GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Empower announced recently a saving of 1000 MW of electricity, which is equal to AED 2.6 billion, as a result of using its district cooling services in 2016

Dubai, UAE, April 17 2017: Emirates Central Cooling Systems Corporation (Empower), world's largest district cooling services provider, underlined the importance of district cooling as an environment-friendly alternative to conventionalair-conditioning. The company emphasised the importance of district cooling to real estate developers ahead of the upcoming Cityscape Abu Dhabi2017, one of the largest and most significant real estate events, which will take place at the Abu Dhabi National Exhibition Centre (ADNEC)from April18th to 20th 2017.

'District cooling is the need of the hour. It paves the way for economic advancements. The UAE is making remarkable advancements in real estate; as such adopting district cooling is the way forward,” saidH.E. Ahmad Bin Shafar, CEO of Empower.

Empower announced recently a saving of 1000 MW of electricity, which is equal to AED 2.6 billion, as a result of using its district cooling services in Dubai in 2016.

A report by Transparency Market Research Report stated that the global market for district cooling is likely to expand at a 5.10 per cent CAGR during the period from 2015 to 2024, surging from a value of US$11.1 billion in 2015 to US$17.3 billion by the end of the forecast period. The increasing focus on energy saving and the burgeoning demand for BREEAM and LEED-certified buildings are expected to fuel the district cooling sector.According to the study, the Middle East and Africa, North America, Latin America, Asia Pacific and Europe are the key regional markets for district cooling across the world.

'The significant rise in the real estate sector fueled by the growing populationwill increase the district cooling needs. This has driven the growth of the district cooling market in the GCC countries. It is important that district cooling be adopted as a superior alternative to conventional air conditioning as it helps reduce energy consumption and costs to both customers and governments alike, while also protecting the environment by cutting carbon dioxide emissions,”added Bin Shafar.

“District coolingif employed properly can save around 200,000 barrels of oil equivalent per day in fuel. We hope and are positive that in the upcoming Cityscape Abu Dhabi exhibition,real estate developers will understand the importance of district cooling and forge agreements and deals that boost the usage and adoption of this technology,” concluded Bin Shafar.

Cityscape Abu Dhabi is the world's prominent networking exhibition and conference on property development and real estate. It is a trade showfor the real estate industry attended by regional and international investors, developers, architects and designers, governmental authorities, people involved in the design and construction of both public and private real estate developments. The show has positioned as a strategic destination for real-estate investments boosting UAE's economy.

Empower currently operates more than 1.250 Million RT, providing environmentally responsible district cooling services to large-scale real estate developments such as Jumeirah Group, Business Bay, Jumeirah Beach Residence, Dubai International Financial Centre, Palm Jumeirah, Jumeirah Lake Towers, Ibn Battuta Mall, Discovery Gardens, Dubai Healthcare City, Dubai World trade Centre Residences, Dubai Design District, among others.


Posted by : GoDubai Editorial Team
Viewed 11181 times
Posted on : Monday, April 17, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Schneider Electric Opens Submissions for Seventh Edition of International Student Challenge ‘Go Gree...
Next Story : UAE Ambassadors Tour Barakah Nuclear Energy Plant
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Huawei unveils the long-awaited HUAWEI Mate 10 and HUAWEI Mate 10 Pro
Level Shoes Hosts Christian Louboutin for “Dear India”
Glamazle.com introduces Super Matte ‘Glambry' lip tints for the perfect pout
ICONIC Youth Fashion Show Experience
SCTDA ‘My Destination' Program Kicked Off with SUC Students
Diamonds Are Everyone's Best Friend! VOD Dubai International Jewellery Show 2017...
PUMA X Photographer Gunner Stahl For Autumn/Winter 2017
The Rado True Shadow - Limited edition timepiece co-created with Japanese design...
Beauty Night Is Back at Sheraton Dubai Creek
Reinventing Raymond Weil's Emblematic Chronograph - The Refined Swiss Watchmakin...
The Lacoste 12.12 Kids Collection
MICHAEL Michael Kors: Fall 2017 Sadie Large Leather Satchel
Dubai Chamber concludes high-level trade mission to Malta
Versace Fall/Winter 2017 Collection
GUESS Launches Stunning Array of Collections for Fall17
Glambox.me - Get Glam On The Go
Coffee at the touch of a button with ‘Quespresso'
Maserati Merchandise Products
Introducing FitFuse by COÉGA Sunwear
Humaid Mohammed Al Qatami, Director General, Dubai Health Authority Officially O...
More café re-opens its doors
Renault KOLEOS achieves five-star Euro NCAP rating
Regional Storytelling Takes Centre Stage at DIFF With Muhr Feature Category
‘brands4u', the biggest factory outlet opens in Reef Mall, Dubai
Career of Egyptian Writer Wahid Hamed to Be Honoured With Arab Lifetime Achievem...
RAYMOND WEIL'S Freelancer Ladies - The Ideal Ally for the Modern Active Woman
Airbus and Bombardier Announce C Series Partnership
CNN's Marketplace Middle East uncovers the DIFC's central role in Dubai's econom...
The Dubai Mall celebrates Diwali with a splash of colour
Seagal Shows Off the Stunning Jules Verne Instrument II from Louis Moinet.
Partnership between Roger Dubuis and Emirates Airline Foundation
Johnson's Baby Cleans Up the Clutter for Millennial Mums at Exclusive Event
Peugeot on the Podium at Rallye Du Maroc: Ready to Tackle Dakar 2018 After a Pro...
Celebrate festival of light at home with your loved ones
Kalimat Group Brings Arabic Literature to the Fore at Frankfurt Book Fair
Trend Alert: Think Pink
40 schools joined the 4th Young Business Talent Hunt 2017
F&B October Listings 2017 | Palace Downtown
Robinsons Launches the Hall of Fashion and Accessories
Dari Home opens in The Dubai Mall
Jafza named best free zone in the world for large companies
UAE to host the region's first women's only soccer tournament Global Goals World Cup
UAE Exchange Introduces Enhanced Lounge Experience to Deliver Premium Customer S...
Tissot, Official Timekeeper of the 18th Asian Games Jakarta Palembang 2018
Join Us if You Dare for a Halloween Scare at Tub of Butter
First A330neo successfully completes maiden flight
Fillerina's 14-day Dermo-Cosmetic Treatment Kit delivers quick and effective fix
Gulftainer Wins Port and Terminal Operator Award at Seatrade Maritime Awards 2017
World Green Economy Summit (WGES) 2017 to shed light on how smart cities have be...
World Green Economy Summit (WGES) 2017 underlines key initiatives and strategies...