Bahrain to benefit from 50% saving on power demand from District Cooling Development in the Kingdom |
|

Tabreed BahrainTabreed Bahrain
Could Help the Kingdom Save Over 750 Million BD in Power Costs November 18, 2008 Manama, Bahrain - Tabreed BahrainTabreed Bahrain
, the world leader in district cooling, has announced that up to 50% of the Kingdom's current power demand could be freed for other uses through the large scale use of district cooling systems for new and existing developments.
The company estimates that a total of 550 MegaWatts (MW) of electric power capacity could be freed up by 2030 as part of the ongoing Bahrain North Shore developments - which equals a saving for the Kingdom of over 750 million BD.
Bahrain's electricity supply is dominated by the demands made on it by the use of air conditioning systems which can be as much as 65% during peak summer periods - much of this caused by old and inefficient cooling systems.
Tabreed BahrainTabreed Bahrain
is currently working on district cooling projects for some of the Kingdom's major projects including Bahrain Financial Harbour, Reef Island and for both existing and new developments in the Diplomatic and Seef areas of Manama.
Research by the company has shown that there will be major benefits to the Kingdom with the use of large scale District Cooling systems; including significantly reducing the demands on power generation hence saving the Kingdom considerable sums of money in an environment where Bahrain's demand for power has increased 84% since the year 2000.
Bernt Andersson, Chief Executive Officer, Tabreed BahrainTabreed Bahrain
said: "The research work and evaluation we have done clearly show there will be significant benefits to the Kingdom and private sector developers from the introduction of large scale district cooling systems.
"It can reduce peak power demand across the country by up to 65 per cent - particularly important when we have estimated that up to 70 per cent of new power demand will come from air conditioning demands alone."
At a time when energy prices are forecast to grow in the longer term - especially those associated with gas which produces the majority of electricity in Bahrain - savings of this magnitude will be welcomed by Bahrain, argues Mr. Andersson.
Experts at Tabreed BahrainTabreed Bahrain
also forecast that district cooling systems - long-term infrastructure projects can provide chilled water for several districts from integrated energy efficient central plants - this will play an increasingly important role in the long term development of the country.
With district cooling, building developers and owners can avoid the substantial capital costs of constructing their own chiller system, and reduce significant costs associated with connecting their chillers to the electric grid.
-Ends-
About Tabreed BahrainTabreed Bahrain
:
Tabreed BahrainTabreed Bahrain
- Bahrain District Cooling Company B.S.C. (Closed) - is a private sector joint venture company owned by TabreedTabreed
, Esterad established in 1998 and A.A. Bin Hindi. TabreedTabreed
provides district cooling services throughout the GCC countries with offices in Dubai, Abu Dhabi, Ras Al Khaimah, Doha, Masqat, Manama, Amman, Kuwait and Al Khobar.
TabreedTabreed
is committed to providing environment-compliant district cooling solutions and offering its customers high-quality services through integrated power-efficient systems at reasonable costs.
TabreedTabreed
pioneers energy efficient gas-fired and electric-powered district cooling solutions in the UAE and across the region. The company offers customers the highest quality service through an integrated energy system devised to help them optimize their energy usage and reduce power and maintenance costs.
Since its establishment in October 2004, Tabreed BahrainTabreed Bahrain
contributed more than 150 million Bahraini dinars to the Kingdom's economy. The figure is expected to rise to more than 250 millions in the next few years. Contracts have been signed with the biggest commercial projects in Bahrain.
The company recently won a BBB stable long term local and foreign currency rating and positive projections from Standard and Poor's, the world's most prominent independent agency for credit ratings, financial and credit expectations, risk assessment, and investment data and research.
For more information please contact:
Wassim A. Farrage
TabreedTabreed
Bahrain
Sales & Marketing Manager
Tel: +973 17 516 666
Fax: +973 17 516 667
Mob: +973 36 077 666
Taher Salman
TabreedTabreed
Bahrain
Tel: +973 17 516666
Fax: +973 17 516667
Mob: +973 39992787
© Press Release 2008
from Hill & Knowlton-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Stories
Companies
| Company Name | Country | Industry |
| Qatari Diar Real Estate Investment Company | Qatar | Landlords and Developers |
| Dynasty Al Zarooni Real Estate | UAE | Agents and Brokers |
| Mubadala Development Company | UAE | Investment Firms and Funds |
| Investment Corporation of Dubai | UAE | Investment Banking |
| Nakheel | UAE | Landlords and Developers |
| Qatar Investment Authority | Qatar | Investment Firms and Funds |
| Emaar Properties | UAE | Landlords and Developers |
| Emaar the Economic City | Saudi Arabia | Landlords and Developers |
| Abu Dhabi Investment Council | UAE | Investment Firms and Funds |
| Noor Islamic Bank | UAE | Banking |
Projects
| Project Name | Country | Sector |
| Ras Tanura Integrated Refinery and Petrochemicals Complex | Saudi Arabia | Oil and Gas |
| Fujairah 2 IWPP | UAE | Power and Water |
| KNPC - Al Zour Refinery | Kuwait | Oil and Gas |
| QP - Al Shaheen Refinery | Qatar | Oil and Gas |
| WDEPC - Abu Qir Power Plant Expansion - Civil Works | Egypt | Power and Water |
| Qatalum Aluminum Smelter | Qatar | Industry |
| Qatar Foundation - Sidra Hospital | Qatar | Real Estate |
| Dubai RTA - Dubai Metro - Purple Line | UAE | Infrastructure |
| ADCO - SAS Field Development | UAE | Oil and Gas |
| Saadiyat Island Development - Saadiyat Resort and Beach Residences (Phase 1) | UAE | Real Estate |






Loading ...