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 4325 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
SOUQ.com to Launch Half a Million Deals for White Friday 2017 [18001-Views]
Roja Parfums ELYSIUM - Now available at Paris Gallery in UAE [14732-Views]
Give the Gift of Beautiful Hair with SHOW Beauty [14048-Views]
PLAY FOR PEACE, Spread Good Vibes this Christmas [13908-Views]
Runway Dubai Wrapped up an inspiring star studded event with iconic designer, Walid Atalla... [13426-Views]
Celebrating regional artistry, creativity and talent through a passion for makeup at the a... [12481-Views]
FOREO: Futuristic Gifting Ideas [11328-Views]
Six pairs of Emirati siblings marched together at Skyline's 27th Graduation Ceremony [10919-Views]
Infinix Launches Zero 5 in Dubai in Partnership with Souq.com [10577-Views]
TKD Lingerie: New lingerie treats for the holidays [9077-Views]
Stylish automatics from CITIZEN made for the special occasion [9034-Views]
Alessandro International mystifies with its launch event for its Winter Collection [8772-Views]
Tissot Chrono XL - It's time to think big! [8650-Views]
Santa Claus is coming to town on a festive Graham Chronofighter Vintage Nose Art Ltd [8552-Views]
Alpha Assured Assistance (AAA) Loyalty Program to ramp up loyalty landscape in the UAE [7814-Views]
ALWAYS TOP OF THE CHARTS: THE ICONS [7448-Views]
Tub Of Butter Celebrates First Birthday with 1 Dhs Coffee [7180-Views]
Ulysse Nardin Marine Torpilleur Military - The Mark of A Captain [7003-Views]
SAINT HONORE Celebrates the UAE's 46th National Day with a Limited Edition Haussman Quartz [6844-Views]
The Rado True Cyclo - Exclusive watch co-developed with French designer Philippe Nigro [6472-Views]
Dubai RAK Diabetes Center launches Dhs 1 Diabetes screening for residents [6454-Views]
Middle East Food Forum (MEFF) to host its 2nd edition co-located with SIAL Middle East in ... [5508-Views]
Experience the best of Korean beauty with Missha [5411-Views]
SOUQ ramps up operations ahead of White Friday Sale [5100-Views]
Dubai Shines as Global Industry Descends on Vod Dubai International Jewellery Show [4935-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories