DUBAI, UAE, 3 April 2024: Emirates Central Cooling Systems Corporation PJSC (Empower), announced a record increase of 54% in the volume of consumption of its District Cooling services (Refrigeration Ton hours) over the past five years. Making the announcement through a Press release, Empower said, the increase in the year 2023 alone was 16% compared to 2022. Furthermore, Empower said that its share of Dubai’s District Cooling market has exceeded more than 80% by the end of 2023 as the growing annual rates of consumption for its District Cooling services in Dubai is one of the strongest drivers of sustainable revenues and profitability. 

Empower said that the remarkable growth in demand for its services in various areas across Dubai can be attributed to the high occupancy rates in existing real estate projects, and a significant increase in the new mixed-use projects added to its portfolio. The District Cooling systems, Empower said, contribute to economic and environmental benefits by combating climate change, reducing carbon emissions, preserving natural resources, and lowering energy consumption, in addition to their positive impact on living and business costs. 

H. E. Ahmad Bin Shafar, CEO, Empower, said: “In line with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, for comprehensive and sustainable development in Dubai, we continue to boast our production capacity and increase the efficiency of District Cooling systems and distribution networks. This ensures we meet the growing demand for District Cooling services and cater to the future needs of customers, developers, and business sectors. Moreover, Empower continues to expand the scope of its services and develop its unique business model to keep fulfilling its vital mission of providing environmentally friendly district cooling services in Dubai and contributing to protecting resources, environment and climate in the UAE and globally.” 

Empower said, during 2023, it delivered District Cooling services to a total of 1,527 buildings, across diverse sectors in the Emirate of Dubai, and added that 66% of the total number of buildings served by Empower are residential buildings and 14% are commercial and office buildings. Empower also said that the hotel and hospitality sector represents 13%, the health sector accounts for two per cent, and the remaining five per cent is distributed among education, entertainment, shopping centres and other sectors. Empower said it would continue to expand its District Cooling network, which has proven to be the best environmentally friendly solution for air conditioning.