PE2 membership elects two new trustees to Board in AGMM
TAGUIG CITY, 26 May 2022 – The regular members of the Philippine Energy Efficiency Alliance (PE2) elected the members of the PE2 Board of Trustees for 2022-2024 during the Annual General Membership Meeting (AGMM) held virtually earlier today. The new Board includes two news trustees – Takayoshi Miki, President of Daikin Airconditioning Philippines, and Yvonne Pan, Country Leader of Signify Philippines – to serve alongside 13 re-elected trustees in the Alliance’s policy-making body.
Eighty-five percent of PE2 voting member companies and two associate member companies attended the AGMM to receive and discuss the President’s Report.
PE2 president Alexander Ablaza, who chaired the AGMM, kicked off his report with updates on PE2’s support to the Department of Energy (DOE) and the Inter-Agency Energy Efficiency and Conservation Committee (IAEECC) in the development of draft guidelines and other policy issuances. Since the last general membership meeting in October 2021, DOE approved a total of six additional department circulars containing guidelines for: the endorsement of strategic energy efficiency (EE) investments to the Board of Investments (BOI) for fiscal incentives; the recognition of testing laboratories for the examination, testing and verification of the energy efficiency of energy-consuming products (ECPs) and the fuel efficiency of transport vehicles; training regulations and certification process for energy auditors; training regulations for the certification of energy conservation officers; training regulations and prescribing certification process for training institutions and energy managers; and the certification guidelines for energy audit conducted by firms, partnerships, corporations and sole proprietorships (FPCS). DOE likewise issued 3 department orders specifically: to create a Philippine steering committee and technical working groups for renewable energy and energy efficiency and conservation under the Clean Energy Finance and Investment Mobilization program of OECD; to provide guidelines on the issuance of the certificate of energy efficiency cost reductions; and to provide guidelines on the endorsement of government EE projects to IAEECC pursuant to the Government Energy Management Program (GEMP) guidelines.
Since October 2021, IAEECC passed three resolutions for the purposes of adopting inverter and similar air conditioning technologies, integrating EE in good local governance criteria, and to require compliance with GEMP guidelines by all government entities.
Ablaza also said that PE2 wants the Build-Operate-Transfer law implementing rules and regulations to explicitly include EE projects.
The PE2 president likewise updated the assembly on PE2’s support to the Department of Finance (DOF), the Fiscal Incentives Review Board (FIRB) and BOI for the Strategic Investment Priority Plan (SIPP) guidelines for EE Projects. Relatedly, PE2 issued a letter to Finance Secretary Carlos G. Dominguez, in his capacity as FIRB chairman, to request the upgrading of the industry tier classification of EE projects within the income tax holiday (ITH) framework of domestic market activities of RA 11534, better known as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act. PE2 requested the FIRB, chaired by the DOF Secretary, to enable BOI and other relevant investment promotion agencies to reclassify EE projects from Tier I to Tier III.
Ablaza reported on the response of Sec. Dominguez to PE2. The FIRB chair passed on to the BOI the task of studying the upgrading of CREATE perks for EE projects from Tier I to Tier III. PE2 echoed it manifestation before DOF, BOI and DOE that Tier III re-classification of all EE projects, regardless of whether the EE project is strategic or not, will be needed to make third-party investments in EE projects commercially viable and attractive to local and foreign investors.
The president’s report also included updates on the progress of the GEMP pilot energy monitoring system project for PNOC Building 5, which includes Stratcon PH and Hi-Cool Engineering as technology providers. Ablaza said that the DOE expects the Memorandum of Agreement (MOA) to be executed and the project system fully installed and operational before the end of the current administration on 30 June 2022.
Ablaza briefed the membership on the second annual PE2 Energy Efficiency Day 2022, which was held to mark the third anniversary of the passage of Republic Act 11285, by positioning EE as the first fuel to jumpstart the energy transition of the global and local economy. The event had two half-day webinars with hybrid stage formats for the opening and closing sessions. PE2 VP-EA Theresa Acedillo-Lapuz chairs the EE Day Committee.
He also reported on the PE2 role to support EE discussions in the Asia Clean Energy Summit 2021, ECCP-PE2 Energy Smart Forum Series 2021, Philippine Green Building Initiative’s (PGBI) annual “Green Breakthroughs” event, the University of the Philippines (UP) webinar, “Accelerating the Switch to Balance the Energy Trilemma,” the Institute of Integrated Electrical Engineers of the Philippines (IIEE) national convention, Daikin Airconditioning Phils. (DPH) VRV Solutions Seminar 2022 event, and the Renewable Energy and Energy Efficiency (REEE) Summit organized by the Meralco Power Academy (MPA).
PE2 officers and members actively participated in a presentation made by the local consultant of the UK Government’s ASEAN Low Carbon Energy Programme (LCEP) on the energy service company (ESCO) survey findings on E2SAVE Energy Efficiency Savings Financing Program of the Development Bank of the Philippines (DBP).
PE2 transmitted its official pledge of support to the Batangas State University (BatStateU), as it pursues a grant application with the Department of Science and Technology (DOST) for the university’s proposed research program “Advanced Research and Innovation in Smart Energy (ARISE) Center” under DOST’s Niche Centers in the Regions for Research and Development (NICER) Program.
The PE2 president also reported that Sen. Sherwin Gatchalian, who chaired the Senate Committee on Energy through the 17th and 18th Congresses and was the principal author of Republic Act 11285, thanked PE2 for its active partnership with his committee in aid of legislation, particularly for the Energy Efficiency and Conservation (EE&C) Bill, which was passed into law as Republic Act No. 11285.
Ablaza also announced that he will represent PE2 physically in the 1st Biennial Meeting of the Global ESCO Network, in Sønderborg, Denmark on 7 June 2022. PE2, through its founding membership in the Asia-Pacific ECSO Industry Alliance (APEIA), is among the 30 ESCO associations invited to the 1st Biennial Meeting of the Global ESCO Network to be held on the first day of IEA’s 7th Annual Global Conference on Energy Efficiency. The Biennial Gathering seeks to gather inputs from ESCO association on how their markets can be supported with model contracts, exchange of best practices, barrier removal analyses, policy advice and a concept note for ESCO financing.
Ablaza also said that PE2 is surveying interested members to participate in a Danish Energy (RE/EE) Delegation to be held in Metro Manila from 6-8 September 2022. The Danish Ministry of Foreign Affairs – Trade Council is supported by the Confederation of Danish Industry, the Danish Export Association, and State of Green in organizing this event. Also, PE2 is considering seeking the exclusive role as Efficiency Valuation Organization (EVO) Training Partner for the Philippines to offer EVO training. EVO is thriving as the world's only organization solely dedicated to a mission of providing tools to quantify energy efficiency business transactions. EVO is a global think-tank where experts meet to discuss and debate new ideas and consensually agree on new measurement and verification (M&V) solutions to fit the changing market needs.
Ablaza led the general membership in welcoming the new members to the Alliance, namely, Resources Consolidated International Trading Inc and Alpha Centauri Electrical Services Inc.
Participating members actively participated in the open forum, armed with suggestions on how best PE2 should move forward vis-à-vis the government transition toward a newly elected administration.
The newly elected PE2 Board of Trustees held an organizational meeting immediately after the AGMM was adjourned.
Villaraza & Angangco Law, an active member of PE2, hosted the virtual AGMM and the hybrid board meeting.