Power Trading is one of the primary objectives of the GCCIA interconnector. As per the GCCIA studies, the potential for power trading during 2015 was more than US$ 500 million and the more than US$ 25 billion (Net Present Value) for the 25 year horizon.
The board of directors of GCCIA introduced schemes for 2016 to encourage power trading. Supporting the schemes, GCCIA prepared simple procedures for executing power trade transactions and visited all the Member States for holding sessions on power trading.
In the year 2016, the power trading volume in GCC region has already registered 1,320,000 MWh with participation of five of the six member states in trading activity and concluding more than 15 contracts.
GCCIA is now working on the development of power market in the GCC region. Towards this, GCCIA held discussions with power exchanges around the world having proven track record in handling cross border power trade.
The first workshop in this regard was held with Nord Pool during 27th to 28th April 2016 in Bahrain. This workshop, attended by the member states, focused on the importance of power markets and the global experience.
Having realized the potential of power trading in the GCC, GCCIA envisioned to implement a simple power exchange platform for the GCC region.
The power exchange platform on the lines of Southern African Power Pool (SAPP) power exchange, was seen as relevant to GCC Member States conditions. Accordingly, the second workshop was organized by GCCIA in conjunction with NordPool at Johannesburg, South Africa. The workshop focused on the SAPP experience and delivered hands-on training on the GCC Market Trading Platform (GCC MTP) developed by Nord Pool & EOH (developer of SAPP Exchange).
The participants visited the head office of Eskom (South Africa’s only power utility) and had discussions with respect to the development of power market in South Africa and its challenges.
The participants also visited the head office of EOH (the developer of market trading platform for the SAPP). EOH would be developing the market trading platform for the GCC power exchange.
Montana Fishburne not only revealed the release of her own "Chippy D" pornography motion picture, however she announced today that Jamie Foxx will be starring in a gay porn film which is likewise being launched by Vivid Entertainment. Fortunately is, for so long as the couple or individual understand that sex is the number one killer or saver to their relationship and they want to change, there are countless suggestions readily available in books, publications, internet and sex video for better sex. In fact, the size of important organ does not have a close relationship with the quality of sexual relationships. Sayings states free porn that size does not matter. Sexual relations is not measured by how huge your penis is or the length of time your penis. Even if this essential instrument size has impact, the portion is not too big. The partner or your other half was not truly challenged by the size of your crucial. They more concentrate on the quality of sexual relations, specifically sexual relations are based upon a sense of love that involves the relationship between emotional and physical. They might receive if the man has a vital in procedure size or "small" however he is mighty in every game in bed. This cruel sounding announcement was done on her Twitter page and probably in retaliation for exactly what Jamie Foxx stated on his radio reveal the other night regarding Montana's pornmovs.net. No, firstly she is nothing to do look at. The eyebrows are freaky, the botox is a problem, and she just sneaks out a lot of individuals. She's got another thing coming if she believes her tape will out beat Kendra Wilkinson. According to Vivid Entertainment, Kendra's tape is definitely on it's way to becoming the best selling tape in history. Wow, who would have thought? Kendra more well-known then Paris Hilton or Carrie Prejean assembled that's rather an accomplishment, NOT. Kim Kardashian was born on 21st of October in 1980 in Los Angeles in California. She was the daughter of Robert Kardashian and Kris Kardashian. She has 3 siblings: Kourtney, Khloe and Robert. She finished her education from the Marymount Excessive School. The leaked videotape does not in anyhow live up the to the buzz. It appears that in addition to his musical skills, KISS rocker Gene Simmons will still mainly be understood for the length of his tongue, which does not make a visitor appearance in the videotape.