PHL and China ESCO association heads share leadership of newly formed Asia-Pacific ESCO Industry Alliance
ADB HEADQUARTERS, MANDALUYONG CITY, 5 June 2018 — Philippine Energy Efficiency Alliance (PE2) president Alexander Ablaza and China Energy Conservation Association (EMCA) vice director Lily Zhao Ming were elected to co-chair the newly formed Asia-Pacific ESCO Industry Alliance during a Meeting of Asia-Pacific ESCO Associations convened here earlier today by PE2 and the Sustainable Energy Association of Singapore (SEAS) as a pre-forum activity of the Asia Clean Energy Forum 2018 (ACEF 2018).
Through structured discussions led by Ablaza and ACEF 2018 co-chair Peter du Pont, the five associations unanimously agreed to issue a Joint Statement on the Formation of the Asia-Pacific ESCO Industry Alliance, which shall serve as a regional platform for energy service company (ESCO) markets to facilitate knowledge exchange, capacity development, business matching, and if deemed feasible, development funding and capital flows between mature, developing and nascent ESCO markets in the Asia-Pacific region.
ADB energy sector chief, Dr. Yongping Zhai, congratulated the body for establishing the regional platform and looked forward to discuss ways of how the newly formed Alliance can help ADB introduce innovation in clean energy technologies, business models or financial products to middle-income countries in the region. International ESCO expert Thomas K. Dreessen contributed to the meeting discussions.
The founding associations of the regional Alliance are the:
- ESCO Committee of China Energy Conservation Association (EMCA)
- Japan Association of Energy Service Companies (JAESCO)
- Philippine Energy Efficiency Alliance (PE2) – Co-convenor
- Sustainable Energy Association of Singapore (SEAS) – Co-convenor
- Taiwan Energy Service Association (TESA)
PE2 trustees Ablaza, Samuel West Stewart, Ruth Yu Owen, Ma. Concepcion P. Simundac, Theresa Acedillo-Lapuz and Bienvenido Gonzales, PE2 Policy Committee member Richard Henrick I. Beltran and PE2 member services and communications manager Luigi Eusebio participated in the meeting.
Relatedly, the ACEF 2018 secretariat circulated the following news among this year’s 1,100+ delegates:
ACEF OUTCOME: Harnessing Collaboration at ACEF: Formation of a New Regional ESCO Alliance
Representatives of associations of energy service companies (ESCOs) from 5 Asia countries met on the sidelines of ACEF on Tuesday to discuss the need for improved coordination, data-sharing, and knowledge-management across the region, with the aim of improving the professionalism, quality and reputation of ESCOs in the region. The associations agreed to form a new alliance, the Asia-Pacific ESCO Industry Alliance, focused on promoting the sharing of knowledge, experience and best practices across the region, with the aim of stimulating increased investment in energy-savings projects. More than 60% of the global ESCO market is in Asia, and the countries forming the alliance included the Philippines, Singapore, Japan, China, and Taiwan.
