Page 14 - RSB Annual Report 2019 English Final

EXECUTIVE SUMMARY The Energy Services Market 2019 was the RSB’s ESCO accreditation scheme’s sixth year and by year end there was a total of 31 accredited ESCOs and 19 accredited energy auditors. 75 248 total projects savings per annum new retrofit projects energy 620GWh 321GWh Targeted Achieved 286 new investment million(AED) 934 million(AED) total investment The RSB continues to collect in-depth project data from accredited companies on an annual basis. For 2019 accredited ESCOs reported a total of 248 projects, 75 of which were newly reported in that year. These new projects had associated investment of AED286 million, bringing the total investment in the sector to AED934 million We saw significant increase in the use of the guaranteed savings form of energy performance contracting (EPC) in 2019. In investment terms EPC activity constituted 81% of the total. When it came to targeted savings, EPC projects claimed 77% of the total energy savings and 65% of the total water savings. water 486MIG Targeted 257MIG Achieved since 2014. Target energy savings per annum for 2019 increased by 31% from the previous year, totaling 620GWh. In addition, target water savings grew from 292MIG in 2018 to 486MIG in 2019, an increase of 66%. Retrofit projects in 2019 achieved 321GWh in energy savings and 257MIG in water savings. EPC share of total savings 14 RSB