UAE

Emicool commits Dh116 million to reach net zero operations by 2050

EMICOOL unveils roadmap to achieve net zero operations by 2050

Emicool allocates Dh116 million for energy optimisation to cut emissions by 90% across its Dubai cooling network by 2050.

Emirates District Cooling (Emicool) announced on Tuesday, 18 August, a formal roadmap to reach net zero operations by 2050, backed by an initial Dh116 million investment in energy optimisation. The Dubai-based utility provider has set a 2023 emissions baseline of 183,423 tonnes of carbon dioxide equivalent (tCO₂e) as the benchmark for its decarbonisation targets. The strategy includes an interim board-approved target to reduce emissions by 10% by 2035. According to the company, the Dh116 million funding will be deployed through 2027 to drive efficiency across its network, which currently spans 20 district cooling plants with a total connected capacity exceeding 306,000 refrigeration tonnes. Strategic investment in green technology The roadmap targets a 90% absolute reduction in emissions by 2050, covering Scope 1, Scope 2, and relevant Scope 3 categories. The company confirmed that any remaining hard-to-abate emissions will only be addressed through neutralisation after all direct reduction methods have been exhausted. This technical model relies on the maturation of low-carbon technologies and the ongoing transition of the UAE’s national energy grid. Dr. Adib El Moubadder, CEO…

Source: WAM (Emirates News Agency)