Abu Dhabi: Emirates Water and Electricity Company (EWEC) today opened registration for its Q4 2024 Clean Energy Certificates (CECs) auction. The auction is scheduled to close on 13th December 2024. Othman Al Ali, Chief Executive Officer of EWEC, emphasized the importance of the Clean Energy Certificates scheme in supporting the UAE’s decarbonisation journey. This initiative allows stakeholders to contribute to Abu Dhabi and the UAE’s clean energy targets, aligning with shared net-zero goals.
According to Emirates News Agency, the CECs issued by the Abu Dhabi Department of Energy certify that the electricity consumed by the redeeming Abu Dhabi-based entity originates from a renewable or clean energy source. The certificates are issued in units of 1 megawatt-hour (MWh) and conform to the internationally recognised standard developed by the International Renewable Energy Certificate Standard Foundation (I-REC Standard). This scheme is the only accredited instrument that proves the ownership of the environmental
and economic benefits of consuming clean energy, verifying entities’ green credentials.
As the UAE continues its Year of Sustainability, significant interest has been observed from various key economic sectors. This interest has enabled EWEC to forge new strategic agreements and expand existing partnerships. These efforts are aimed at driving progress towards a sustainable future. Entities are encouraged to participate in the upcoming auction and take proactive steps to decarbonise their operations.