The event deliberated easy financing solutions for retrofit and solar projects that are available for developers.
Etihad ESCO organises retrofit awareness programme in Dubai.
Etihad Energy Service Company (Etihad ESCO) organised a retrofit workshop on 27 September 2018, to raise awareness on the rising relevance of energy efficiency and to discuss ways to address challenges, including financing, that impede the widespread adoption of building retrofits.
The event, Dubai Retrofit and Developers Awareness Program, was successful in helping the attendees gain a better understanding of retrofitting as a tool to achieve energy efficiency, along with the benefits of energy audits and retrofitting projects.
Addressing the challenges related to financing, the session deliberated easy financing solutions for ret- rofit and solar projects that are available for developers.
Ali Al Jassim, CEO, Etihad ESCO, highlighted that almost 8% of electricity consumption savings and over
4% of water consumption savings were achieved in
2017, compared to normal consumption levels. This corresponds respectively to
3.3 TWh per year of electricity saved, and to 4.9 billion Imperial Gallons per year of desalinated water saved. Furthermore, representatives of Etihad ESCO’s clients presented successful retrofit case studies implemented by the company at their facilities. The speakers included Faisal Ali Rasid from Supreme Council of Energy, Armando from DEWA, Siddiqui Kaleem from Dubai Airports, Suhas Inamdar from Al Wasl, and Mohammad Najjar from DIFC.
In addition, the workshop discussed the importance of solar in enhancing energy efficiency of buildings. It emphasised that the ideal and most efficient phase to incorporate solar is during the construction of the building. Etihad ESCO also presented successful solar case studies from the region and drew attention to the potential of solar rooftops and car park. As Etihad ESCO continues to work towards stimulating the building retrofit market that should generate around 800 million worth of energy savings on the utility bill of end users by 2030 the forum discussed the role of measurement and verification (M&V) as an essential tool for effective monitoring of energy savings. Various sustainability services provided by Etihad ESCO were also explained.
Al Jassim said: “The building sector holds huge potential in the achievement of energy efficiency and in lessening the impact of climate change. A range of structural and architectural changes can be incorporated at the designing stage itself to make a huge difference, although, the awareness levels about these possibilities remain quite low. The workshop was successful in engaging developers and other stakeholders in meaningful discussions, including financial challenges that pose hindrance to the adoption of these measures.”
TAQATI elaborated on the significance of capacity building and training in improving the delivery of energy efficiency projects. Representatives of a diverse group of organisations attended the workshop, including Emaar properties, Union Properties, Azizi Developments, Diamond Developers, Omniyat, Al Wasl Properties, Dubai Investment and Meydan Group.
Ali Al Jassim, CEO, Etihad ESCO.