Ewec expands advanced energy modelling and forecasting capacity with Energy Exemplar

  • Date: 21-Dec-2023
  • Source: The Gulf Time
  • Sector:Oil & Gas
  • Country:UAE
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Ewec expands advanced energy modelling and forecasting capacity with Energy Exemplar

ABU DHABI / WAM Emirates Water and Electricity Company (Ewec) has signed a memorandum of understanding (MoU) with Energy Exemplar, a global optimisation-based market simulation software provider for the energy and water sectors. The parties will explore opportunities to expand Ewec’s advanced modelling capacity and bring Energy Exemplar’s state-of-the-art, cloud-based platform modelling capabilities to the ...

ABU DHABI / WAM

Emirates Water and Electricity Company (Ewec) has signed a memorandum of understanding (MoU) with Energy Exemplar, a global optimisation-based market simulation software provider for the energy and water sectors.

The parties will explore opportunities to expand Ewec’s advanced modelling capacity and bring Energy Exemplar’s state-of-the-art, cloud-based platform modelling capabilities to the Middle East.

The MoU was signed by Othman Al Ali, Chief Executive Officer of Ewec, and David Wilson, Chief Executive Officer of Energy Exemplar, in the presence of representatives from both organisations.

Al Ali said that forecasting and modelling the impact of such rapid decarbonisation is crucial to achieving Abu Dhabi and the UAE’s sustainability and net-zero goals.

“This partnership with Energy Exemplar will expand our already advanced techno-economic modelling capabilities through the integration of a scalable, cloud-based platform that further strengthens our integrated system planning, particularly when factoring in future-facing energy innovations,” he added.

Wilson,