power/water plants in the UAE and introduces TAQA to four new countries in its global network.
Dubai Electricity and Water Authority (DEWA) currently holds a monopoly to produce and sell electricity in the emirate. But Dubai may open its power generation industry to private foreign investment in an effort to meet demand that is surging by a minimum of 12 to 14 per cent annually, with some commentators suggesting that demand growth was in the region of 30 per cent in 2006 and could be up to 20 per cent annually. Dubai may, therefore, need foreign companies to help fund the estimated Dh135.79 billion (US$37 billion) required to double generating capacity to 11,100 MW by 2011 and quadruple projected capacity to 25,000 MW, by 2017. As already mentioned, alternatives such as renewable energies could also assist with satisfying runaway demand.
Dubai Electricity and Water Authority (DEWA) currently holds a monopoly to produce and sell electricity in the emirate. But Dubai may open its power generation industry to private foreign investment in an effort to meet demand that is surging by a minimum of 12 to 14 per cent annually.
DEWA is already investing heavily in conventional power generation to expand capacity: Phase III of Aweer Power Station (Station H), costing Dh1.64 billion, is scheduled for completion in mid-April 2008 when its production capacity will be 1800 MW, bringing DEWA’s total production capacity to 7200 MW by the summer of 2008.
DEWA also awarded contracts worth US$1.7 billion in March 2007 to South Korea's Doosan Heavy Industries & Construction and Italy's Fisia Italimpianti to build phase one of Jebel Ali M adding 1330 MW of power and 70 MIGD water of water to capacity. Doosan also signed a new new US$500 million deal for phase two, bringing its combined orders at Jebel Ali to 2000 MW. Construction began in March 2007 and completion is scheduled for 1 March 2010. In addition, Fisia has been awarded a contract worth US$247 million for the M3 plant.
Dubai is also planning to build a multi-billion dollar plant that would be capable of producing 9000 MW of electricity and 600 MIGD of desalinated water. The new complex will be located next to the Dubai World Central complex and the giant Jebel Ali port and free zone where most of the emirate's power generation c a p a c i t y o f a b o u t 5 0 0 0 M W i s p r e s e n t l y s i t u a t e d . I n t h e n e x t t h r e e @ w w w . u a e i n t e r a c t . c o m / e l e c _ h 2 o