Power Generation Experiences 5.49% Growth This Year

by Dubaiforum
3 minutes read

Dubai Electricity and Water Authority Achieves Significant Growth in Power Generation Amid Economic Expansion

In a notable development reflecting Dubai’s robust economic landscape, the Dubai Electricity and Water Authority (DEWA) has reported a commendable 5.49% increase in electricity production during the first three quarters of 2024. The authority generated an impressive 45.14 terawatt hours (TWh), indicative of the rising energy demands driven by population growth and ongoing economic development in the emirate.

This rise is emblematic of the UAE’s progressive vision, which seeks to bolster both energy infrastructure and sustainability initiatives within its borders. Under the stewardship of DEWA, the authority has played a pivotal role in addressing the rapidly escalating need for energy in alignment with an increasingly populated and visited Dubai.

Notably, DEWA has also achieved its best-ever summer gross heat rate of 7,923 BTU/kWh, a metric that underscores the authority’s operational excellence and commitment to efficiency in power generation. This milestone is a testament to DEWA’s relentless pursuit of improvement and sustainability, essential considerations as the emirate looks to meet and exceed growing demand.

Saeed Mohammed Al Tayer, the Managing Director and CEO of DEWA, articulated the critical nature of the authority’s contributions to Dubai’s expansive economic growth. He remarked, “We are committed to keeping pace with the steady increase in demand for energy and water, alongside the growth in population and visitor numbers in Dubai. Our efforts are aligned with Dubai’s Economic Agenda D33, which aims to double the size of the economy in the next decade, and the ‘We the UAE 2031’ vision.”

Furthermore, Al Tayer accentuated the strategic expansion of DEWA’s infrastructure, which includes enhancements to both transmission and distribution networks. Such expansions are designed to ensure that the authority can adequately support Dubai’s growth, all while upholding high standards of service reliability, availability, and sustainability.

As of the third quarter of 2024, DEWA’s total installed generation capacity has reached 16.779 gigawatts (GW), with a noteworthy 17% derived from clean energy sources. This commitment to integrating renewable energy is central to DEWA’s strategy, underpinning the authority’s efforts to meet burgeoning electricity needs while remaining aligned with global sustainability objectives.

The integration of clean and renewable energy sources into DEWA’s operations not only addresses the immediate demands for power but also positions the authority as a key player in the UAE’s broader sustainability agenda. The advancement toward a more diversified energy mix reflects a conscientious effort to balance economic growth with environmental stewardship, a critical factor in maintaining long-term viability in the face of global climate objectives.

DEWA’s ongoing commitment to innovation and infrastructure expansion is fundamental to the long-term growth trajectory of Dubai. By strategically investing in a diverse array of energy sources—both traditional and renewable—the authority not only plays an essential role in fueling the emirate’s immediate economic ambitions but also aligns with its sustainability targets for the future.

As the emirate continues to flourish, DEWA’s proactive approach creates a robust foundation for sustained growth, ensuring that both residents and visitors have access to reliable utilities. As such, DEWA stands at the forefront of a transformative period for Dubai, underlining the intricate link between energy provision, economic development, and environmental responsibility.

Overall, as Dubai progresses toward its ambitious goals, DEWA remains committed to fostering an energy landscape that supports not just the present requirements but also the future aspirations of this vibrant city.

In conclusion, DEWA’s achievements in electricity generation and sustainability initiatives signal a promising pathway for Dubai as it navigates through a period marked by unprecedented growth and transformation.

Tags: #EconomyNews #BusinessNews #UAE #Dubai #Sustainability

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