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HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), gave a keynote speech in the plenary session about DEWA’s work on innovation and sustainability at The Energy Industries Council Conference, which is organised by the UK Energy Industries Council (EIC) at the Dusit Thani Hotel in Abu Dhabi. The plenary session included HE Dr Matar Hamed Al Neyadi, Undersecretary of Ministry of Energy and Industry, HE Philip Parham, British Ambassador to the UAE and Stuart Broadley, Executive Chairman of the UK Energy Industries Council. The conference included an exhibition to show innovative technologies, products and services, the current and future opportunities in the energy sector. It has involved companies and suppliers from Britain and the United Arab Emirates.
“I would like to thank the UK Energy Industries Council (EIC) for organising this conference and for this invitation to present Dubai's experiences in increasing renewable and clean energy share and contributing to the advancement of the UAE’s sustainable development. The UAE and the UK have strong economic, strategic and cultural ties. These strong relations were established by the late Sheikh Zayed bin Sultan Al Nahyan, the Founder of the UAE, may his soul rest in peace. In 2018, we celebrate the Year of Zayed, which marks 100 years since his birth. The mutual relations between our two countries are closer today than ever before under the wise leadership of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces,” said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA in his speech.
“The UAE is Britain’s top Arab trade partner, and its 11th largest international trade partner, with trade exceeding 20 billion US dollars. There are 120,000 British expatriates living in the UAE and 1.5 million British tourists per year. Thousands of Emiratis travel to the UK to visit, work or study at its distinguished universities and academic centres. This has encouraged leading British companies to undertake major projects and join over 5,000 British companies operating in the UAE, and we hope this number will continue to grow. The UAE has established strong ties with the UK in various fields such as trade, investment, energy, climate change, culture, education, health, sports, international development and foreign relations. The UAE has become a global model for sustainable development, based on the vision of our wise leadership, who is shaping the future to get ready to export the last barrel of oil. We are doing this by implementing quality projects to increase our share of renewable energy within our energy mix,” said Al Tayer.
“To achieve our vision to become a sustainable innovative world-class utility, Dubai Electricity and Water Authority (DEWA) has aligned its strategy to the UAE Centennial 2071, the UAE Vision 2021, the Dubai Plan 2021, the Dubai Clean Energy Strategy 2050, the Demand-Side Management Strategy 2030, the UAE Green Growth Strategy and other relevant strategies. DEWA, as a provider of electricity and water, has an integrated value-chain from planning, generation, transmission, distribution to delivering the best customer services. We are working to provide the finest government services with the highest levels of efficiency, reliability and availability, to achieve the highest happiness rates of our stakeholders. However, the journey is a continuous one. DEWA is serving over 800,000 customers. Its assets exceed 144 billion Dirhams and our investments will amount to 81 billion Dirhams over the next five years to meet growing demand for electricity and water in the Emirate,” continued Al Tayer.
“The results of DEWA’s efforts were excellent, by all standards. Many processes for development and improvement have been introduced to the production and operational processes to raise efficiency and reducing costs. One of DEWA’s major projects is the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site solar park in the world. It will produce 5,000 MW by 2030, at a total investment of 50 billion Dirhams. Upon completion, the solar park will help reduce over 6.5 million tonnes of carbon emissions per year.”
“We’ve adopted the Independent Power Producer (IPP) model to enhance public-private partnerships. Through this model, we have reached the lowest international prices. DEWA has over 4,000MW of IPP projects underway, in partnership with the private sector at a total investment of 30 billion Dirhams,” explained Al Tayer.
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