Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- Etihad ESCO's retrofitting operations saved 54GHW of energy, AED34 m in 2016  Join our daily free Newsletter

MENAFN - Emirates News Agency (WAM) - 11/01/2017
No. of Ratings : 0
Add to Mixx!


(MENAFN - Emirates News Agency (WAM))

DUBAI, 10th January, 2017 (WAM) -- Etihad Energy Services Company,Etihad ESCO's, retrofit projects have saved 54GHW of energy in 2016, with the retrofitting of 2,178 building which equates to 9.3m (AED34 m) in monetary terms.

Five of Etihad Esco's major projects include Dubai Electricity and Water Authority (DEWA), Jebel Ali Free Zone Authority (JAFZA), Dubai International Financial Centre (DIFC), and Mohammed Bin Rashid Housing Establishment (MRHE).

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 per cent by 2030.

Commenting on the energy savings achieved, 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 programes enabled a considerable amount of energy savings while advancing into more extensive phases of implementation. We have successfully completed retrofitting of 2,178 buildings,' he added.

"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.

Jassim also said that its retrofit programme for 2017 includes 2,000 buildings and energy saving of 20 per cent.

Etihad ESCO is a Dubai Electricity and Water Authority venture that aims to make Dubai set a leading environment example of energy efficiency for the region and the world.


WAM/tfaham
MENAFN1101201700610000ID1095176334

 


Emirates News Agency (WAM)




  MENA News Headlines
 Jan 21 2017 - Joleon Lescott: Sunderland mulling over signing the free agentThe Peninsula
(MENAFN - The Peninsula) According to reports, Sunderland are considering making a move for veteran defender Joleon Lescott. The former Man City and Everton star, who is now a free agent, ...

 Jan 21 2017 - The Mind of Conte: How Chelsea's fluid front trio tore Leicester apartThe Peninsula
(MENAFN - The Peninsula) Amid all the speculation around Diego Costa and his future at the club, Chelsea produced a convincing performance away to Leicester last Saturday, which was exactly what the ...

 Jan 21 2017 - Williams shocked at deadly Melbourne rampageThe Peninsula
(MENAFN - The Peninsula) Melbourne:Serena Williams Saturday expressed her shock at the deadly rampage at a Melbourne shopping strip, as the Australian Open observed a minute's silence for the ...

 Jan 21 2017 - Syrian refugee, tripped by journalist, 'sad but hopeful'The Peninsula
(MENAFN - The Peninsula) Getafe, Spain: Over a year after arriving in Spain, the Syrian refugee who made headlines when a Hungarian journalist tripped him up as he fled police is still waiting for ...

 Jan 21 2017 - Solar energy in UAE expected to hit low records in 2017MENAFN
(MENAFN) An Emirati senior executive told press that solar energy costs will witness record lows this year in UAE, following two world records set in Dubai and Abu Dhabi last year.Ivano Iannelli, CEO ...

 Jan 21 2017 - Three Egyptian oil firms' budgets endorsed by Finance MinisterMENAFN
(MENAFN) According to Egyptian Petroleum Minister Tarek El -Molla, the planning budgets of three oil firms for financial year 2017/18 have been endorsed.The Minister headed the meeting of general ...

 Jan 21 2017 - Emaar to build new tower in Dubai Creek HarbourMENAFN
(MENAFN) Dubai-based Emaar Properties PJSC will launch Creek Gate, a new residential project in Dubai Creek Harbour next week, registered brokers told Zawya Projects. According to a real estate agent ...

 Jan 21 2017 - Nigeria air strike death toll hits 90Gulf Times
(MENAFN - Gulf Times) The death toll from a botched Nigerian air strike against Boko Haram that hit a camp for displaced people has risen to 90, and could climb as high as 170, Doctors Without ...

 Jan 21 2017 - WEF, UCSB-SBI unveil partnership to protect ocean economyKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) DAVOS, Switzerland, Jan 20 (KUNA) -- The World Economic Forum (WEF) and the University of California Santa Barbara's Marine Science Institute (UCSB-SBI) on Friday ...

 Jan 21 2017 - Trump has to define America's role in new world order - KissingerKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) DAVOS, Switzerland, Jan 20 (KUNA) -- With the international order in place since World War II breaking down, the new president of the United States, Donald J. ...

more...


 





Google

Easy Forex
 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help