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Etihad ESCO and DEWA sign together AED 37 million energy savings performance contracts 15/1/2015
Dubai Electricity & Water Authority (DEWA) and Etihad Energy Service Company (Etihad ESCO), announced yesterday the signing of two comprehensive Energy Savings Performance Contracts (ESPC) at a combined value of AED 37 million to improve and enhance overall energy efficiency of the lighting infrastructure of the power plants at Jebel Ali and Al-Awir and 7 DEWA-owned buildings including the main headquarter building.
 
As part of the guaranteed savings project, Etihad ESCO conducted a technical energy audit on DEWA facilities which identified significant energy efficiency improvement measures as well as related capital improvement measures that will support sustainability and overall energy efficiency. This project will serve as a showcase for the energy performance contracting market at the level of Dubai and the region.
 
One of the projects consists of a comprehensive lighting upgrade with high-efficiency LED technology within DEWA's power stations in Jebel Ali and Al-Awir, where the contract guarantees a 68 percent electricity savings for 5 years with a payback of 3.5 years. The second project focuses on energy efficiency and water conservation in 7 DEWA-owned buildings, including the improvements of the building control systems, chiller plant facilities, air conditioning equipment and water systems. It will improve comfort and productivity for customers and staff with the contract guaranteeing an overall savings in electricity and water use of 31 percent for 6 years with an overall payback of 6 years. Both projects will measurably reduce carbon dioxide (CO2) emissions, which are projected to decline by 8,531 metric tons each year, equivalent to removing 1796 cars from the road each year.
 
In line with Etihad ESCO's mission of enabling a performance contracting market in Dubai, Etihad ESCO is partnering with Philips Lighting on the Lighting project and MAF Dalkia Middle East on the Building project. Construction on both projects is scheduled to be completed in December 2015. Comprehensive long-term maintenance, repair and replacement of the installed components are also funded through guaranteed energy savings to ensure the installed improvements remain in good working order over the respective contract duration.
 
PHOTO: From Left to Right - Waleed Salman, Vice Chairman of Etihad Esco, HE Saeed Mohammed Al Tayer, Chairman of Etihad Esco, Vice Chairman of Dubai Supreme Council of Energy, MD & CEO of DEWA, Stephane Le Gentil, CEO of Etihad ESCO.
 
 
 
 
 
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