shift electricity demand to times of the day – or season - when electricity availability is plentiful. This is typically achieved via tariff or other monetary incentives.

In Oman, the disparity is particularly steep, with electricity demand spiking significantly during the day as air-conditioning systems are turned on, and also during the hot summer months of the year.

The introduction of Cost Reflective Tariffs (CRT) in 2017 helped somewhat mitigate this severe imbalance, but not nearly enough to offset the high cost of maintaining large generation capacities and spinning reserves to meet any sudden uptick in power demand.

Of late, with the advent of new technology, notably smart grids and energy storage, experts see the potential for Demand Response measures to help address intermittency issues linked to supply from renewables. As electricity demand grows, Demand Response initiatives can contribute significantly to stability and reliability of power grids, it is pointed out.

"The scope of this study encompasses an in-depth analysis of the country''s energy landscape to identify opportunities for optimising grid operations through effective DR programmes. By leveraging global best practices and conducting in-depth research, Energy Pool will develop tailored DR mechanisms to reduce peak demand and enhance grid reliability," the French company explained.

Billed as one of the pioneers of the French electricity flexibility market since 2009, Energy Pool is a key player in the energy transition, providing services and advanced software solutions for the management and optimisation of complex energy systems.

The company presently manages consumption, production and storage assets of over 8 GW in capacity, located in 15 countries distributed across Europe, Africa, the Arabian Peninsula and South East Asia.

MUSCAT: Nama Power and Water Procurement Company (PWP), the single buyer of output from power generation and water desalination projects in the Sultanate of Oman, is making headway in the implementation of a strategic study aimed at achieving an ideal mix of energy resources to sustain the country''s energy requirements over the next 15 years. In conjunction with this initiative, technological options to support energy storage will be identified as well.

The ''Optimum Energy Mix and Storage Options Study'' is one of a large portfolio of initiatives currently in various stages of development and implementation with the overall goal to drive Oman''s Net Zero journey. It spans projects and programmes to support the adoption of large-scale solar and wind based renewables, enhance energy efficiency, plan for future capacity and grid requirements, secure new potable water desalination capacity, and support the digitalization of services in the sector.

"PWP commissioned a strategic study in coordination with different stakeholders to model and analyse scenarios relating to the transition path for Oman''s generation mix until 2040, with a particular focus on the transition from today''s predominantly gas-based system to a mixed system," said Ahmed bin Salim al Abri, Acting CEO – Nama PWP.

"The study will assess the different energy storage technologies and provide a long term energy storage strategy," he added in the CEO''s Message featured in the company''s newly published 2023 Annual Report.

Earlier, Abdulaziz bin Said al Shidhani, Chairman of the Board of Directors, underlined PWP''s continued focus on delivering reliable and efficient power and water capacity while promoting sustainable energy development.

"In 2024 and going forward, the company plans to focus its resources on renewable energy projects, including solar and wind IPPs as well as strategic study in support of this direction such as: the optimum energy mix and energy storage options study. During 2024, Manah I Solar IPP and Manah II Solar IPP will continue its construction and commissioning activities. On the desalination front, the construction of Al Ghubrah III IWP will commence and Barka V IWP is scheduled to commence commercial operation by Q2," he stated in the Chairman''s Message.

With an eye on renewable energy targets set for 2030 and 2040, PWP has lined up a number of solar and wind-based Independent Power Projects (IPPs) for procurement over the next several years.

While Manah Solar 1 and Manah Solar II, each of 500MW of solar PV capacity, are currently under construction in Al Dakhiliya Governorate, the groundwork for the procurement of a new mega solar project of 500 MW, named Ibri III Solar IPP, has been initiated as well.

MUSCAT: The Oman Power and Water Procurement Company (OPWP), the single buyer of electricity and water output in the Sultanate of Oman, says it plans to study options for energy storage development as part of the nation''s transition to a greener and sustainable future.

The move – a first in Oman''s power sector – will help support the large-scale adoption of renewable energy resources for electricity generation, as well as accelerate the decarbonization of the electricity sector, according to a key executive of the state-owned entity – a member of Nama Group.

"One area that we are trying to focus on this year and next are options for energy storage," said Abdullah Rashid al Sawafi (pictured), Chief Operating Officer. "Our goal is to capitalize on the utilization of energy storage, and support the generation of renewable energy, as part of our commitment to achieving sustainability in this sector. To this end, we will tender out a Request for Proposals (RfP) to the market, during this year, to get their support in this area."

Energy storage encompasses the ability to capture energy at a time of, say, surplus availability, for use later at a time when access to an energy source is either unavailable, limited in supply or intermittent. By utilizing a variety of technologies and systems, energy storage can help address a major shortcoming in the large-scale adoption of renewables, such as solar and wind resources: the intermittency factor associated with such types of resources.

About Energy storage market oman

About Energy storage market oman

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