Dewa and Saudi Aramco sign smart-grid MoU
February 5, 2019
The Dubai Electricity & Water Authority (Dewa) has signed a memorandum of understanding (MoU) with Saudi Aramco to cooperate on energy, research and development, and smart grids, as well as exchange experiences and best practices.
The MoU was signed by HE Saeed Mohammed Al Tayer, CEO of Dewa, and Abdulkareem Al Ghamdi, vice president of power systems at Saudi Aramco. The meeting was attended by officials from both organisations.
Dewa and Saudi Aramco plan to cooperate in exploring joint strategic ventures in the energy sector, collaborate on R&D in power generation, innovation and testing centres, water desalination and purification, smart grids and network integration, process automation, robotics, artificial intelligence, blockchain, 3D printing and additive manufacturing, big data analysis, digital transformation, and technological development.
They will also cooperate on the Energy Service Company (Esco) business model to enhance energy efficiency and building retrofits, as well as training and capacity building. Dewa and Aramco will work together on sustainability, environmental protection, carbon abatement and climate change adaptation management.
“This MoU supports the vision of the wise leadership in both the UAE and the Kingdom of Saudi Arabia and contributes to achieving integration across all vital sectors through joint efforts to support national and regional goals and common interests, anticipate the future and adopt innovation to enhance sustainability of development,” said Al Tayer. “The collaboration with Saudi Aramco supports regional efforts to enhance the energy, water, smart transformation, smart grids, energy efficiency and sustainability sectors.”
He said the MoU supported Dewa’s efforts to implement future development plans in the energy and water sectors and develop the infrastructure that kept pace with the growing demand for electricity and water services to achieve the overall sustainable development.
“We are pleased to cooperate with our brothers in the Kingdom of Saudi Arabia to exchange experiences, expertise and best practices, in line with Dewa’s vision to become a leading sustainable innovative global corporation,” said Al Tayer.
He noted that Dewa had achieved competitive results, surpassing major European and American utilities in efficiency and reliability. Dewa has reduced losses from electricity transmission and distribution networks to 3.3% compared to 6 to 7% in the USA and Europe, while water network losses were reduced to 6.6% compared to 15% in North America, which is one of best results in the world.
Dewa also achieved the lowest customer minutes lost per year (CML) in the world of 2.39 CML compared with 15 minutes in Europe. The UAE, represented by Dewa, maintained its first place globally, for the second consecutive year in all Getting Electricity indicators in the World Bank’s Doing Business 2019 report.
“We look forward for our partnership with Dewa as it is an important step to achieve our shared objectives and goals that aim at identifying new opportunities within our business for deployment of new energy, smart grid and digital applications,” said Abdulkareem. “Through this partnership, we’re pursuing an exchange of experiences and best practices that will help both parties to leverage technology and accelerate business growth and drive innovation in the energy sector. This MoU supports our vision to lead the digital transformation in the energy industry by applying effective technologies to enable operational efficiencies. The collaboration with Dewa will compliment our on-going energy and technology initiatives.”