As Saudi Arabia continues to diversify its economy beyond oil exports, energy intensity of the economy has grown. In order to conserve oil resources for the future generation, a key focus of the government and industry leaders is to reduce the energy intensity growth through policy, management and technology measures.
Electrical energy consumption in Saudi Arabia has increased sharply during the last two decades due to rapid economic development. An estimated 73% of the electric energy generated in Saudi Arabia is used for operating buildings and 65% of this energy is consumed by air conditioning. Peak loads are expected to approach 60GW by 2023 and the total investment needed to meet this demand may exceed $90 billion.
RetrofitTech KSA 2016 will discuss the upcoming opportunities, strategies and challenges for retrofitting and refurbishing of existing buildings to reduce electricity and water usage. The event will give an update on KSA’s national energy efficiency program and gather regional and global industry experts to share case studies on the mechanisms and strategies to achieve the desired reduction in energy demand and increase in ROI.
Topics to be discussed include KSA’s retrofitting opportunities and share regional and global regulatory, financing and legal frameworks, as well as technologies for successful retrofitting programs.
Excellent Opportunities for the sustainable and energy efficiency industry
- Saudi Arabian developers are retrofitting over 90,000 mosques in the kingdom using advanced green building techniques to reduce lighting and energy consumption by 40 to 80% and water usage by 30 to 40%.
- 73% of the electric energy generated in Saudi Arabia is used for operating buildings and 65% of this energy is consumed by air conditioning.
- Peak loads are expected to approach 60GW by 2023 and the total investment needed to meet this demand may exceed US$90 billion.
- Savings on air conditioning can result in the return on investment equivalent to 400–500MW p.a. of generating capacity, which is savings of $0.25 billion p.a.
- Energy conservation policies for sustainable development could result in reducing the electricity forecast demand by 5–10%, equivalent to 3–6GW of additional capacity, which is possible $1.5–3.0 billion saving over the next 20 years.
- Experts estimate that as much as 29% of energy consumed by buildings can be reduced at little or no cost.
Top Reasons to Attend
- NETWORK with government, developers, consultants, financiers, FMs, green technology providers and legal firms.
- DISCOVER new opportunities in KSA’s retrofit market.
- LEARN about latest retrofit projects, best practices and financing strategies as well as new technologies.
- GAIN competitive advantage in the KSA retrofit market by showcasing your solution to buyers.
- PARTICIPATE in discussions on new technology, techniques and processes to reduce electricity and water consumption.
The RetrofitTech KSA seminar will focus on different aspects of the retrofitting and fine tuning buildings, including:
- SEEC national energy efficiency program
- Best practice – Dubai SCE and Etihad ESCO Dubai Building Retrofits strategy and program
- Financing energy efficiency initiatives
- Industry panel session on challenges and future retrofit strategies
- Legal framework and risk mitigation for ESCOs – what comprises an sound Energy Savings Performance Contracts (ESPC) framework
- Showcasing innovative green solutions and technologies for lighting, building control systems, chiller plant facilities, air conditioning equipment and water systems
- ESCOs’ panel – requirements and challenges, what is a good ESCO?
- Technologies suitable for use in retrofit projects (energy audit, performance analysis and ROI)
- Buildings and other mega project owners: updates, perspectives and future opportunities
- Latest green technologies showcase for the following:
- energy efficient lighting systems
- central air conditioning
- sustainable materials
- smart CO2 sensors
- building energy modelling
- renewable energy
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