The Etihad Energy Services Company (Etihad ESCO), held a press conference today at Hyatt Creek Heights hotel. Etihad ESCO announced successful installation of photovoltaic solar panels, with DEWA’s support, on 554 rooftops of citizens’ homes in Hatta and the retrofitting of 2,092 facilities and buildings in Dubai.
“I am pleased to welcome you today to this press conference to announce the achievements of Etihad Energy Services Company (Etihad ESCO), launched by DEWA in 2013 to provide promising investment opportunities for companies specialising in energy efficiency contracts, financial institutions, and suppliers of green equipment and technology as well as develop an energy efficiency market, create jobs through energy efficiency projects, and retrofit facilities as part of its efforts to make Dubai a leading example of energy efficiency, regionally and globally, in line with the Demand Side Management Strategy 2030 that aims to reduce power and water consumption by 30% by 2030,” said Waleed Salman, Vice Chairman of “Etihad ESCO” , in his speech delivered on behalf of HE Saeed Mohammed Al Tayer, Chairman of Etihad Energy Services Company (Etihad ESCO) and MD & CEO of Dubai Electricity and Water Authority (DEWA) .
“Our comprehensive strategy is aligned with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, as well as with the objectives of the 50-Year Charter and the Eight Principles of Governance in Dubai, launched by His Highness to consolidate the Emirate’s position as a global model of a futuristic city, raise its quality of life, and achieve the happiness of its citizens and residents. Last year, we achieved encouraging outcomes as a result of the success we attained from initiatives and projects for the retrofitting of buildings that we implemented in partnership with leading public and private sector organisations in Dubai. We aim to retrofit more than 30,000 existing buildings in Dubai by 2030 to ensure energy efficiency. The cumulative cost of such strategic projects will be around AED 30 billion, while the estimated value of savings is AED 82 billion, giving the Demand Side Management plan a Positive Net Economic Impact of Net Present Value of AED 52 billion. I am pleased to present to you today the important results achieved by Etihad ESCO during the past year as well as our contribution to significant energy savings in Dubai. Our partnerships with the public and private sectors created significant opportunities to achieve the objectives of the Demand Side Management Strategy in Dubai,” he said.
“Last year, several major projects were carried out by Etihad ESCO, including the installation of photovoltaic solar panels on 554 rooftops in citizens’ homes in Hatta, with DEWA’s support, under the Shams Dubai Initiative, where we successfully retrofitted 2,092 facilities and buildings in Dubai. Our various high-efficiency lighting installations and retrofitting projects achieved total savings of 114.75 million kilowatt-hours of electricity and 132.15 million gallons of water, amounting to AED 55. 7 million. These savings offset around 56,600 tonnes of carbon emissions per year,” he added.
“These achievements strengthen Dubai’s position as one of the world’s leading cities to implement a strategic programme for energy efficiency in the Emirate’s buildings with tangible social, environmental, and economic benefits. On this occasion, I would like to emphasise that Etihad ESCO and Dubai Energy Efficiency Program (Taqati), the specialised office to manage the Demand Side Management Strategy, are committed to preserving the integrity of the environment by promoting the use of renewable energy and raising awareness on energy-efficient methods. In conjunction with this, we will continue our efforts, through Taqati program, to providing internal and administrative advisory support to stakeholders in the Demand Side Management plans for the implementation energy efficiency projects through cooperation with a wide and diverse group of stakeholders.”
“Looking ahead, Etihad ESCO is poised to move forward with energy efficiency projects in the Emirate to new heights this year. By retrofitting 2,439 facilities, we aim to achieve significant total energy savings of 182.6 million kilowatt-hours and 160.19 million gallons of water, amounting to AED 85.7 million. The savings will contribute to the reduction of approximately 80.85 thousand tonnes of carbon emissions per year. In addition, four new projects are planned for this year, and Etihad ESCO, which aims to create an energy-efficient contracting market for energy service companies by auditing and proposing energy conservation standards for contractors and developers of buildings, looks forward to achieve huge financial savings by 2030,” he concluded.
The press conference was also attended by Ali Jassim, CEO of Etihad Energy Services Company (Etihad ESCO) and Khawla Al Muhairi, Executive Vice President for Strategy and Government Communication at Dubai Electricity and Water Authority (DEWA).
Last year several major projects were carried out by Etihad ESCO, including the installation of photovoltaic solar panels on 554 rooftops in citizens’ homes in Hatta with DEWA’s support under the Shams Dubai Initiative. Etihad ESCO also completed the first and second phases of the project to install high-efficiency lighting systems in six of DEWA’s power plants, 14 facilities at the Dubai International Financial Centre, and 1,656 homes for the Mohammed bin Rashid Housing Establishment. The company also retrofitted 7 facilities for DEWA, 156 facilities in Jebel Ali Free Zone, and 243 in Wasl Asset Management Group as well as installing high-efficiency lighting systems in 3 facilities at Dubai Healthcare City.
This year’s projects include the third phase of the project to install high-efficiency lighting systems in 8 of DEWA’s power plants, 23 Drydocks facilities, 22 Seven Tides buildings, the third phase of the project to retrofit energy systems within 26 buildings at Jebel Ali Free Zone (Jafza), 4 facilities within the first phase of Dubai International Airport, the first phase of the project to retrofit 117 mosques for Dubai Islamic Affairs and Charitable Activities Department, 35 facilities at Dubai Golf, installing high-efficiency lighting systems at four facilities at Dubai International Airport, and the project to retrofit 2,200 homes for the Mohammed bin Rashid Housing Establishment, with the support of DEWA.
In addition, 4 new projects are in progress this year: the second phase of the project to retrofit the lighting systems at Dubai Islamic Affairs and Charitable Activities Department, the project to retrofit facilities at Dubai Police HQ, the project to retrofit energy systems at the Mohammed bin Rashid Space Centre, and the second phase of retrofitting energy systems at Dubai Airport’s facilities.