SEC’s peak power load hits record high

Updated 13 September 2015
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SEC’s peak power load hits record high

ALKHOBAR: Saudi Electricity Co.'s (SEC)'s peak electricity load hit its highest level ever in August driven by local demand for power during the hot summer, the Gulf's largest utility said on Sunday.
SEC's peak load rose by 10.2 percent to 62,260 megawatts (MW) from 56,547 MW a year earlier, SEC said in a statement.
The state-run company this summer commissioned 4,516 MW of additional power generation capacity by building 22 new power transfer units and facilities, SEC Chief Executive Ziyad Al-Shiha was cited as saying in the statement.
Saudi Arabia, the world's top oil exporter, burns a significant amount of its crude oil for power generation.
Rising domestic power consumption threatens to reduce the amount of crude available for export.
Crude oil used to generate power surged to 894,000 barrels per day in June.
To meet the Kingdom's power demand, which is growing at 6 to 8 percent annually, SEC currently spends SR40 billion to SR60 billion ($10.7 billion to $16 billion) a year.


Samsung delays Galaxy Fold media events in China

Updated 22 April 2019
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Samsung delays Galaxy Fold media events in China

  • Instead of plaudits ahead of the phone’s launch on April 26 in the US, Samsung has instead received brickbats
  • The hashtag #foldgate trended on Twitter because of the smartphone issues

SEOUL: Smartphone maker Samsung postponed media events for its Galaxy Fold planned for this week in Hong Kong and Shanghai, a company official said, days after reviewers of the foldable handset reported defective samples.
The official did not elaborate on reasons or rescheduling.
Instead of plaudits ahead of the phone’s launch on April 26 in the United States, the South Korean conglomerate has been blighted by technology journalists reporting breaks, bulges and blinking screens after using their samples for as little as a day.
Samsung said it received “a few” reports of damage to the displays of samples of the $1,980 handset, raising the specter of the combustible Galaxy Note 7 three years ago which the firm ultimately pulled from shelves at massive cost.
The reviewers’ reports of broken screens went viral online and prompted the creation of hashtag #foldgate on Twitter.
Samsung has hailed the folding design as the future in a field that has seen few surprises since Apple’s iPhone in 2007. Chinese rival Huawei Technologies has also announced a folding handset, the Mate X.
The Samsung official on Monday said it had no change to its previously announced release date in the United States.
It plans to begin South Korean and European sales in May, and Chinese sales from an undisclosed date.