ArabianBusiness.com - Middle East Business News
Tuesday, 02 December 2008 12:49 UAE time

YOUR DIRECTORY /

Print this page Print this page | Email this to a friend Email this to a friend | Discuss this article (0 Comments) |

Power trip

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 12 August 2008

As the Olympics get into full swing in Beijing, it is worth noting the success so far of the power supply.

There were some fears prior to the Games that blackouts in the city would bring events to a sudden and unceremonious halt. However the power has been steady and the events, up to this point, have been unaffected. For the Middle East a similar threat to power supplies is now on the horizon.

In the August 2008 issue of MEP Middle East Vicente Raurich, group business development, Siemens was quoted on the gap that has been closing between power supply and power consumption in this region.

Story continues below
advertisement

He reported that the demand for electricity will rise by 50%, but the rise in power supply at 30% will not match this. It is not the first time this worry has been expressed by an industry expert; two months ago City Cool chief executive officer Fouad Younan described it as “the biggest hurdle the region is facing.”

Through the green building guidelines being introduced in Emirates such as Dubai and Abu Dhabi, savings will be made and a change in the attitudes of developers is being forced. Despite these encouraging moves the onus must also be on individual companies to embrace energy saving policies. Emaar recently retro-fitted water saving devices into its properties across Dubai; perhaps it is time that companies followed suit with power saving initiatives.

MEP consultants and contractors sometimes have their hands tied on this issue by cost-cutting developers, but the facts are clear. The sooner the power problem is addressed, the easier it will be to solve.

Educating developers and owners only the long-term personal gains as well as the general benefit of saving energy is crucial. And just as a sufficient power supply has lit up this year’s Olympics, the Middle East needs the same to light up its vision of the future.

Peter Ward is the assistant editor of MEP Middle East.

Print Print | Email Email | Discuss this article |


READERS' COMMENTS



Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Security Code * Code


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

From  Current Issue

more » MIDDLE EAST MARKETS DATA

EMAAR.DFM

Last Price:

2.98

+0.05+1.71%

1 Dec 2008 09:59 GMT
(Market Closed)

CURRENCY CONVERTOR

RELATED LINKS

  1. Emaar Properties PJSC»

 EMAIL ALERTS

  1. City Cool

  2. Emaar Properties PJSC

  3. Siemens

  4. Construction & Industry



EMIRATES ID DOWNLOAD

READER COMMENTS

  1. $2.4bn plan revealed for Ras Al Khaimah 1
    01 Dec ' 08 at 18:40
    While the world is in a meltdown these guys have launched such a big project.No bank loans available !Who is financing them.... has...  More »
  2. Dubai Lagoon chiefs vow: 'No more delays' 1
    02 Dec ' 08 at 09:07
    All of a sudden the very same people who rubbished the possibility of a correction just a month back now wholeheartedly welcome it !...  More »
Read all user comments >

BUSINESS FEATURES

Surfing Muscat's Wave

The Wave is one of few residential development taking shape on the shores of the seaside town of Muscat.

Al Zorah set to soar in Ajman

The multi-billion-dirham coastal development in Ajman aims to preserve the natural topography.

Landscaping a desert

Several Middle East projects have been put on hold, but the landscaping industry has sufficient work to keep it busy.

BUSINESS INTERVIEWS

Build it and they will come

Waleed Saffy, CEO of Bahrain’s Durrat Marina development, on the demand for more marinas.

Conservation starts now

Schneider Electric Gulf's managing director says energy efficiency is not just about saving electricity.

Building an identity

Wordsearch's William Murray talks about branding buildings and the importance of being brand-less.

MORE FROM ARABIANBUSINESS.COM