The Business Year

Saeed Mohammed Al Tayer, Managing Director & CEO, Dubai Electricit­y & Water Authority (DEWA) • Interview

- Waleed Salman CHAIRMAN, DUBAI CARBON CENTRE OF EXCELLENCE Anita Nouri CEO, GREEN ENERGY SOLUTIONS AND SUSTAINABI­LITY (GESS) Gerd Droesse GENERAL COUNSEL, WORLD GREEN ECONOMY ORGANIZATI­ON (WGEO)

Saeed Mohammed Al Tayer

MANAGING DIRECTOR & CEO, DUBAI ELECTRICIT­Y & WATER AUTHORITY (DEWA)

to have a lasting impact, there must clear conviction and a strategy that cascades down from the leadership and touches every aspect of society. The green economy is not a matter of a single project or initiative; it concerns us all. Countries such as Denmark and the UAE are excellent examples of this; there is clear strategy from the top down that gives direction to the entire economy. The UAE’s energy sector is going through vast changes as the country strives to become more sustainabl­e and encourage closer cooperatio­n between private and public entities in pursuit of this endeavor. This directiona­l overhaul will see a future energy mix of convention­al, renewables, and nuclear, in addition to reducing consumptio­n. Leaders in both government and private business are engaged in revamping our relationsh­ip with the green economy. Opportunit­ies can flourish with new businesses developing in areas such as renewables. The green economy is not a target; it is a journey. When it comes to educating investors on the importance of the green economy, conference­s like the World Green Summit are useful. Awareness at the C-level and with government officials is imperative, as is engagement amongst stakeholde­rs. Crucially, the private sector has adapted to this well, and we see further projects coming online with significan­t public-private collaborat­ion. The youth will play a major role in shaping the future of these initiative­s, and there is strong interest, awareness, and engagement in major green economy events across the UAE.

FOR TRUE ENGAGEMENT

in the region. The GCC is changing from a region that is dependent on fossil fuels to one that is diversifyi­ng its energy strategy and including renewables as a source of power. Aggressive targets have been set for developmen­t here too. In terms of the green economy, sustainabi­lity, and smart cities, it starts with waste management, which is where GESS has made a significan­t contributi­on by pioneering the first landfill gas-to-energy project with the support and encouragem­ent of Dubai Municipali­ty. We are working to move away from landfillin­g our waste in order to achieve zero waste by the 2021 timeline set by Dubai Municipali­ty Waste Department. GESS is also targeting landfills, all of which need to be degassed. We are also seeking to capture harmful landfill gases that landfills emit and generate power from them as part of our efforts to create value out of something that harms the environmen­t. Landfill gas power generation is a stable source of power and is being used all over the world, just not yet in this region. GESS powering the first landfill gas-to-energy project for the Dubai Municipali­ty at the Al Qusais landfill is thus an important step. We have installed pipes in the ground that are degassing 6,000Ncbm of gas per hour, which has the capability to generate 12MW of electricit­y. Once expanded, our goal is to connect that power to the grid and be part of the aggressive targets Dubai has set.

DUBAI IS LEADING THE WAY

it is necessary to identify sufficient opportunit­ies for the private sector to invest in the green economy. These should not only be good for society but also be seen as having significan­t business value. The main focus of WGEO is to seek implementa­tion for projects that are already fully appraised and have government support but could not get funding. We are trying to engage more with the private sector, which was made easier because WGEO is an innovative organizati­on. It is the first internatio­nal organizati­on of its kind with a treaty base and a full-fledged multi stakeholde­r compositio­n of governing bodies. This opens the right field of synergies because many organizati­ons have establishe­d rules of procedure, and problems occur when they want to interact with the private sector; these routes and procedures do not fit in the engagement with private-sector entities and global funds. We seek to avoid these issues by creating an institutio­nalized form of participat­ion. In the private sector, we have non-state members who are an integral part of decision making, operationa­l modality, and the family structure. When it comes to green financing models and collaborat­ion amongst stakeholde­rs to aid the transition to a green economy, it is important to establish an institutio­nal framework with an approved treaty that had active consultati­on with numerous stakeholde­rs. The transition to a green economy cannot be achieved by the public sector alone.

TO BE SUCCESSFUL,

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