ENGIE Solutions Kuwait To Unlock The Value Of Building Energy Efficiency To Realize Vision 2035 Strategy
Kuwait, October 11, 2021: ENGIE Solutions, an international leader in sustainable energy solutions, has delivered energy savings worth an estimated US$23.8 million to its GCC based clients since 2014, it announced today. The company said that it had helped business and industry in the region reduce their electricity demand by a combined 190 gigawatt-hours (GWh), displacing an estimated 101,242 tonnes of carbon dioxide from the atmosphere, the equivalent of removing more than 22,000 cars from the roads.
With Kuwait pledging to reduce its residential and industrial power demand by 10 per cent, while increasing the share of renewables in its power mix to 15 per cent by 2030, Yassine Lafhail, General Manager of ENGIE Solutions Kuwait, said the company is committed to helping the country realize its Vision 2035 sustainable development strategy. Mitigating Kuwait’s high per-capita power consumption is key, he added.
“Ventilation, air-conditioning and lighting systems account for around 85 per cent of the energy consumed by buildings at the height of summer in Kuwait, and as much as 60 per cent of the construction sector’s total energy consumption. However, installing energy-efficient systems requires significant investment,” Lafhail said. “One way to help organizations transition to lower-carbon operating models is to provide turnkey solutions that cater to their specific needs, build in the necessary financing, and invest on their behalf.”
ENGIE Solutions currently manages more than 200 projects across the GCC, spanning 500 million square metres in total. In Kuwait, the company has recently delivered integrated facilities management and energy efficiency projects for Taiba Hospital, Azzour North Power Plant and the Plot 40 shopping complex, in addition to delivering projects for several five-star hotels and one of the region’s largest banks.
ENGIE Solutions Kuwait was the first energy solutions specialist in the country to launch an energy management team dedicated to both retrofitting existing infrastructure and designing new energy efficiency systems – paid for with the savings they generate. One of these projects was the Green Mosques pilot project delivered in partnership with the National Technology Enterprises Company (NTEC), and inaugurated by the undersecretaries of the Ministry of Awqaf and the Ministry of Electricity, Water and Renewables. The project reduced the energy consumption of the three mosques by a third.
Lafhail said the company is actively raising awareness of the business case for greater investment in building energy efficiency, through regular workshops in partnership with the Ministry of Electricity and Water, training in collaboration with the Ministry of Youth, and various local CSR initiatives.
Digitalization will be a crucial driver of energy efficiency in the future, enabling hydrocarbons-dependent countries such as Kuwait to diversify their economies in the future. ENGIE Solutions is investing heavily in artificial intelligence and other digital solutions to improve the performance, reliability and measurement of its energy solutions, Lafhail added.
“Advances in AI, blockchain and the Internet of Things can unlock substantial additional savings for clients, for example by helping them to predict precisely when and where building maintenance is needed. At ENGIE Solutions, we have been actively developing these solutions to help safeguard the long-term value of our clients’ assets, in Kuwait and countries across the region.”