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Etihad ESCO retrofits 2,000 buildings, saves $9.3mn

Etihad ESCO retrofitted over 2,000 buildings in 2016 saving $9.3mn from 54 GWh of energy thanks to carrying out major projects for government organisations.

Dubai Electricity and Water Authority (DEWA), Jebel Ali Free Zone Authority (JAFZA), Dubai International Financial Centre (DIFC), and Mohammed Bin Rashid Housing Establishment (MRHE) have saved on their energy thanks to retrofitting by Etihad ESCO.

The energy service provider is undertaking a number of new projects in 2017 as it works towards achieving the goals of demand side management strategy (DSM Strategy) and Dubai integrated energy strategy (DIES), which aim to slash energy consumption by 30 percent by 2030.

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,” 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.”

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

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.

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