Sharjah Electricity to save AED10 billion through rationalisation
Sharjah Electricity & Water Authority (SEWA) revealed that it is seeking to save roughly AED10 billion over the next ten years in line with the strategy set by the Authority.
The strategy will be achieved by reducing electric power consumption by approximately 22.5 MW per day during the One Saving Hour Initiative launched by SEWA, in addition to reducing carbon emissions by more than 325 tonnes, reports UAE-based Aliqtisadi.
According to Dr Rashid Al Leem, the chairman of SEWA, the authority aspires to increase the rate of energy saving by up to 30 per cent during just the One Saving Hour, stressing that this is one of the most successful initiatives in the Arab world.
Al Leem called for the concerned authorities in the country to create private boards of energy, pointing out that the developed world has pursued a policy of rationalisation for its maximum importance to sustainable development. Japan is the leader in this field after it managed to rationalise more than 60 per cent of its capacity.
He adds that Sharjah’s consumption of electric power reaches 2300 MW, the Emirate of Abu Dhabi contributes 1000 MW, with an annual increase of seven per cent, while water consumption amounts to ten million gallons per year.