Vision: Powering Sustainability and Evolving Electric Grids, Powered by PIF -

"Powering Sustainability and Evolving Electric Grids, Powered by PIF" took place at the Future Investment Initiative 7th Edition on October 24th, 2023.

Electrification is set to be a key driver in global decarbonization — however, challenges persist in integrating renewable energy, ensuring grid stability, and providing reliable access for consumers low like EVs. According to the International Energy Agency (IEA), electricity's share in total final energy consumption is projected to increase from 20% in 2022 to over 27% in 2030 in the Net Zero Emissions by 2050 (NZE). How can Saudi Arabia's transformative journey, including significant investments in grid infrastructure, renewable energy, and EV production, contribute to global decarbonization efforts?

Moderator:
Vatche Kourkejian, Senior Partner & Head of Energy Middle East, Roland Berger

Speakers:
-Mohammed AlBalaihed, Head of Energy & Utilities Sector, Public Investment FundEng.
-Ibrahim Alkhenizan, Executive Vice President, Distribution & Customer Service, Saudi Electricity Company (SEC)
-Muhammad Alshiha, Head of Automotive & Mobility Sector, Public Investment Fund
-Mohammad Bakr Gazzaz, Board Member & CEO, Electric Vehicle Infrastructure Company
-Faisal Sultan, Vice President & Managing Director, Lucid Motors Middle East