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Home / NEWS / DEWA to invest $22bn in energy sector over next five years

DEWA to invest $22bn in energy sector over next five years

by Jumana Abdel-Razzaq on Feb 7, 2018


HE Saeed Mohammed, MD & CEO of DEWA.
HE Saeed Mohammed, MD & CEO of DEWA.

Dubai Electricity and Water Authority (DEWA) plans to invest $22bn (AED81bn) over the next five years to meet the energy needs of the Emirate in the lead up to Dubai Expo 2020.

DEWA allocated $1.1bn (AED4.26bn) for Expo 2020 electricity and water infrastructure and is currently developing the three main substations to power the Expo site.

HE Saeed Mohammed, MD & CEO of DEWA, said: “This will strengthen the UAE’s global competitiveness with a focus on green economy, by launching projects in clean and renewable energy infrastructure.

“This supports the Dubai Clean Energy Strategy 2050, which aims to make Dubai a global hub for clean energy and green economy, and diversify the energy mix so clean energy will generate 75% of Dubai’s total power output by 2050.”

READ: DEWA awards $300m contract for H-Station Phase 4

The authority aims to enhance infrastructure and its total production capacity to reach 10,200MW of electricity and 470 million imperial gallons (MIGD) of desalinated water per day. A further 4,000MW of energy production will also be built.

Earlier this week, the authority awarded a nearly $300m (AED1.1bn) contract for the H-Station Phase 4 construction works at Al Aweer to a Siemens and ELSEWEDY Power consortium.

The power station will test, supply, and commission three gas turbines with a total capacity of 815 megawatts (MW).

Additionally, construction on Dubai’s $3.1bn (AED11.5bn) M-Station electricity and desalination plant has reached 82% completion in December 2017, with most of the civil work of the expansion has been completed.

“From 2006 to 2017, DEWA’s cumulative energy production efficiency increased by 27%. DEWA has reduced losses in power transmission and distribution networks to 3.3%, compared to 6-7% in Europe and the USA,” Al Tayer added.

DEWA has established 235 132/11 kV substations as of the end of 2017 and has commissioned 15 at the end of last year at a total cost of $454m (AED1.67bn).

 

 

 



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