Managing director and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer revealed that the authority has investments of over AED 86 billion over the next five years to meet the accelerating demand for electricity and water in the emirate.
Al Tayer also noted that the state plans to lead the global efforts in the clean and renewable energy sector through its strategies and investments under the UAE Energy Strategy 2050, according to a press release.
The strategy aims to boost the contribution of clean energy in total energy mix to 50% by 2050, he added.
Moreover, 75% of Dubai’s total power capacity will be provided from clean energy sources by 2050 under the Dubai Clean Energy Strategy 2050, he indicated.
“DEWA has an installed capacity of 11,400 megawatts (MW) of electricity and 470 Million Imperial Gallons (MIGD) of desalinated water per day, and provides services to over 900,000 customers in Dubai through the highest levels of availability, reliability, quality and efficiency,” Al Tayer said.
This came on the sidelines of the 24th World Energy Congress (WEC), which is being held in Abu Dhabi from 9 to 12 September 2019.