The Saudi Electricity Company (SEC) delivered a record 114.6TWh in electricity to consumers last quarter, its Q3 results show. Electricity consumption has been on a steep upwards trajectory in recent years, and has accelerated further this year (see chart 1) amid strong economic growth and the growing electrification of the economy. Total consumption of 275TWh over the first nine months of the year was up 7% year-on-year.
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