“TRANSCO Adopts Multilayer Strategy For Carbon-Reduction Targets,” says CEO

“TRANSCO Adopts Multilayer Strategy For Carbon-Reduction Targets,” says CEO

/ News & Interviews / Wednesday, 11 May 2022 07:21

A subsidiary of Abu Dhabi National Energy Company (TAQA), Abu Dhabi Transmission and Despatch Company (TRANSCO) is responsible for the development, operations and maintenance of high-voltage power and bulk water transmission networks within Abu Dhabi and beyond.

TRANSCO provides secure, sustainable, economic and reliable transmission networks that connect generation companies to distribution companies, as well as other end-users.  Dr. Afif Saif Al Yafei, CEO at TRANSCO shares with Energy Review his vision for UAE’s utilities sector.

How important are events such as the World Utilities Congress in shaping the future of the power and water utilities industry?

I believe that the World Utilities Congress is an important event which maps out the future of secure, cost effective, and reliable energy. As a transmission business, connecting generation to distribution and customers, we are aware of the importance of energy and the critical role it plays towards achieving sustainable economic development. The Congress provides that platform for partners, industry leaders, and peers across the value chain of power and water to collaborate, share knowledge, and expand on our vision for the sector. 

What are your company’s strategies for reducing carbon emissions?

At TRANSCO, and in-line with TAQA’s ESG principles, we are adopting a multilayer strategy which positions us on a journey to achieve carbon emission reduction targets. Internally, we are focusing on our transmission network optimization through innovation and efficiency while also providing support to our customers in identifying opportunities to reduce carbon footprint and work towards a more sustainable future.

The UAE Government has set an ambitious strategic goal — UAE Energy Strategy 2050 — aiming to invest AED 600 billion by 2050 to meet the growing energy demand and ensure sustainable growth for the country’s economy. How is your company contributing to achieving this goal?

One of the key pillars of UAE’s Energy Strategy of 2050 is infrastructure which enables this transition and facilitates the clean energy mix. At TRANSCO, we are at the core of this vision. We plan, develop, and deliver the critical infrastructure which enables energy transition through our power and water networks.  

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