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Global Information NO.13 2021 / 03

System Operator, confirming its role as major
partner of the French TSO in its plan of upgrading
and developing national power girds. The framework
agreement will cover the period 2021-2023, with two
potential optional additional years. To support the
upgrade of France's power grids, Prysmian Group
will leverage its French centres of manufacturing
excellence, located in Gron and Montereau. These
plants employ more than 1400 people and are
renowned for the production of high voltage cables
and P-Laser technology. This framework agreement
confirms Prysmian Group's primary role in supplying
RTE with HV cable systems, consolidates their long-
term and successful relationship, and highlights ESCAP Convened its Third Session
once again RTE's trust in Prysmian. (Source: on SDG7
Electricenergyonline) The United Nations Economic and Social
Commission for Asia and the Pacific (ESCAP)
Israeli, Qatari, Palestinian Agreement to Committee on Energy, which is a key platform
Resolve Electricity Crisis in Gaza for reviewing progress made towards
The agreement reached among Delek company, the achieving Sustainable Development Goal 7
Qatari government, and others to install a gas supply (SDG7) on energy in the region, convened
system in Gaza Strip proves that Israel acknowledges its third session from 24 to 26 February.
Hamas as a partner. Qatar and the Palestinian The Committee reviewed the draft regional
Authority (PA) will jointly purchase the gas from road map on power system connectivity, 5
the Leviathan gas field. Qatar will further fund the along with regional and national policies to
pipeline from the Israeli side, while the European support Goal 7 on energy access, renewable
Union (EU) will handle the costs of installing the energy, and energy efficiency. ESCAP also
pipeline from the borderline with Israel to the power launched the Regional Trends Report 2021:
station in the Strip. The Israeli cabinet has approved Shaping a sustainable energy future in Asia
the deal. In further detail, Qatar and the PA will pay and the Pacific - A greener, more resilient and
$15 million, for operating gas station generating inclusive energy system. The report examines
400 megawatts. The gas from Israel will resolve the ambitions and progress of ESCAP member
the electricity crisis, bringing light to the whole States in achieving sustainable energy goals
Stirp. Gazans hope this deal will bring closure to the and provides recommendations on how to
distressing situation of getting only four hours of develop energy systems that offer greater
electricity per day. Muhammad Thabet, director of resilience to future crises. (Source: Scoop)
public relations for the Gaza Electricity Distribution
Company, said the implementation of strategic
projects is needed to solve the electricity crisis in heating and transport drives up electricity demand,
Gaza. According to Thabet, the simplest answer while the growth of wind and solar strain the grid.
would be to install a gas supply system in Gaza Key findings from the report include:
instead of high-cost diesel. The gas pipeline would 1)The needs to be invested in the power grid will
reduce operating costs by 15 percent of the overall rise to $636 billion by 2050, which could support
cost, he added. (Source: Aawsat) more power generation capacity, serve new demand
and replace existing infrastructure.
Power Grid Investment Forecast by BNEF 2)Distribution grids become more important in
At least $14 trillion needs to be invested in the power the coming decades. By mid-century, distribution
grid worldwide by 2050 to support an evolved grids make up 63 percent of annual investment, up
power system, according to BNEF’s new Power Grid from 52 percent in 2020.
Long-Term Outlook 2021. The transition to electric 3)Investment in sensors and automation will

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