The Philippines will begin implementing next year a five-year action plan for energy efficiency and is increasing the use of renewable energy in a bid to address issues related to climate change.
Energy Undersecretary Donato Marcos bared these Philippine initiatives during the opening of the 46th Asia Pacific Economic Cooperation Energy Efficiency and Conservation (APEC EGEEC) Meeting on Monday.
“I trust that APEC will tackle interventions to mitigate the effects of climate change through energy efficiency and push for an environment friendly and developed economy,” he said.
For its part, Marcos said the Philippines has come up with an Energy Efficiency Roadmap and its corresponding action plan that it will undertake from 2016-2020.
“This Roadmap is envisioned to be the master plan of the Philippines Department of Energy in achieving energy efficiency and conservation programs and activities to higher levels and define the role of the government in coming up with a range of measures aimed at improving energy efficiency, driven by legislative orders and decrees targeting energy saving programs,” he noted.
Marcos said the action plan has targeted five energy-intensive sectors, namely: transport, industry, commercial and residential buildings and the cross-sectoral.
Moreover, the energy official said the Philippines is aggressive in the promotion and installation of renewable energy, as it recognizes the importance of addressing energy issues relevant to economic growth and development.
“As a matter of record, we rank second as the largest geothermal producer in the world with 1,868 MW (megawatts) installed capacity as of 2013 or equivalent to 10.78 percent of the total installed capacity of the country,” he stressed.
For its energy efficiency programs, Marcos said the country has generated energy savings of 1.6 million tons of oil equivalent for the same year.
“The Philippines reaffirms its commitment to the APEC’s unified goal of building strong partnerships towards economic development as we are optimistic that with APEC support, our vision of harmonization and connectivity will come to excellent productive realization,” he further said.
The 46th APEC EGEEC Meeting will discuss various priority areas, including energy efficiency policies and programs, and energy intensity and renewable energy goals.