With investments exceeding 40 billion dirhams

DEWA: The Independent Producer System Enhances Investment Flow

DEWA: "Independent Producer" projects encourage partnership between the public and private sectors.

From the source

Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, revealed that the production capacity of the projects currently implemented by the Authority with the private sector under the Independent Producer System (IPP) exceeds 4000 megawatts, with investments amounting to more than 40 billion dirhams.

standalone product system

He stressed that the authority was able, through this “independent product system” model, to avoid an additional investment of about 26 billion dirhams, which allows the authority to invest in other infrastructure projects, pointing out that “independent product” projects encourage partnership between the public and private sectors, in At a time when the authority, through this model, achieved world-class results, and set a new global standard by achieving world records in solar energy prices per kilowatt-hour, making Dubai a benchmark for solar energy prices worldwide.

He revealed that the authority has attracted promising investments to the UAE from the private sector and foreign banks, which led to an increase in cash flows to the economy of Dubai and the UAE.

legislative frameworks

Al Tayer pointed out that the regulatory and legislative frameworks in Dubai, which allow the participation of the private sector in energy production projects in the Emirate of Dubai, encouraged international investors and developers to participate in the projects of the Mohammed bin Rashid Al Maktoum Solar Energy Complex, which is implemented by the Authority under the Independent Energy Producer system.

green economy

He continued: "The (Independent Product System) projects contribute to achieving the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make Dubai the global capital of the green economy, and support the goals of the (Dubai Clean Energy Strategy 2050), and (Carbon Neutrality Strategy 2050) for the Emirate of Dubai, to provide 100% of the energy production capacity from clean energy sources by 2050.”

He stated that the authority had previously adopted the "Engineering, Procurement and Construction" (EPC) model for energy production projects.

Since 2014, the Dubai Electricity and Water Authority has become a pioneer in managing projects under the "Independent Power Producer" model.

Featured Projects

According to the Dubai Electricity and Water Authority, among the most prominent projects that it implements according to the "Independent Producer System" model: The Mohammed bin Rashid Al Maktoum Solar Energy Complex, which is the largest project to produce solar energy in one location in the world, according to the "Independent Producer System".

The complex will have a production capacity of 5,000 megawatts by 2030, with a total investment of 50 billion dirhams.

When completed, the complex will contribute to reducing more than 6.5 million tons of carbon emissions annually, while the capacity of solar energy projects that have been operated in the complex is 1,627 megawatts using photovoltaic solar panels.

Underway

The authority stated that it has projects with a capacity of 1,233 megawatts "under implementation", using photovoltaic panels and concentrated solar energy, while the production capacity of clean energy is about 11.5% of the total energy mix in Dubai, and is expected to reach about 14% by the end of this year.

The fourth stage

According to the authority, the fourth phase is the largest investment project in one location in the world that combines the two technologies of concentrated solar energy and solar photovoltaic energy.

This phase will use three common technologies: a parabolic trough system with a total capacity of 600 MW (three modules with a capacity of 200 MW each), the tallest solar tower in the world with a height of 262.44 meters with a capacity of 100 MW (molten salt technology), and photovoltaic solar panels with a capacity of 250 MW.

When completed, the fourth phase will be the world's largest 15-hour solar energy storage project, allowing for 24-hour energy availability.

This phase will also provide clean energy to about 320,000 homes, and will contribute to reducing 1.6 million tons of carbon emissions annually.

Hassyan Complex

As for the Hassyan natural gas power complex, its current production capacity, which operates on natural gas, is 1,800 megawatts with an independent product system, and another 600 megawatts will be added during the next year, bringing the production capacity of the complex to 2,400 megawatts.

water treatment

The authority stated that as part of its efforts to reach the production of 100% of desalinated water using a mixture of clean energy that combines renewable energy sources and waste heat by 2030, it is working on a “desalination plant” project with an independent product system in the Hassyan complex, with a production capacity of 120 Million gallons per day, using reverse osmosis technology.

lowest price

The authority confirmed that it had achieved a new global achievement by obtaining the lowest global competitive price of $0.277 per cubic meter of desalinated water in the project, which is expected to be completed in 2024.

This station will rely on the latest, most efficient and reliable technologies in this field, and will work to strengthen the water network of the Dubai Electricity and Water Authority, to ensure that it provides a sustainable supply.

Legislative frameworks in Dubai encouraged global investors and developers to participate in the projects of the Mohammed bin Rashid Al Maktoum Solar Park.

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