STRATEGY

SEC’s strategy is focused on implementing the Government’s policy for the development of the electricity sector in the Kingdom with the primary objective of provoiding a safe, reliable and cost-efficient supply of electricity to end-users.

OUR STRATEGIC GOALS 

World-class operations

 


Efficient

Thermal efficiency of fossil-fuel power plants.

 

- Strongly oriented towards the use of renewable energy.

 

-  Efficient cogeneration projects with customers.


Reliable

- Investment in the development grid upgrade and improvement of the electrical system.

 

Power outage times frequency is reduced by more than 60%.

 

- Flexible and efficient demand-side-management capacities system to meet peak loads.

 

 

Service and solution provider


Customer-centric

- Customers' partner in energy services (ESCO).

 

- Enabler of energy efficiency, diversity of power generation sources and district cooling.

 

- Best-in-class remote customer service processes.


Smart

Focus in providing digital services to customers.

 

100% smart meter penetration rolled out by 2025.

 

- Smart and self-healing grid infrastructure.

 

 

Financially sustainable

 


Diversified

- Expansion into non-commodity service business.

 

- Investment in real estate assets and fiber optic network.

 

- Explore strategic opportunities to invest in new business and other markets.


​Interna​tional

Energy trading with neighboring countries.

 

- Long-term ambition to connect with Europe.

 

Global strategic investment.​