The agreements were signed at the World Future Energy Summit and was attended by His Excellency Eng. Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE), Jasim Husain Thabet, TAQA’s Group CEO and MD, H.E. Saeed Al Fazari, support services executive director at DCT Abu Dhabi; H. E. Dr. Rabaa Al Sumaiti, director general of ESE, Dr. Tarek Fathey, SEHA's CEO and Professor Ghaleb Ali Al Hadrami Al Breiki, UAEU’s vice chancellor.
Commenting on the development, Khalid Mohamed Al Qubaisi, chief executive officer, ADES, said, We are pleased to partner with DCT, SEHA, UAEU and ESE, some of UAE’s most recognizable institutions that represent how government organizations are prioritizing their sustainable agendas and directly supporting the UAE’s own national targets of reducing carbon emissions. Today’s announcement, held during Abu Dhabi Sustainability Week, is the first step in enabling these entities to realize significant power and water savings across their facilities that will reduce their carbon footprints and their utilities expenditure, and it will further accelerate the growth of the energy services market in Abu Dhabi”.
Under these agreements, ADES will undertake a series of assessments of the power and water consumption across buildings belonging to DCT, SEHA, UAEU, and ESE to achieve tangible savings. Together, the organizations have approximately 34 buildings across the Emirate that will be retrofitted with energy savings technologies to rationalize their consumption and reduce their carbon footprint, supporting the UAE’s net zero ambitions. Some of these sites include the Tawam Hospital in Al Ain, UAEU’s main campus, 10 schools under ESE and the historical and cultural landmark Al Jahili Fort.
ADES was established in Abu Dhabi to create a market for energy services companies (ESCOs) that carry out retrofitting and assessments for power and water consumption in existing structures. The financial model ADES uses does not require any capital commitment from government or commercial entities, instead ADES will manage the whole end-to-end process and the project is paid back over time through the savings on utilities bills. This makes realizing power and water savings and the retrofitting program more accessible and economically desirable for all government entities.
ADES’s mandate is in line with Abu Dhabi’s Demand Side Management and Rationalization Strategy (DSM) 2030, which targets a reduction in electricity consumption by more than 22% and water consumption by more than 32%.