A significant outcome of COP26 included countries not only reaffirming their pledge towards reduction of emissions but provision of financial support as well to cap average rise in global temperature to 1.5 degrees. Nearly all the advanced and major economies across the globe have already set their clean energy goals including the countries in Middle East, specifically GCC region. Middle Eastern countries are major producers and exporters of oil and gas in the world and major share of their energy and electricity demand is served by the fossil fuels. With current targets set by the gulf countries and effective planning, a reduction of 22% emissions in power sector by 2030 is achievable. FACTS are and will remain key enablers in transition towards renewable energy and making the grid resilient against the instability caused by the intermittent generation. PTR has collaborated with Middle East Energy to highlight the significance of FACTS for energy transition and the growing demand for FACTS in the GCC region through a detailed and insightful whitepaper.




Flexible AC Transmission Service Overview
The research presented in this article is from PTR's Flexible AC Transmission service. For information about this service please submit a request shown below.
Contact Sales:
Europe
+49-89-12250950
Americas
+1 408-604-0522
Japan
+81-80-7808-1378
GCC/Rest of APAC
+971-58-1602441
More about our:
Flexible AC Transmission Market Research
Recent Insights
Leveraging STATCOM Technology to Meet Renewable Energy Targets in the EMEA Region
• EMEA region is actively pursuing deployment of renewables in order to meet the growing energy demand.• Europe is set to become first climate...
The FACTS Frontier in the Americas: 2016-2020
Due to evolving grids and stringent regulations regarding grid security, the Americas is considered one of the most important markets for any T&D...
China’s FACTS Industry Sees Opportunity in Africa’s Expanding Grid Infrastructure
• In the last decade African countries have been significantly pushing to increase the electricity generation capacity with a special focus on...



