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The energy was saved through Etihad Esco's retrofit projects implemented for the Dubai Electricity and Water Authority (Dewa), Jafza, Dubai International Financial Centre and the Mohammed Bin Rashid Housing Establishment.
The energy service provider said it would work towards achieving the goals of the demand side management strategy (DSM strategy) and the Dubai Integrated Energy Strategy, by undertaking a number of projects and activities in 2017. The DSM Strategy aims to reduce energy consumption in Dubai by 30 per cent by 2030.
Ali Al Jassim, CEO of Etihad Esco, at a media roundtable on Tuesday, revealed that Etihad Esco had completed retrofitting 2,178 buildings in 2016.
"Our target is to provide energy savings of 20 per cent or above when we go to any facility," he said. "We focus on reducing how much electricity and water is being consumed in a facility. However, we are also going to be focusing on using solar energy in some of our future projects."
Al Jassim explained that Etihad Esco usually predicts a payback period of three to six years with its retrofitting projects. "The period varies from project to project, but we know that a payback period of more than 10 years is not feasible. Our project in Dewa, for example, had a payback period of 3.5 years. We achieve our target by changing the lights in a facility and by changing the water taps so that less water is used by people working there."
- rohma@khaleejtimes.com
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