EWEC Announces Q4 2023 Clean Energy Certificates Auction In Abu Dhabi

Abu Dhabi-based Emirates Water and Electricity Company (EWEC) has announced the initiation of its Q4 2023 auction for Clean Energy Certificates (CECs), with registration currently open and the auction slated to close on December 14, 2023.

Introduced by the Abu Dhabi Department of Energy, CECs serve as accredited instruments in Abu Dhabi, validating ownership of the environmental and economic benefits associated with consuming clean energy.

Each CEC, issued in units of 1MWh, certifies that the electricity consumed originates from a clean energy source. EWEC, acting as the Single Registrant and Auction Operator, plays a pivotal role in implementing the CECs scheme.

Othman Al Ali, CEO of EWEC, highlighted the scheme’s significance in supporting global and national sustainability goals, urging organizations to participate in the auction to collectively contribute to the fight against climate change.

The CECs scheme adheres to the internationally recognized standard developed by the International Renewable Energy Certificate Standard Foundation (I-REC Standard), enhancing an organization’s sustainability credentials.

The record-breaking number of participants in 2023 reflects a growing commitment to sustainability within Abu Dhabi and the UAE, showcasing the nation’s readiness to lead by example as COP28 approaches.

The scheme has gained traction across diverse industries, with EWEC establishing notable partnerships to enhance sustainability in football and serving as the Clean Energy Partner of the World Utilities Congress.