FORGOT YOUR DETAILS?

Dewa and Etihad ESCO ink Dh37m energy saving deals

by / Saturday, 07 February 2015 / Published in Uncategorized

Dubai — Dubai Electricity & Water Authority, or Dewa, and Etihad Energy Service Company, or Etihad ESCO have signed Dh37 million energy saving performance contracts.

These contracts will improve and enhance overall energy efficiency of the lighting infrastructure of the power plants at Jebel Ali and Al-Awir and 7 Dewa-owned buildings including the main headquarter building.

As part of the guaranteed savings project, Etihad ESCO conducted a technical energy audit on Dewa facilities which identified significant energy efficiency improvement measures as well as related capital improvement measures that will support sustainability and overall energy efficiency. This project will serve as a showcase for the energy performance contracting market at the level of Dubai and the region.

Saeed Mohammed Al Tayer, vice-chairman of the Dubai Supreme Council of Energy, and managing director and CEO of Dewa, expressed his satisfaction with the award of the projects and stated that this initiative is in line with the UAE national strategy

“Green Economy for Sustainable Development” and the directives of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to make the UAE a world leader in the field of Green Economy and “Dubai Integrated Energy Strategy” that aims to reduce the electricity consumption by 30 per cent and the carbon emissions by over five million tonnes by 2030.

“Dewa is proud to lead by example by implementing energy efficiency through the innovative energy performance contracting model which is new for the region and the partnership with Etihad ESCO will further drive public-private partnerships that support the vision of making Dubai a leading example of energy efficiency for the region and the world” said Al Tayer.

One of the projects consists of a comprehensive lighting upgrade with high-efficiency LED technology within Dewa’s power stations in Jebel Ali and Al-Awir, where the contract guarantees a 68 per cent electricity savings for five years with a payback of 3.5 years.

The second project focuses on energy efficiency and water conservation in 7 Dewa-owned buildings, including the improvements of the building control systems, chiller plant facilities, air conditioning equipment and water systems.

It will improve comfort and productivity for customers and staff with the contract guaranteeing an overall savings in electricity and water use of 31 per cent for 6 years with an overall payback of 6 years. Both projects will measurably reduce carbon dioxide (CO2) emissions, which are projected to decline by 8,531 metric tonnes each year, equivalent to removing 1796 cars from the road each year.

In line with Etihad ESCO’s mission of enabling a performance contracting market in Dubai, Etihad ESCO is partnering with Philips Lighting on the Lighting project and MAF Dalkia Middle East on the Building project. Construction on both projects is scheduled to be completed in December 2015.

Leave a Reply

TOP