ADES signs framework agreements with several Abu Dhabi entities
Abu Dhabi Energy Services (ADES), the energy services market maker of the Emirate of Abu Dhabi, recently announced it has signed agreements with leading government entities, including the Abu Dhabi Department of Culture and Tourism (DCT), Abu Dhabi Health Services Company (SEHA), United Arab Emirates University (UAEU) and Emirates Schools Establishment (ESE) to identify power and water savings opportunities in their facilities and buildings across the Emirate of Abu Dhabi.
The agreements were signed at the World Future Energy Summit and was attended by HE Eng. Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE); Jasim Husain Thabet, TAQA’s Group CEO and MD; Saeed Al Fazari, Support Services Executive Director, DCT Abu Dhabi; Dr. Rabaa Al Sumaiti, Director General, ESE; Dr. Tarek Fathey, CEO, SEHA and Professor Prof. Ghaleb Ali Al Hadrami Al Breiki, UAEU’s Vice Chancellor.
“This 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,” remarked Dr.Khalid Mohammed Al Qubaisi, CEO, ADES.
ADES, a subsidiary of Abu Dhabi National Energy Company (TAQA) provides energy-efficient solutions and tools to government and private sectors in the Emirate of Abu Dhabi. It 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.
“We continue to build on best practices in energy consumption, and always keen to explore new measures to drive greater efficiencies,” noted Al Fazari.
“Through this agreement, we seek to contribute effectively to providing a safe and sustainable environment in order to achieve the goals of the sustainable development agenda in light of the environmental transformations that cause the consumption of resources, especially in the industrial fields and development projects,” said Prof. Al Breiki.
“The signed agreement with ADES embodies our core values at the Emirates Schools Establishment – promoting a responsible consumption behavior by preserving valuable resources and being mindful of the environmental sustainability,” observed Dr. Al Samiti. “Together, by championing sustainability, we will not only play an important role in our nation’s aspiring plans of achieving net-zero emissions by 2050, but we will also ensure we are protecting our communities and promoting healthy populations,” said Dr. Fathey.