PE2 congratulates V&A’s Beltran as new CorpSec and Trustee

Date Published: 
August 4, 2021
  • A few trustees and staff are captured in this screenshot during a special meeting of the PE2 board of trustees on 4 August 2021. (Image: PE2)
    A few trustees and staff are captured in this screenshot during a special meeting of the PE2 board of trustees on 4 August 2021. (Image: PE2)

MAKATI CITY, 4 August 2021 – The Board of Trustees of the Philippine Energy Efficiency Alliance (PE2) congratulated Atty. Richard Henrick I. Beltran after his election as its new corporate secretary and member of the Board of Trustees in a special meeting held earlier today. This election filled the vacancy caused by the announced resignation of Atty. Maria Concepcion P. Simundac due to her departure from PE2 member firm Villaraza & Angangco (V&A) Law Offices later this month. Atty. Beltran, a representative of V&A Law in PE2, has been closely supporting the Alliance’s board, policy work and international outreach ever since V&A Law joined PE2 in January 2017.

PE2 president Alexander Ablaza led the board in expressing appreciation for Atty. Simundac’s contributions to the Alliance in the last 5 fiscal years. Ablaza called for a board resolution as he said, “Please join me in thanking [Atty. Simundac] for sharing her valuable legal wisdom in aid of PE2 policy positions, her time to ensure that PE2's corporate "house" is kept in order, for mobilizing her V&A team and resources to support various PE2 activities and for fueling PE2's transformative drive with her "can do" positivity. Without an ounce of doubt, [Atty. Simundac] has been a precious gem in the PE2 leadership and growth as an organization. We also wish her the success and encouragement to shine where God plants her next.”

During the same board meeting, the five PE2 officers delivered their respective reports to the Board of Trustees.

Ablaza updated the body with the latest energy efficiency (EE) policy developments relating to the PE2 program proposal for grant funding by the Department of Science and Technology (DOST) Philippine Council for Industry, Energy and Emerging Technology Research and Development (PCIEERD), the EE guidelines for fiscal incentives, the emerging guidelines of the Government Energy Management Program (GEMP) to be reviewed and approved by the Inter-Agency Energy Efficiency and Conservation Committee (IAEECC), and the PE2-initiated GEMP pilot energy monitoring system project.

Ablaza said that after the PE2 proposal to DOST-PCIEERD, PE2 met PCIEERD and another DOST-attached agency, the Industrial Technology Development Institute (ITDI), to discuss a narrower scope limited to the conduct of detailed energy audits across more micro, small and medium enterprise (MSME) end-user sites. ITDI was receptive to the idea of procuring and owning the energy monitoring and energy audit equipment.

The PE2 chief also explained that, because the adoption of optimal fiscal incentives can happen no sooner than the approval of the new Strategic Investment Priorities Plan (SIPP) guidelines under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, the Board of Investments (BOI), the Department of Energy (DOE) and PE2 indicated the strategic preference to defer any early pilot registrations of EE projects through the transitional period under Executive Order No. 226.

PE2 vice president for internal affairs Ruth Yu-Owen reported on the extension of consultancy services for internal and external communication. Theresa Acedillo-Lapuz, as vice president for external affairs, gave a financial report on the EE Day 2021 event and sought Board authority for negotiating and entering into a partnership agreement with the European Chamber of Commerce of the Philippines (ECCP) for the Energy Smart Forum Series 2021 (ESFS 2021), a series of 5 EE webinars to be held from August to October 2021. Atty. Simundac reported on the approval of the Securities and Exchange Commission (SEC) of PE2’s amended by-laws and related filings with the SEC. PE2 treasurer Raymond A. Marquez on the financial performance of the Alliance since the start of FY2021 and forwarded recommendations on delinquent members, and other accounting policies.

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Philippine Energy Efficiency Alliance Inc. (PE2), is a non-stock, non-profit organization of energy efficiency market stakeholders.

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