The building sector currently accounts for a large share of emissions and is responsible for 60 to 70 percent of UAE’s electricity consumption. Achieving 30% by 2030 commitments will require the active participation and cooperation of the developers in the region. Highlighting this, the forum underscored the importance of developers and energy service companies working together right from the inception of the building projects; the role of financing process in the creation of mutually beneficial partnerships; and the need to retrofit existing buildings in order to reduce emissions from the buildings sector.
Ali Al Jassim, CEO, Etihad ESCO, highlighted that almost eight per cent of electricity consumption savings and over four per cent 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.