Dubai Electricity and Water Authority (DEWA), and Xanadu, a leading Canadian quantum computing company and a portfolio company of Forward Investments, which is DEWA’s investment arm in disruptive technologies, have discussed the latest developments in quantum computing technology and its potential impact on the energy sector.
Mr. Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), also discussed possible strategic cooperation between the two entities to develop and implement innovative solutions that improve the efficiency and reliability of energy systems, with Dr. Christian Weedbrook, Founder and CEO of Xanadu.
During the meeting, Mr. Al Tayer highlighted the importance of quantum computing in addressing some of the world’s most pressing challenges, such as climate change and energy sustainability. Mr. Al Tayer also highlighted DEWA’s efforts to provide the best global solutions, experiences and practices in line with its vision to be a globally leading sustainable innovative corporation committed to achieving Net-Zero by 2050.
Mr. Al Tayer emphasized DEWA’s commitment to benefit from advanced technologies to provide seamless, proactive, integrated, and specialized services that meet customers’ expectations. In 2018, DEWA launched a training program on quantum computing to look for new quantum computing solutions in the production, transmission and distribution of energy and water, and consumption management.
The program also aims to identify the challenges that quantum computing can deal with, considering its immense computing power compared to classical computers.
Dr. Weedbrook commended DEWA’s efforts in promoting sustainable development. He talked about the latest developments of his company, which is one of the world’s leading companies in quantum computing, including advanced quantum hardware and software solutions.
Xanadu has developed Pennylane, one of the first and most used open-source software libraries for quantum computing and application development. It is also one of the first quantum hardware makers which have announced quantum supremacy, an experimental demonstration of the dominance and advantage of quantum computers over classical computers.
The meeting concluded with the two sides emphasizing the importance of cooperation, exchanging knowledge and expertise in quantum computing, and commitment to promoting a sustainable future. This can be achieved by taking advantage of the latest disruptive technologies of the Fourth Industrial Revolution.
