DOE records P6.8B investments in energy efficiency

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The Energy Utilization Management Bureau of the Department of Energy (DOE) has reported energy efficiency investments worth Php 6.8 billion based on the Annual Energy Efficiency and Conservation and Annual Energy Consumption Report. 

“I am very pleased that our DEs (Designated Establishments) are moving forward on EEC. These accomplishments bring multiple benefits for the companies such as enhancing the sustainability of the energy system, supporting strategic objectives for economic and social development, promoting environmental goals, and increasing prosperity,” Energy Secretary Raphael P.M. Lotilla said.

DEs are private entities operating in various sectors such as commercial, transport, power, industrial, public works, agriculture, and others. These entities are recognized by the DOE as energy-intensive industries based on their annual consumption in the previous year. DEs are classified into two types: Type 1 DEs, which have an annual energy consumption ranging from 500,000 kilowatt hours (kWh) to 4,000,000 kWh in the prior year, and Type 2 DEs, which have an annual energy consumption exceeding 4,000,000 kWh in the previous year.

Type 1 DEs received an investment of Php 360 million, while Type 2 DEs received Php 6.1 billion.

On the other hand, approximately Php 306 million was invested by 4,782 DEs with annual energy consumption exceeding 100,000 kWh.

DEs are assigned to fuse energy management system policy into their business operation based on ISO 50001 or a similar framework. 

ISO 50001 is an internationally recognized standard that is conferred to companies that have successfully implemented a robust energy management system. This standard is tailored for businesses that are committed to disclosing and reducing their emissions, as well as developing policies to enhance energy efficiency in their operations.

DEs also implemented initiatives aimed at promoting energy efficiency, sufficiency, and conservation. These programs involve the development and implementation of measures, such as the installation of renewable energy (RE) technologies, to enhance energy efficiency and reduce energy consumption.

Meanwhile, the DOE also documented higher investments in Solar PV, VFDs, Cogeneration Systems, District Cooling Systems, Pumping Systems, HVAC Systems, Compressed Air Systems, Smart Manufacturing Systems, and Building Energy Management Systems.

“Industry has a crucial role to play in our quest towards achieving a low carbon-intensive economy and more importantly, integrating this in their business models,” Lotilla explained.