His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and HE Saeed Mohammed Al Tayer, Vice-Chairman of the Dubai Supreme Council of Energy recently launched Demand Side Management (DSM) programme at an event at the Hyatt Regency Dubai Creek Heights hotel in Dubai.
The primary aim of this launch is to transform UAE into a smart, integrated and a connected city by 2021 that sustainably manages its resources in a healthy and sustainable environment.
According to International Renewable Energy Agency (IRENA), annual investments expected in global energy efficiency to reach approximately $5 trillion by 2030. By which point, annual investments in energy efficiency will total around $350 billion.
Officials also added that all these investments are based on the application of energy efficiency in buildings, with total investments expected to reach $125 billion by 2020. This is because buildings are the largest consumers of energy.
The strategy also aims to reduce energy and water demand by 30% by 2030. DSM focuses on reducing energy demand, the rational use of energy and the adoption of best international techniques and practices to lessen the consumption of resources, by raising awareness about the practices and techniques to save energy and reduce costs.
During the launch, all public member companies of the Supreme Council of Energy also agreed to put procedures in place to conserve energy consumption of their buildings. These methods resulted in saving 164-gigawatts (GW) of electricity, which equates to around AED 60 million. Dubai Electricity and Water Authority (DEWA) also established Etihad ESCO to boost the model of energy performance contracts by providing financial organisations with the opportunity to invest in energy-efficient projects, aside from green tools and technology suppliers. Financial institutions can become active partners in the sustainable development of Dubai, with plans to retrofit 30,000 buildings to make them energy-efficient.
Higher authorities also report that the present cost of this strategic project is approximately AED 30 billion, with returns of AED 82 billion and a net profit of AED 52 billion
At the event, HE Saeed Mohammed Al Tayer, Vice Chairman of Dubai Supreme Council of Energy also noted, “The Dubai Green Building Regulation Code has achieved remarkable results since its launch in March 2014. At Jebel Ali and Al Awir power stations, DEWA replaced 8,500 indoor and outdoor lights with LED lights, at a cost of AED 20 million. The project will cut electricity use by about 70%, which is equivalent to 14-gigawatt hours per year and AED 6 million annually, with the costs being recouped within three years. We are currently working on retrofitting 7 DEWA-owned buildings at total cost AED 15 million, which should save gigawatt hours per year. Costs will be redeemed within six years. DEWA’s Shams Dubai initiative has also achieved outstanding results; the initiative encourages tenants and building owners to install photovoltaic solar panels to generate electricity, and connect them with DEWA’s grid. So far, a total of 30 photovoltaic systems have been installed, six of them have been connected to Dubai’s electricity network. DEWA is working to connect the other projects.
“District cooling penetration continues with efficient cooling, and now accounts for over 17% of a total load of cooling in Dubai. The Emirates Authority for Standardisation and Metrology (ESMA) has already implemented standards and labels across a range of products to encourage the adoption of highly efficient appliances in the Emirate. Dubai Municipality is already applying measures to increase the use of treated sewage effluent for public irrigation and district cooling, ahead of its first deadline. Dubai Municipality is also implementing efficient lightings such as LED and Smart Lighting in public parks and beach walks and is already working on a new rating system for buldings, called Saa’fat, which will quantify the level of green standards and will conserve energy and lower carbon dioxide emissions.
“Looking at the future, our targets are becoming more ambitious. The challenges we face are those we must all join to resolve. I believe that through collaboration and teamwork we can achieve our goals and make Dubai the world’s leading sustainable city, for us and for generations to come,” concluded Al Tayer.
During the event, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, also revealed the name of the DSM Program Manager Demand Efficiency programme, called Taqati. His Highness then recognised the relentless efforts and commitment of the DSM Programme Owners afterward.
The ceremony also featured a video presenting the Demand Side Management strategy, in addition to a presentation about the important updates and achievements of the DSM Programme, which was introduced by Aref Abou Zahr, Executive Director of Taqati. The event concluded with a Q&A session for the media.