H.E. Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority(DEWA), emphasized that the UAE is one of the largest nations to invest in clean energy assignments.
H.E Saeed Mohammed Al Tayer highlights the strategies, industries, and inventive assignments to improve stable growth.
• 2.2% electricity distribution and transfer losses
• 4.5% water network beatings
• 1.19 minutes are lost per electricity customer per year, the lowest in the world.
He called for more concerted actions to secure the climate and combat surrounding alter to make sure a stable future for all that all shareholders will highlight at COP 28, which would be hosted by the country later this year.
Al Tayer stated that DEWA has, for several years, stopped starting new assignments to generate energy utilizing fossil fuels. This restricts new water desalination assignments to reverse osmosis technology utilizing clean energy.
Al Tayer formed these statements in his keynote lecture titled “sustainability” a major pillar and a sensation story in the country at the Abu Dhabi Sustainability Week Summit. A huge score of ministers and authorities from the energy and stability industries were present. The Summit is a part of Abu Dhabi Sustainability Week, which is hosted by the Abu Dhabi Future Energy Company under the theme “United on Climate Action Toward COP28”, DEWA is the Opening Ceremony Associate Partner of ADSW 2023.
In his speech, Al Tayer stated that the ADSW is a vital forum to exchange experience and evolve inventive solutions that support international efforts to make sure a more stable future, in line with the desire of the country’s wise leadership. This desire has inspired and headed futuristic methods and guidelines in stability, invention, and future shaping along with evolving the economic, health, social, and services industries for the future. This supports the stable evolvement, agility, and quick adaptation to international geostrategic evolvements and crises and successfully overcoming them.
“These efforts have consequences in the United Arab Emirates assuming a major international status in different sectors, particularly in diversifying energy sources, supporting the circular economy, starting prime clean energy assignments, having the biggest and most effective solar power plants, moreover to being the first nation is the sector to utilize nuclear energy for silent objectives to produce electricity.
The country has gained a major international status, deserving the top ranks in several hands connected to tackling COVID-19, from the reaction phase to the healing and managing the health, social, and economic results of the pandemic. Several nations in the world, are extending the utilization of stick-in-the-mud energies and retrofitting and running old nuclear power plants, consequently, the Russia-Ukraine war and the ensuing geopolitical evolvements have shown the brittleness of the worldwide energy strategy.
Although the United Arab Emirates is carrying out its renewable and clean energy schemes along with the evolvement that balances between the economy and the climate to support actions to combat environmental change, I remember the terms that are complete with confidence and expect by H.H Highness Sheikh Mohammed Bin Zayed Al Nahyan stated – As we ready to host COP28 in 2023 at Expo City Dubai, we highly concentrate on keeping the execution of suggestions from last conferences, and we are serving the accomplish the first international stock take of release commitments under the Paris contract.”
Al Tayer added that the United Arab Emirates has a modern status as one of the largest nations to invest in clean energy assignments. This is a regional and international chief in ambitious national guidelines and leading assignments that anticipate the future to increase stability and secure natural resources for future production.
The United Arab Emirates uses its track record in clean and renewable energy and in decreasing emissions, to hold the most successful international climate event that will highlight the part of the region plays in supporting actions to design the global sustainability schedule through useful methods to adjust to the impacts of environment and decrease its impacts.
Al Tayer disclosed DEWA’s consequences – “As a counted value, we started the DEWA’s space schedule, to improve the functional productivity and effectiveness of the production, transmission, and distribution divisions. It also enhances performance and enhances the pleasure of shareholders. DEWA has sustained its top status among international utilities in the Digital Quotient Report 2022, which was ready by a reputable international advisor. DEWA’s initial public giving was the biggest IPO across the globe in the utility industry throughout 2022.” Stated Al Tayer.
“Through our strategies, industries, and inventive assignments, we target to increase the stable evolvement not just in the United Arab Emirates, but even internationally. Through this forum, I call for more concerted efforts to secure the environment and combat environmental alter through inventive assignments to make sure a stable future for all. Noted Al Tayer.”
Al Tayer commended the actions of the ADSW, which understands the desire of the good administration in advancing the global sustainability schedule and encouraging stable economic, and human evolvement to make sure a brighter and more stable future for us and for productions to come.
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