The objectives of the Authority are to:
- Maximize returns from all services
- Fund future growth plans in electricity trading, telecom, and consultancy
- Maintaining reliability of the Grid
- Expand the volume of electricity trading within the GCC
- Expand GCCIA’s telecom scope of services
- Leverage GCCIA’s expertise across functions to offer consulting services
- Explore new market interconnection possibilities
- Plan the interconnection into new markets
- Continuously enhance collaboration between GCC utilities and fostering best practices
- Become a bigger part of the decision making process on regional power planning
- Demonstrate and share GCCIA’s capabilities, knowledge, thought leadership, and benefits to regional utilities to establish greater understanding of GCCIA’s purpose
- Continuously improve design, operation, and maintenance of GCCIA’s system
- Set up systems necessary for trading
- Set up systems necessary for providing telecom services
- Set up systems necessary for providing consulting services
- Become a preferred employer in the region within the power sector
- Develop a structured and continuous career development program
- Position HC as a strategic partner
- Recognize and reward top performers
- Promote a unified culture in alignment with the overall strategy
