DEWA has developed the Independent Power and Water Producer (IPWP) model by utilising the best international experiences and practices.
This model has been designed to align with the requirements of Dubai and its legislative and technical environment. DEWA’s adoption of the Independent Producer model has contributed to attracting investments worth AED 43.6bn over 10 years.
The Independent Producer projects encourage partnership between the government and private sectors. Through this model, DEWA has achieved the lowest Levelised Cost of Energy (LCOE) in the world in solar energy projects, making Dubai a global benchmark for solar energy prices.
“The regulatory and legislative frameworks in Dubai, which allow the private sector to participate in energy generation projects, encourage international investors and developers to participate in the Mohammed bin Rashid Al Maktoum Solar Park’s projects, which DEWA is implementing using the IPP model,” stated Saeed Mohammed Al Tayer, MD & CEO, Dubai Electricity and Water Authority (DEWA).
Pioneering energy and water projects
DEWA contributes to attracting foreign investments through its pioneering energy and water projects based on the Independent Power and Water Producer (IPWP) model. DEWA has adopted this model since 2014, replacing the Engineering, Procurement and Construction (EPC) model.
DEWA’s other energy projects based on the IPP model include the Hassyan Power Complex, which runs on natural gas.
DEWA is also implementing a 180mn imperial gallons per day (MIGD) seawater reverse osmosis (RO) desalination project in Hassyan using the Independent Water Producer model. It is the world’s largest project of its kind using RO technology based on the Independent Water Producer (IWP) model, with an investment of AED 3.4bn.
