DEWA and Marsh collaborate on thought leadership paper
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Dubai Electricity and Water Authority (DEWA) published a thought leadership document on climate resilience at the Mohammed bin Rashid Al Maktoum Solar Park.
The document, which was developed by DEWA In cooperation with Marsh, a global risk advisor and part of the Marsh McLennan Group, it demonstrates the methods and mechanisms implemented by DEWA to ensure continued climate resilience at the solar park. The methods aim to mitigate the effects of climate change and effectively manage different scenarios and risks that may occur over the coming decades.
The document was published during a discussion session titled “Risk to resilience: adaptation to climate challenges.”
During the session, DEWA and Swamp presented the findings of the study and highlighted DEWA’s efforts to ensure the highest levels of preparedness and management of current and future climate risks. The session also highlighted DEWA’s efforts to improve the resilience of the energy and water sectors and constantly develop its proactive risk management capabilities. This enhances DEWA’s growth and prosperity and cements its position as one of the best utilities in the world.
Saeed Mohammed Al Tayer, MD and CEO of DEWA, saying,
“We follow the wise directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to turn challenges into opportunities and realize the UAE National Climate Change Plan 2017-2050 to enhance the capacity of adaptation to climate change. DEWA is constantly developing its effective risk management capabilities. At DEWA, we adopt corporate best practices of resilience and agility within a comprehensive integrated corporate work system that covers all activities and operations. This “increases efficiency and productivity, in addition to promoting creativity and innovation.”
“DEWA is implementing several world-leading projects to accelerate the transition to clean and renewable energy, reduce greenhouse gas emissions and build a sustainable future in Dubai. This is in line with Dubai’s Clean Energy Strategy 2050 and Dubai’s Net Zero Carbon Emissions Strategy 2050, which aims to provide 100 percent of energy production capacity from clean energy sources by 2050. The document focuses on the most notable projects, which is the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park based on the Independent Power Producer (IPP) model. The solar park has a planned production capacity of 5,000 MW by 2030, using photovoltaic panels and concentrated solar power (CSP), with a total investment of AED 50 billion. When completed, the solar park will reduce more than 6.5 million tonnes of carbon emissions per year. The total capacity of the solar energy projects commissioned in the solar park has reached 2,627 MW.”
Al-Tayer aggregate.
Ayman El Hout, CEO, Marsh McLennan UAE, commented,
“In collaboration with DEWA, Marsh McLennan is proactively assessing climate risks across the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, to help shape future adaptation plans and turn the challenges of climate change into opportunities for a better future.” greater growth and development. “We are confident that this work will help lay the foundation for an innovative approach to climate resilience, enabling communities to adapt and thrive in the face of climate change and its direct and indirect impacts.”
DEWA He pioneered the development of several world-leading standards in cooperation with the British Standards Institution (BSI). These include the Business Agility Concept and Framework (PAS 1000:2019), the first global guide of its kind to business agility. DEWA has also developed the PAS 60518 Enterprise Risk Resilience Management standard for the utilities sector, the first of its kind in the world. It is a reference for utilities and a key enabler to advance risk management and resilience, ensure business continuity and manage emergencies as competently and efficiently as possible.
In 2020, DEWA developed a complete Climate Change Resilience Plan to ensure the resilience of the energy and water sector of the emirate of Dubai. DEWA’s Climate Change Resilience Plan identifies detailed existing mitigation measures, preventive controls and future resilience actions that address the potential impacts of various climate change drivers on its businesses and operations.
News source: Emirates News Agency
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