Renewable energy companies in dubai
We are going to look at it with a holistic approach. We are setting a new model on how renewable energy production is actually being tackled and the cost of renewable energy production is being calculated. Abu Dhabi launched the Estidama initiative which is stated to make the Emirate the sustainability capital of the Middle East, by the implementation of a program for sustainable buildings and communities.
As part of the Estidama a new Abu Dhabi building code, the Code has been launched. The Code incorporates mandatory sustainable building principles. The Abu Dhabi Urban Planning Council has also introduced a rating system against which new buildings will be assessed. The Green Code, jointly developed by DEWA and Dubai Municipality, sets out optional and mandatory regulations in order to make buildings in Dubai compatible with environmental requirements which include a set of factors such as site selection, efficient use of energy and water, indoor environmental quality, and waste management.
These regulations aim generally at reducing electrical energy consumption, rationalising water consumption and the optimum use of renewable energy. All these factors will contribute effectively in reducing gas emissions, reflecting positively on public health. The DCCE will be mainly responsible for the trading and sourcing of carbon credits, i. This will be vital for all local airlines traveling to Europe as they will need to offset carbon levels that are imposed on their European routes; rather than buying the carbon credits from the global trading market at significant margins, airlines can buy these credits from the DCCE at attractive rates.
Despite the critical role of oil and gas for the UAE , the country has made groundbreaking commitments in alternative energy. The UAE has long been an important supplier of energy and is now becoming an increasingly relevant consumer of energy as well. Whilst Abu Dhabi in particular leads the GCC countries in relation to renewable energy initiatives, it does not benefit from a renewables regulatory framework.
Last year, Abu Dhabi announced plans to develop an energy policy that would establish subsidies for renewable power, but it is still yet to materialise. Such subsidies for electricity produced from renewable energy are well-established in European countries such as Germany and Spain, and are referred to as feed-in tariffs.
It is important to note that in those jurisdictions the cost of funding such subsidies is borne by consumers. In comparison, grid operators across the GCC are constrained by legislative obligations to purchase power for the lowest price available from generators.
Accordingly, the implementation of a regulatory regime providing for a fixed feed-in tariff will necessitate considerable time and cost in reviewing and amending energy legislation. Verified Phone E-mail Website Products 1. Future Earth Unit No. Future Earth deals with future energy needs and offers energy solutions that are sustainable and environment friendly.
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