Ronaldo, 47, agreed with BPW Sports company to sell the 90% stake he acquired in 2021 for $70 million
The primary focus of energy authorities in Dubai is to cut down on air-conditioning expenditure in the emirate and raise awareness on the importance of conservation of energy at grass-root levels, he said.
Dewa and the SCE, while announcing the launch of Earth Hour 2012 activities, stressed that the main aim of the authorities is to cut down 30 per cent of energy consumption by developing a sharper strategy. Al Tayer added that 70 per cent of the power consumed today is by air conditioners of the city’s buildings.
Speaking on the sidelines of the conference, Nejib Zaafrani, CEO of SCE, said: “See, there is no other alternative to air-conditioning here in Dubai and consumption is also on the rise. Last year, Dewa recorded 20,000 new consumers for electricity and water in the city, which is a net growth of six per cent. We are going to launch a three-phase initiative to cut down on air-conditioning costs in the city, which at the moment is extremely high.”
Zafrani added that as part of the initiative, the first task would be to check out old air-conditioning equipment in buildings across the city. “Some of the buildings have air-conditioning equipment that is almost 30 years old and it draws a lot of power.
District cooling will be implemented in two areas across the city and details of this will be released shortly, said Zafrani.
Al Tayer said: “We are perfect on the supply side. Wastage has been cut down drastically and 90 per cent of the fuel is consumed efficiently. But the problem is on the demand side. Demand for power is extremely high in the city.”
To keep track of single consumer data, Dewa will soon launch 10,000 smart meters for water and electricity separately.
Plans to introduce colour-coded electricity bills, which will depict high or low usage of the consumer is also on the pipeline, added Zafrani.
Ronaldo, 47, agreed with BPW Sports company to sell the 90% stake he acquired in 2021 for $70 million
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