Dubai's Investment in Energy Efficiency Projects Increased to $136m in 2017

DUBAI’S Regulatory & Supervisory Bureau (RSB) for electricity and water reported that the UAE city’s complete investments in the energy efficiency market increased to $136m (AED500m) in 2017.

According to the Bureau’s 2017 annual report energy efficiency project investment reached AED250m in 2017, increasing by a third compared to 2016.  These projects that provided the increase are expected to achieve 21% savings in electricity, and 31% in water.

Energy service companies have launched energy-efficiency projects worth AED200m in around 2,500 buildings as part of the building retrofit programme since 2014. This has been achieved by implementing measures to improve efficiency in energy and water use.

Ali bin Abdullah Al Owais, chairman of the RSB, said: “There is now substantial tangible evidence of Dubai’s energy transformation. We are pleased with our contribution to increasing reliance on renewable energy sources in the energy production system and accelerating investments in energy efficiency projects.” 

Friday 20th July 2018

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