INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

DEWA completes Smart Grid Strategy short-term goals, installs 2m smart meters

  • Between 2015 and 2020, it replaced all electricity and water meters with smart meters, a deployment of over two million smart meters.
  • Between 2015 and 2017, DEWA fully automated its transmission network connected to the 400kV and 132 kV substations.

Dubai Electricity and Water Authority (DEWA) has said it completed all short-term goals of its Smart Grid Strategy 2014-2035 as, between 2015 and 2020, it replaced all electricity and water meters with smart meters, a deployment of over two million smart meters.

By automating meter readings, DEWA customers can manage their electricity and water usage, said Saeed Mohammed Al Tayer, MD & CEO.

Between 2015 and 2017, DEWA fully automated its transmission network connected to the 400kV and 132 kV substations. In 2017, DEWA deployed its multi-application RF Mesh network across the Emirate.

Since then, it has expanded to provide communication to over 4,200 distribution substations. This supports smart grid applications such as electricity and water smart meters and the automation of the distribution network.

Tayer said one of the key factors for the success of smart cities is the seamlessness and availability of round-the-clock integrated and connected services, which is only possible via a smart grid.

“As a globally leading sustainable innovative corporation, DEWA provides an advanced infrastructure for facility and services management through smart and connected systems that use the latest disruptive technologies and the Fourth Industrial Revolution technologies, including Artificial Intelligence, Blockchain, Internet of Things,” he said.

“The Smart Grid covers the generation, transmission, and distribution systems with investments of up to AED 7 billion that will be completed in the short, medium, and long-term until 2035,” said Al Tayer.