Dubai: Dubai Electricity and Water Authority (DEWA) has established itself as a global benchmark for key performance indicators (KPIs) in its areas of expertise.
DEWA hosted more than 100 benchmarking visits in 2023 from well-known domestic and foreign businesses and organizations. The visits were aimed at providing insight into DEWA’s operations and experiences as a preeminent utility provider.
Based on a study done last year by a specialized international consultant, DEWA has set unprecedented global standards in the energy and water sectors and ranked first globally in more than 10 KPIs related to its areas of work.
The fact that DEWA is recognized globally highlights its innovative role in this important industry. It also shows Dubai’s accomplishments in securing advanced rankings in numerous regional and worldwide competitiveness reports across a range of industries, strengthening its position as a major player in the global economy and promoting sustainable growth. These benchmarking visits offered a forum for the sharing of experiences, best practices, and knowledge.
DEWA has made a significant contribution to the sharing of best practices in the areas of sustainability, customer satisfaction, and operational efficiency.In order to investigate joint ventures, research initiatives, and mutually beneficial projects that advance the energy and water sectors, DEWA has actively collaborated with its global peers.
Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that, “We follow the roadmap set by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to continue advancing on global competitiveness and achieve sustainable development across all sectors related to performance and competitiveness indicators. We were pleased to welcome more than 100 companies and organizations from around the world in 2023.”
“This emphasizes our ongoing efforts to adopt the latest global technologies in the production, transmission, and distribution of electricity and water. We have set world records in the performance indicators of the energy and water sectors, surpassing prominent utilities in Europe and the USA in all global competitiveness indicators.”
In terms of project management, DEWA has emerged as a leader in the Independent Power and Water Producer (IPWP) model, which offers numerous financial advantages such as luring investments and boosting the economy.
Dubai has put in place robust regulations to promote investments from the private sector, which has allowed DEWA to set world records for the lowest prices for solar energy and desalinated water using clean energy and achieve results that lead the globe.