Saudi Arabia has seen a steady decrease in electric power transmission and distribution losses over the past decade. The losses in 2023 stood at 6.25 Units of Electricity Production, down from 7.05 in 2013, reflecting a consistent improvement. Year-on-year variation over the last two years shows a decrease of 1.27% in 2023, and a Compound Annual Growth Rate (CAGR) of -1.29% over the last five years.
Looking ahead, forecast data indicates that the downward trend will continue, with losses expected to decrease to 5.83 Units by 2028. The forecast average annual reduction over the next five years is projected at a CAGR of -1.1%, amounting to a total forecasted growth rate of -5.39%.
Future trends to watch for:
- Implementation of advanced grid management technologies.
- Government policies aimed at further reducing losses.
- Increased investment in infrastructure upgrades.
- Integration of renewable energy sources.
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