UAE Energy Innovation Competition.
Watt Footprint have been shortlisted for the RAK Energy Innovation Competition in the UAE from a group of 75 companies across 27 countries.
The competition is being run by the Ras Al Khaimah Municipality Department who are looking for companies and solutions that can support them in shaping a clean energy future!
The Ras Al Khaimah Energy Efficiency & Renewables Strategy 2040 has been established to support the competitiveness of Ras Al Khaimah by improving energy and water efficiency and increasing the share of renewables in the generation mix. As part of this strategy, Ras Al Khaimah Municipality is running the innovation competition to find strategic partners to help them achieve their goals.
The challenges addressed via the competition are:
1) Energy Management: Implementation of energy management systems and processes for organisations and/or households. This includes innovative equipment and methods for data gathering, analysis, operation and control of energy and water consuming assets. The challenge covers not only advanced solutions for large industrial and commercial buildings but also low-cost smart solutions for residences.
2) Industrial Efficiency: Solutions for the industrial sector that allow higher returns on investment than conventional solutions, such as waste heat recovery from low temperature sources (e.g. below 300℃), alternative fuels, digitisation or electrification.
3) Decentralised Energy Systems: New generation, distribution and/or storage solutions that reduce energy costs and/or increase service levels for the provision of electricity and water for buildings and/or mobility. Ideal customers of these solutions should be end-users as opposed to utilities.
Watt Footprint will continue to the next round of the competition later this month. Stay tuned to see how we get on!