Tuesday 15 October 2019
 
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UAE’s water, power output amounts to $15bn in 2018

ABU DHABI, 27 days ago

The gross output of the water, wastewater and electricity sector in the UAE grew 2.7 percent in 2018 to Dh55.8 billion ($15.2 billion) as compared to Dh54.3 billion in the preceding year, a media report said.

The growth is driven by the continuing population growth, with the government continuing to fine efficient alternatives through clean energy sources and launching national mega projects, including the Emirates National Grid project (ENG), reported Emirates news agency Wam, citing figures of the Federal Competitiveness And Statistics Authority.

According to the revealed statistics, the sector's gross output grew from Dh38.8 billion in 2014 to around Dh46.5 billion by the end of 2015. In 2016 the sector sustained growth to Dh48.7 billion before surging to Dh54.3 billion in the next year.

One of the main advantages of the ENG project is the financial savings as a result of the reduction in installed reserve capacity on each of the individual utility systems. It enables the commercial transfer of electricity between the power authorities.

The ENG interconnected system also provides a stronger capacity to withstand major or sudden disturbances, such as the loss of production units and failure of grid elements, whether due to outages or natural catastrophes, as well as several types of crises.


 




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