Gulf Interconnection Authority $3.5B plan to become electricity export hub

The Gulf Interconnection Authority is investing $3.5 billion over the next ten years to boost the GCC Power Grid. This plan aims to strengthen infrastructure, integrate renewable energy, and open electricity export opportunities to neighboring countries. The grid currently links all six Gulf Cooperation Council member states, from Oman to Kuwait, and this investment will expand its capacity and reach. Expansion and regional integration The Gulf Interconnection Authority’s plan includes connecting the GCC grid with Iraq