EWEC (Emirates Water and Electricity Company) has announced that registration is open for its Q2 2024 auction for Clean Energy Certificates (CECs) in Abu Dhabi, with a closing date of 14 June 2024.
The CECs are issued by the Abu Dhabi Department of Energy (DoE) in units of 1 megawatt-hour (MWh). Each CEC certifies that the electricity consumed by the redeeming organisation originates from a renewable or “clean energy” source.
EWEC said that it is one of the key parties enabling the implementation of the CECs scheme, acting as the Single Registrant and Auction Operator.
The Clean Energy Certificates scheme conforms to the internationally recognised standard developed by the International Renewable Energy Certificate Standard Foundation (I-REC Standard).
Further, it was shared that major entities, including the Abu Dhabi National Oil Company (ADNOC), Aldar, Mediclinic Middle East, and Emirates Global Aluminium (EGA), have purchased CECs and signed strategic clean energy partnerships with EWEC.
Othman Al Ali, Chief Executive Officer of EWEC, commented: “The Clean Energy Certificates scheme is an example of Abu Dhabi’s leadership in achieving its sustainability targets. Its impact has grown year-on-year, amplifying our collective contribution to accelerating the reduction of carbon emissions associated with business operations and facilitating the realisation of the UAE Net Zero by 2050 Strategic Initiative.
“By collaborating with leading entities, EWEC is enabling organisations to lower their Scope 2 emissions in a transparent and accountable manner. We strongly encourage organisations and businesses to participate in our upcoming auction to drive long-term positive change for the planet.”