March 27, 2018: Sharjah Energy & Water Authority recently started an energy efficiency program in line with the vision of H.H. Sheikh Sultan Al Qasimi for Sharjah to become the Sharjah City of Conservation aiming to save 30% of energy through energy efficiency activities.
As Taka Solutions are uniquely positioned to achieve SEWA’s objective, we will be engaging with the energy efficiency program to help reduce the consumption of electricity and water in the buildings of Sharjah.
Taka’s William Avrillon, who facilitated our official registration with SEWA, commented on the impact of their energy efficiency program and the value of our collaboration:
“The launch of Sharjah Electricity and Water Authority’s (SEWA) Energy Efficiency Program and the Energy Services Company (ESCO) accreditation process was a great opportunity to strengthen an already fruitful relationship. The potential for Energy Efficiency in buildings grew over the years; It’s now time to raise awareness and shift its current status of hidden resource, to an obvious resource. Be part of the transition to a sustainable energy system, spread the word and benefit from it.
Whether property, asset owners have the capital or not, two type of contracts exists: Guaranteed Savings Energy Performance Contract (GSEPC) or Shared Savings Energy Performance Contract (SSEPC).
For us all, end-users and property owners, Energy Efficiency works translate into reduce energy spending, reduced operations, maintenance costs and therefore increased disposable income. It is also a way of improving the equipment condition, air quality and overall well-being in buildings which in-turn increases the assets’ value.
For Utilities, reducing energy demand will not only reduce the need to invest in additional power production and distribution systems but also support in the transition to a more decentralized and less fossil fuel dependent energy system. Even though renewables are a great alternative, energy efficiency remains the cheapest source of energy. The cheapest kWh is the one we don’t use; it can also free up capacity for future developments.
We are excited to take part in SEWA’s journey to reduce energy consumption by 30%”