Metro Manila (CNN Philippines, June 13) — The Department of Energy (DOE) on Tuesday said it has recorded ₱6.8 billion worth of energy efficiency investments based on the report submitted by the designated establishments (DEs), or industries identified as energy-intensive, for the period of 2021 to 2022.
Energy efficiency investments include projects that use energy-efficient technologies such as upgrading, installation, and retrofitting of equipment or devices to reduce energy use.
“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 model,” said Energy Secretary Raphael Lotilla in a statement.
Type 1 DEs, or those with annual energy consumption of 500,000 kWh to 4,000,000 kWh, recorded an investment of ₱360 million.
Meanwhile, Type 2 DEs or those who consume 4,000,001 kWh and above yearly, recorded around ₱6 billion worth of energy efficiency projects.
On the other hand, DEs with an annual energy consumption threshold of more than 100,000 kWh recorded an investment of about ₱306 million.
The DOE noted that DEs are mandated to implement energy management policies in their daily operations based on ISO 50001, which is the international standard awarded to companies with an effective energy management system.
DEs are also mandated to conduct an energy audit by an energy auditor once every three years, the DOE said.
