19:29 Dec. 14, 2016
Ukrainian startup Ecoisme will create a system of energy efficiency tracking for the emirate
Ecoisme became part of a state pilot program and will implement its innovations in Dubai. The task of the Ukrainian company is to create a system of energy efficiency tracking. To become a part of the project, the startup spent three months working in the program Dubai Future Accelerator. Out of 2400 participants, only 30 could finish it.
Ecoisme is the only Ukrainian company among the winners. It signed a contract with Dubai Electricity & Water Authority (DEWA). The goal of their partnership is to reduce energy spending and at the same time to keep provider's income.
Thanks to Ecoisme invention, every consumer can see where the electricity is used and to define how much he/she wants to spend on it. Energy saving is a major problem for Dubai. There is no government subsidy for electricity, so the citizens have to pay the full market price. As they have to use conditioners all year long, the sum can be substantial. Yet, thanks to collaboration with Ecoisme, Dubai authorities hope to solve this problem.