Regulatory and Supervisory Bureau for Electricity & Water in Dubai accredits 3 new ESCOs
The Supervisory Bureau for Electricity & Water in Dubai (RSB) has accredited three new energy service companies (ESCOs) in Dubai, bringing the total to nine. The move comes one year after implementing the accreditation scheme, which supports the Green Economy for Sustainable Development initiative, and the Dubai Integrated Energy Strategy 2030, launched by the Dubai Supreme Council of Energy to reduce energy consumption by 30% by 2030. HE Ali bin Abdullah Al Owais, Chairman of the RSB, presented certificates of accreditation to Al Futtaim Technologies, Honeywell, and Philips Lighting, at a ceremony in the RSBs offices.
"We are pleased to see new companies join the accreditation scheme. This supports the Green Economy for Sustainable Development initiative launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make the UAE one of the leading countries in green economy, while preserving a sustainable environment that supports economic growth in the long term. It also supports the Dubai Plan 2021 to make Dubai a sustainable city whose environmental elements are clean, healthy, and sustainable, as well as the Dubai Integrated Energy Strategy 2030. The new companies will help increase energy efficiency to reduce consumption, support sustainability, and make Dubai a role model in energy-efficiency contracts by strengthening partnerships between the public and private sectors, said HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy and MD & CEO of Dubai Electricity and Water Authority.
We congratulate the new companies and commend the efforts of the nine companies on our roster so far. These companies have demonstrated their technical capability and financial strength to offer energy-saving services to clients. Their work will be a vital element in improving energy-efficiency in Dubai, contributing to achieving the Dubai Integrated Energy Strategy 2030 to reduce energy consumption by 30% by 2030. Two of the nine companies, MAF Dalkia and Philips, have already demonstrated their capability, securing the first contracts let by Dubais Super ESCO, Etihad Energy Services, to improve energy efficiency at DEWAs premises. I wish Philips, Honeywell and Al Futtaim Technologies every success in helping deliver a thriving energy services market in Dubai, said Al Owais.
RSB operates under the auspices of the Dubai Supreme Council of Energy as regulator for Dubais electricity and water sector, as well as accrediting ESCOs. Its responsibilities include licensing of new players in the power sector. ESCOs, or energy service companies, provide energy performance contracting to their clients. They estimate possible savings from upgrading air conditioning systems, more efficient lighting, improved building controls, insulation measures, etc. and are rewarded on the basis of energy savings achieved. The nine companies accredited so far are Al Arsh Facilities Management, Al Futtaim Technologies, Emrill Energy, EMS, Green Technologies, Honeywell, Johnson Controls, MAF Dalkia, and Philips Lighting.
Dubais Integrated Energy Strategy has building retrofits as a key programme to improve energy efficiency. Savings of 1.7 terawatt hours per year are targeted to come from retrofit activities by 2030.
