In a landmark for the Middle East, the first spot market for electricity in the region has begun operating in Oman, helping the country in its efforts to lower the cost of electricity and water, increase the efficiency of power and water procurement, and support the energy transition. In most countries in the region, the price paid to electricity and water producers is set by
Key objective: The masterplan study will seek to enable OETC’s vision to evolve into an integrated transmission system that also covers vast expanses of the country earmarked for.