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Released March 31, 2014 | JOHANNESBURG
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Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Three major power expansion projects worth $5.4 billion have been announced by Dubai Electricity and Water Authority (DEWA).
"Currently, we have enough reserve to cover the increasing demand in power and water until Expo 2020, but we should go on with DEWA's strategy, which aims to meet the increasing needs of customers and development projects in all economic and social sectors," said Saeed Al Tayer, managing director and chief executive officer of DEWA.
World Expo 2020 is themed "Connecting Minds, Creating the Future."
"These projects will enhance DEWA's power generation capacity by 20% to meet the ongoing demand in Dubai, particularly ahead of the mega event Expo 2020, which will be hosted in Dubai," Al Tayer said.
Included in the projects is the construction of a $3.5 billion clean coal plant. The 1,200-megawatt (MW) project is expected to be commissioned in the second quarter of 2020. The private sector will have a 49% stake in the project and DEWA 51%. The project will be in the Hyssian complex in Dubai.
A consultant has been selected to address the financial and legal aspects of the projects and the infrastructure requirements.
Dubai's current installed power capacity is 9,700 MW, of which 6,500 MW is used at peak times during the summer. DEWA produces 470 million gallons of water a day, and peak consumption in summer does not exceed 300 million gallons.
Part of the expansion plan will take place at M station, a power and desalination complex near Jebel Ali, which will see a capacity increase from 2,030 MW to 2,630 MW.
One of the main expansion projects will be a $272 million investment in Mohammad Bin Rashid Al Maktoum Solar Park, which will initially increase capacity from 13 MW to 113 MW. This expansion will be commissioned by 2017.
For related information, see December 10, 2013, article - Dubai Electricity Adds $1.8 Billion to 2014 Budget.
View Project Report - 98500146 300037410 300090051 300090056 300090063 300090064 300090065 300090066 300090067
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
"Currently, we have enough reserve to cover the increasing demand in power and water until Expo 2020, but we should go on with DEWA's strategy, which aims to meet the increasing needs of customers and development projects in all economic and social sectors," said Saeed Al Tayer, managing director and chief executive officer of DEWA.
World Expo 2020 is themed "Connecting Minds, Creating the Future."
"These projects will enhance DEWA's power generation capacity by 20% to meet the ongoing demand in Dubai, particularly ahead of the mega event Expo 2020, which will be hosted in Dubai," Al Tayer said.
Included in the projects is the construction of a $3.5 billion clean coal plant. The 1,200-megawatt (MW) project is expected to be commissioned in the second quarter of 2020. The private sector will have a 49% stake in the project and DEWA 51%. The project will be in the Hyssian complex in Dubai.
A consultant has been selected to address the financial and legal aspects of the projects and the infrastructure requirements.
Dubai's current installed power capacity is 9,700 MW, of which 6,500 MW is used at peak times during the summer. DEWA produces 470 million gallons of water a day, and peak consumption in summer does not exceed 300 million gallons.
Part of the expansion plan will take place at M station, a power and desalination complex near Jebel Ali, which will see a capacity increase from 2,030 MW to 2,630 MW.
One of the main expansion projects will be a $272 million investment in Mohammad Bin Rashid Al Maktoum Solar Park, which will initially increase capacity from 13 MW to 113 MW. This expansion will be commissioned by 2017.
For related information, see December 10, 2013, article - Dubai Electricity Adds $1.8 Billion to 2014 Budget.
View Project Report - 98500146 300037410 300090051 300090056 300090063 300090064 300090065 300090066 300090067
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
