PE2, DOE and electronics industry position EE&C as means to bolster resiliency
PASAY CITY, 15 November 2022 – The Philippine Energy Efficiency Alliance (PE2) led discussions with leaders of the electronics industry and the Department of Energy (DOE) on how manufacturers bolster resiliency amid soaring energy prices through energy efficiency interventions as designated establishments under Republic Act 11285 (EE&C Act). The exchange of energy efficiency opinions was moderated by PE2 president Alexander Ablaza during a panel discussion held today, the first of two days of the ASEAN Innovation Business Platform (AIBP) conference and exhibition at the Manila Marriott Hotel. Joining the panel were Director Patrick Aquino of the DOE Energy Utilization Management Bureau (EUMB), Dr. Danilo Lachica, President of the Semiconductor & Electronics Industries in the Philippines Foundation, Inc. (SEIPI), Sherwin Nones, Head of Strategy and Corporate ESG of Integrated Micro-Electronics, Inc. (IMI) and Rhett Ramos, Director for Asia IT and Smart Manufacturing of Allegro MicroSystems.
The PE2-led panel discussion enabled DOE to clarify that electricity costs in the Philippines are second-highest in Southeast Asia. Ablaza also stressed the fact that only Singapore and the Philippines in the region have succeeded in phasing out most government subsidies from electricity and gas prices. SEIPI, IMI and Allegro MicroSystems said that this market maturity has driven the manufacturing sector toward measures and programs to reduce energy costs, while striving toward a greener, resilient and sustainable future. The entire panel was quick to conclude that scaled-up energy efficiency projects in the manufacturing sector was a logical response, especially now that the Ukraine crisis continues to escalate global energy prices and that DOE is stepping-up enforcement of the EE&C Act in both the private and public sectors.
AIBP offers Southeast Asia’s most comprehensive platforms for stakeholders in the enterprise technology ecosystem to gather, connect and discuss growth, innovation and digital transformations in the region. Hosted annually in Southeast Asian countries since 2014, this is the 6th year that AIBP is held in Manila.