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KAUST helps slash SEC profit losses using ML

KAUST ·

KAUST and the Saudi Electricity Company (SEC) collaborated to reduce non-technical losses in the Saudi power sector using machine learning. KAUST Visualization Core Lab (KVL) developed models using five years of SEC billing data from the Riyadh area to predict electricity usage and detect anomalous billing transactions. SEC estimates it could recover at least 73,000,000 SAR in lost revenue by correcting anomalies identified by KAUST models. Why it matters: This partnership demonstrates the potential of AI to address inefficiencies and fraud in critical infrastructure sectors in Saudi Arabia.

KAUST hosts first National Hackathon of Energy

KAUST ·

KAUST hosted Saudi Arabia's first National Hackathon of Energy, in partnership with the Saudi Electricity Company's Innovation Energy Incubator. Innovators collaborated to find technical solutions for the Kingdom's energy challenges. Three projects were honored: AI-HUB for cybersecurity, a smart circuit breaker, and 'Amn Al-Kafa’at,' a fire extinguisher system. Why it matters: This hackathon highlights the growing focus on using AI and technology to address energy challenges in Saudi Arabia, with KAUST playing a central role in fostering innovation.

Laying the foundation for future cities

KAUST ·

Khaled Alrashed, president and CEO of Saudi Electricity Company for Projects Development, discussed the challenges of future smart cities at a KAUST event. He emphasized the importance of smart grids, AI, and large-scale optimization for improving urban living. The Saudi Electricity Company is partnering with KAUST, including using the Shaheen supercomputer, to develop these technologies and predict grid load. Why it matters: This collaboration highlights Saudi Arabia's ambition to become a leader in smart city technology and renewable energy, leveraging local expertise and resources.

SEC and KAUST supporting Saudi to reach carbon reduction targets with new technology at Rabigh

KAUST ·

Saudi Electricity Company (SEC) and KAUST have launched a pilot study at SEC’s Rabigh power plant to demonstrate a cryogenic technology that captures multiple pollutants and greenhouse gases, including carbon dioxide. The technology captures over 98% of carbon dioxide from flue gas, as well as sulfur dioxide, nitrogen oxides, and particulate matter, using a single system, unlike current technologies. The streamlined post-processing has a smaller environmental footprint and lower costs. Why it matters: This project supports Saudi Arabia's net-zero carbon goals and offers a potentially more efficient and cost-effective method for retrofitting existing power plants.

Saudi Energy acquires stake in Kraken Tech, forms joint venture in Riyadh - ارقام

SPA ·

Saudi Energy has acquired a stake in UK-based Kraken Technologies, a subsidiary of Octopus Energy Group, specializing in AI-enabled technology for smart grids and energy management. This acquisition includes the establishment of a joint venture headquartered in Riyadh. The partnership aims to localize advanced energy technology within the Kingdom. Why it matters: This strategic collaboration is significant for advancing energy technology and smart grid solutions in Saudi Arabia, aligning with national goals for technological development and energy efficiency under Vision 2030.

Aramco-KAUST consortium for nonmetallics and composites in energy applications

KAUST ·

Aramco and KAUST have launched the ENERCOMP consortium, a five-year initiative focused on R&D in nonmetallics and composites for energy applications. Aramco is the founding member and first research sponsor. The consortium aims to develop less energy-intensive and lower carbon-footprint materials, aligning with Saudi Arabia's sustainability vision. Why it matters: The partnership signals a strategic push towards diversifying the Kingdom's economy and strengthening its position in the energy and materials transitions, leveraging AI and advanced materials research.

KAUST launches ACWA Power Center of Excellence for Desalination and Solar Power

KAUST ·

KAUST and ACWA Power have launched a Center of Excellence for Desalination and Solar Power following a memorandum of understanding signed on September 9. The collaboration aims to advance Saudi Arabia's position in water desalination and solar power technology. The center will focus on research in water quality monitoring and system performance modeling, leveraging KAUST's research centers. Why it matters: The partnership seeks to drive innovation and cost efficiencies in producing desalinated water and generating solar power, aligning with Saudi Arabia's sustainability goals.