Dubai Electricity and Water Authority (DEWA) has appointed Honeywell to help expand its smart energy project in the emirate.
The deal will see Honeywell provide a further 150,000 smart meters in addition to the 250,000 it has already deployed across Dubai.
The multi-million-dollar initiative will enable Dubai to manage electricity use more effectively within the residential sector across the city, a statement said.
Honeywell said that unlike traditional meters, smart meters give customers access to detailed and automatic readings of both their current and historical energy usage, allowing them to better understand and control their consumption.
DEWA has set ambitious targets for implementing advanced technologies in line with the strategic direction of UAE Vision 2021 and the Dubai Plan 2021. It expects to have installed more than 1 million smart meters by 2020, replacing all mechanical and electromechanical meters.
Saeed Mohammed Al Tayer, managing director and CEO of DEWA said the Smart Grid is a key component of DEWA’s strategy to develop advanced infrastructure to support Dubai's efforts to become a smart and happy city.
DEWA said its programmes, initiatives, and awareness campaigns have so far helped reduce electricity by 19 percent and water consumption by 28 percent in the residential sector between 2009 and 2016.
Consumption of electricity in the commercial sector has been reduced by 10 percent and water 30 percent, and by 15 percent and 21 percent respectively in the industrial sector.
Norm Gilsdorf, Honeywell’s president for the Middle East, Russia, Turkey & Central Asia regions, said: “This is a significant opportunity for Honeywell in the region and we believe we are at the forefront of delivering technologies that enable a smarter future for the UAE and wider Middle East.”For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.