Etihad ESCO, TAQATI to Highlight Significant Role of Utilizing Energy Solutions at WFES 2018
Etihad Energy Services Company (Etihad ESCO), a leading energy service company and a wholly-owned subsidiary of DEWA, threw the spotlight on the significant role played by the efforts to utilize energy efficient solutions in the move towards achieving sustainability during its participation at the World Future Energy Summit (WFES 2018) along with TAQATI, the energy efficiency program set up by the Dubai Supreme Council of Energy (DSCE) under Etihad ESCO.
The Summit will be held at the Abu Dhabi National Exhibition Centre in Abu Dhabi from January 15 to 18, 2018 as part of the Abu Dhabi Sustainability Week. The company highlights strategies aimed at promoting innovative approaches to retrofitting initiatives.
Ali Al Jassim, CEO of Etihad ESCO, will share strategies for developing novel approaches to retrofitting during the ‘Energy Efficiency in Buildings Forum’ dedicated to energy efficiency on the last day of WFES. He will also throw the spotlight on retrofitting programs being undertaken by government authorities to overhaul existing public buildings in the region and make them more energy efficient.
“By designing and developing detailed plans for building and district cooling retrofits to aid in the reduction of energy consumption, Etihad ESCO aims to support Dubai’s transformation into one of the most sustainable cities in the world.
The growing focus on retrofitting initiatives in the region also demonstrates how engineering and design policies can help achieve sustainability targets and cut down operational costs. These measures will be in line with the goal of reducing energy demand by 30 per cent by 2030 by increasing the use of clean energy, and implementing the UAE Green Growth Strategy to enhance sustainable development,” said Al Jassim.
In addition to drawing attention to the efficient management of existing resources through retrofitting programs, Etihad ESCO also will also announce the Dubai Airport Engineering, Procurement and Construction (EPC) Project on the second day of WFES.
Aref Abou Zahr, Executive Director of TAQATI, will deliver a presentation on energy efficient appliances and labelling at the Emirates Authority for Standardization and Metrology (ESMA) pavilion on January 16 during the Summit.
“Building owners in the region are increasingly investing in innovative energy-efficient solutions to reduce operating costs and improve sustainable performance through retrofitting and district cooling initiatives. We are confident that the insights and expertise that will be shared during the Summit will further fuel widespread adoption of energy efficient solutions,” said Abou Zahr.
Pradeep Singh, Business Development and Technical Manager, Etihad ESCO, will deliver a session on ‘Understanding the retrofit finance model and the potential savings a retrofit brings.’ Retrofitting practices adopted by energy services companies allow building owners to make up for cost through savings on their electricity and water bills.
The discussion will outline how this model works, the significance of energy audits, how savings are calculated, and the typical payback period. The session aims to raise awareness on how retrofits can help organizations save on energy and water costs.
Etihad Energy Services Company (Etihad ESCO)
Etihad, Arabic for “Union” is inspired by the United Arab Emirates legacy that spans over four decades of development and progress.
Etihad ESCO is inspiring cross sector actions and partnerships among multiple Stakeholders to create and sustain a vibrant market for energy performance Contracts.
Dubai is one of the leading cities in the world implementing a city–wide strategic buildings energy efficiency program with tangible Social, Environmental and Economic benefits.
Etihad’s purpose is to serve the strategic goal of the United Arab Emirates pursuing a green economy for sustainable development by making Dubai a global model of green economy transition through leadership, partnership and adoption of energy efficiency technologies.
Dubai is committed to the goal of becoming one of the most energy efficient cities in the world and is reinforcing its position as a global center and destination for sustainability development. The target to save 30% electricity and water in 17 years is one of the most aggressive globally.
Given the importance of the DSM target of reducing energy consumption by 30% by 2030 and the different stakeholders involved to make it happen, the Dubai Supreme Council of Energy (DSCE)established TAQATI in January 2016, as the dedicated Program Management Office for the Dubai Demand Side Management Strategy.
TAQATI is set up under Etihad ESCO, a wholly-owned DEWA subsidiary. The institutional setup for TAQATI ensures clear reporting lines to and effective governance from DSCE. It interacts with a wide and diverse range of stakeholders to provide coherent and comprehensive DSM Strategy implementation management.
World Future Energy Summit
The annual World Future Energy Summit in Abu Dhabi is the leading global industry event and marketplace for future energy, cleantech and sustainability. Bringing together government and business leaders, 800 specialist exhibitors and 33,500 visitors from 170 countries, it showcases pioneering technologies and ground-breaking thinking in energy and energy efficiency, water, solar, waste, smart cities and more.