February 2, 2023
1 min read

Dubai records 5.5% growth in energy demand

The increase reflects the robust performance of Dubai’s economy, population growth, and expansion across all key activities…reports Asian Lite News

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced a 5.5% increase in energy demand in Dubai for 2022, reaching 53,180 GWh compared to 50,401 GWh in 2021.

The increase reflects the robust performance of Dubai’s economy, population growth, and expansion across all key activities. In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, DEWA aims to develop efficient infrastructure and increase production capacity to meet growing demand while incorporating smart technologies.

The company has outperformed major European and American utilities with a reduced line loss of 2.2% and a world-record low electricity Customer Minutes Lost of 1.19 minutes per customer.

ALSO READ: Jaishankar, UAE envoy discuss deepening ties

Previous Story

Eurozone inflation slows to 8.5% in Jan

Next Story

UAE, Gulf banks raise interest rates

Previous Story

Eurozone inflation slows to 8.5% in Jan

Next Story

UAE, Gulf banks raise interest rates

Latest from -Top News

Gwadar’s Big Bet Faces Gulf Port Rivalry

Pakistan’s Gwadar port has launched commercial marine bunkering but faces stiff competition from established Gulf hubs such as Fujairah and Duqm…reports Asian Lite News Desk Pakistan’s Gwadar port has begun offering marine
Go toTop

Don't Miss

Hamdan Approves Incentives to Boost Dubai Economy

The Executive Council meeting was attended by H.H. Sheikh Maktoum

Gulfood cements Dubai’s global status

Gulfood Green and Gulfood Agrotech will take place from 24