Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  
Etihad ESCO's Building Retrofit Programme Saves Energy Worth Over AED 34 Million
 

The energy service provider has successfully completed retrofit projects for 2,178 buildings

Dubai, United Arab Emirates: Etihad ESCO’s retrofit projects have successfully saved 54GHW of energy in 2016, through five major projects, implemented for DEWA, JAFZA, Dubai International Financial Centre (DIFC) and Mohammed Bin Rashid Housing Establishment (MRHE), which equates to AED 34 Million in monetary terms.

The energy service provider said today that it will be working towards achieving the goals of Demand Side Management Strategy (DSM Strategy) and Dubai Integrated Energy Strategy (DIES), by undertaking a number of projects and activities in 2017 as well.  DSM Strategy and Dubai's electricity aims to reduce energy consumption by 30% by 2030.

Commenting on the energy savings achieved, Mr. Ali Al Jassim, CEO of Etihad ESCO said, “As of today, we are pleased to announce that 2016 saw positive growth for ESCOs in Dubai. Most of our projects and programmes enabled a considerable amount of energy savings while advancing into more extensive phases of implementation. We have successfully completed retrofitting of 2,178 buildings. In general, buildings comprise a huge amount of the total consumption in Dubai, and thus make an important component in the Dubai Integrated Energy Strategy and Demand Side Management Strategy 2030.”

He added that in line with its objective to build a platform and facilitate the ESCO market in the Emirate, Etihad ESCO will continue to accredit ESCOs to participate in ESCO tenders. The organisation is also working closely with accredited ESCOs in the UAE to bring in best practices into the energy sector.

At a recent workshop organised by Philips Lighting, which discussed both short and long term expectations of Etihad ESCO, measurable KPIs were identified as one of the key criteria. “We are also working on an updated standard contract which will become an integral part of the ESCO accreditation process in 2017. We encourage ESCOs to keep developing and improving themselves to benefit from the rapidly increasing energy retrofit market,” Al Jassim said.

Some of the important future projects by Etihad ESCO will include Energy Management Service (EMS) works for the Dubai Civil Defence, Hatta solar project, Dubai International Airport (Phase 2), and Drydocks (Phase 2). It will also start work on the tender for its first private sector contract with Seven Tides, a leading luxury property developer in the UAE, in 2017.

Posted by : Dubai PR Network Editorial Team
Viewed 2788 times
PR Category : Energy and Industry
Posted on : Tuesday, January 10, 2017  5:26:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : France Maintain Its Presence In The Middle Eastern Renewable...
Next Story : Global Energy Leaders Gather in Abu Dhabi to Accelerate Rene...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Wellbeing Medical Centre - ULTRAFORMER III Best and latest Anti-Ageing treatments [12493-Views]
Finally a Body that fits you! Cryolipolysis Fat Freeze [11913-Views]
Sandro Announces Expansion within The Middle East [11212-Views]
Middle East and African beauty and personal care market to grow to US$34.5 billion by 2021... [10413-Views]
IKEA Introduces Limited Edition ‘Art Event 2017' Contemporary Drawing Collection [9589-Views]
Chloé eyewear introduces the new "Nola" sunglasses collection [9510-Views]
Introducing JOHNSON'S® NEW Vita-Rich range with Cocoa Butter [8802-Views]
COÉGA Sunwear Teams Up With GO Sport on Exclusive SS17 Swimwear Collection [8632-Views]
Dubai Design & Fashion Council Launches DDFC Membership to Support Sustainable Development... [8613-Views]
Nautica Spring 2017 Collection [7576-Views]
Ulysse Nardin Marine Regattav [7418-Views]
Win up to 30 Kilos of Gold in 18 Days at Malabar Gold & Diamonds [7344-Views]
Paule Ka Launches New Fall/Winter 2017 Collection in Dubai [7320-Views]
TRESemme Hair Academy Launches in Arabia with Georges Mendelek and Alanoud Badr [6991-Views]
Interstuhl launches VINTAGEis5 chair in the GCC [6954-Views]
du Football Champions awarded Gold for its successful engagement of UAE youth [6942-Views]
Sheikh Khalid Al Qassimi Steers Peugeot 3008DKR to Victory [6808-Views]
Al-Futtaim Motors launches the UAE's first hybrid truck [6710-Views]
Mövenpick Hotels & Resorts' Pakistan Presence Blooms as Firm Signs New Property in th... [6503-Views]
Tame Your Beard with The Art Of Shaving [6350-Views]
World's first reinforced Arc7 class LNG carrier maiden port calls go smooth as ice, thanks... [6149-Views]
H.H. Sheikh Ahmed lays foundation stone of Silicon Mall at Dubai Silicon Oasis [5990-Views]
HP Inc. launches World's Most Advanced and Secure A3 Printers in the UAE [5899-Views]
ESCADA Amelia - Diamond timepiece [5893-Views]
Denim Days with GUESS and F&F [5630-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories