Dewa approves budget increase for energy projects
January 17, 2018
The Dubai Electricity & Water Authority (Dewa) has approved a total budget of AED26.417bn for 2018, up from AED24.358bn in 2017, to invest in conventional and non-conventional energy sources, advanced technologies and innovative projects.
Dewa says it recognises the vital role of renewable and clean energy sources in realising the objectives of the Dubai Clean Energy Strategy to provide 75% of Dubai’s total power output from clean energy by 2050. Dewa has announced that its 700MW concentrated solar power independent power producer model project will cost AED14.2bn.
Dewa’s vision is aligned with strategies at federal and local levels. Accordingly, budget allocations have been made in 2018 for investment in strategic innovation, R&D, renewable energy, green technology, smart grid, energy efficiency, demand-side management and other projects.
“We have a holistic approach for the energy sector and we translated that into workable strategies,” said HE Saeed Mohammed Al Tayer, CEO of Dewa. “The budget supports the vision of our leadership to provide citizens and residents with excellent services in a smart and well-connected city, which is recognised as a world model for developing clean energy, inspiring innovation and creativity, and promoting sustainability.”
AED10bn of the 2018 budget has been allocated to capital projects and capital purchases, compared with AED8.7bn in 2017. The 2018 budget includes AED2.7bn for electricity and water generation, AED5bn for power transmission, AED1.7bn for power distribution, and AED0.5bn for water transmission and distribution projects.
Transmission projects include building three 400kV substations at a cost of AED1bn, 116km of 400kV overhead lines at AED812m and ten 132kV substations at a cost of AED855mn. Another AED1.3bn has been allocated for laying 235km of 132kV cables and for installing substation control systems.
To increase Dewa’s water storage capacity, AED165m has been allocated for constructing a 30 MIG reservoir in Hatta and upgrading pumping stations at Jebel Ali – Habab and Khawaneej.
Dewa’s 2018 operating budget is AED15.4bn compared with AED14.9bn in 2017. The administration capital budget is AED921m.
“Dewa’s 2018 budget combines ambitious initiatives and innovative projects that expand capacity in generation and transmission, strengthen the reliability and security of the network and will contribute to make Dubai the smartest city in the world, committed to energy efficiency, green growth and becoming a model of resources sustainability,” said Al Tayer.
• UAE environmental management company Bee'ah has purchased a fleet of 50 Tesla Semi all-electric lorries, the company announced at this week’s World Future Energy Summit in Abu Dhabi.
"We are extremely pleased to turn towards Tesla to enhance our leadership of sustainable practices in the region," said HE Salim Al Owais, chairman of Bee'ah. “As a company that strives to be the best in our field, we only work with partners that we consider to be the best in theirs. Through this latest investment, we hope to demonstrate to others the value and importance of seeking out better, more viable ways of achieving our business aims, all for the greater good of our communities."