Senate COE, DOE, PE2 speak in MAP webinar on EE&C

Date Published: 
March 4, 2021
  • Senator Sherwin Gatchalian (upper right screenshot) delivers his keynote message during the MAP webinar on the EE&C Act held on 4 March 2021. Other speakers included (lower right screenshot, clockwise from upper left) Ruth Yu-Owen, Alexander Ablaza, Dir. Patrick Aquino, Usec. Jesus Cristino Posadas, Ernesto Pantangco, Atty. Teresa Ira Maris Guanzon. (Screenshot Images: PE2)
    Senator Sherwin Gatchalian (upper right screenshot) delivers his keynote message during the MAP webinar on the EE&C Act held on 4 March 2021. Other speakers included (lower right screenshot, clockwise from upper left) Ruth Yu-Owen, Alexander Ablaza, Dir. Patrick Aquino, Usec. Jesus Cristino Posadas, Ernesto Pantangco, Atty. Teresa Ira Maris Guanzon. (Screenshot Images: PE2)

MAKATI CITY, 4 March 2021 – The Senate Committee on Energy (COE), the Department of Energy (DOE), and the Philippine Energy Efficiency Alliance (PE2) participated as resource panelists in a webinar held earlier today by the Management Association of the Philippines (MAP), with the intent to raise awareness on the Energy Efficiency and Conservation (EE&C) Act and the obligations of designated establishments. Attended by close to 300 virtual participants, the webinar “Energy Efficiency and Business: What you need to know about RA 11285” was the first of a series of the MAP Energy Committee’s learning sessions to update MAP members on the recent market developments and policy frameworks affecting the production, transmission, distribution and end-use utilization of energy in our economy, and how these can lead us toward a low-carbon energy transition.

MAP Energy Committee chair Ernesto B. Pantangco opened the webinar, baring plans of the committee in continued collaboration with policy makers and other stakeholders on urgent energy sector issues, as well as the quarterly energy-related learning series under the auspices of the MAP CEO Academy.

Senator Sherwin T. Gatchalian, who continues to chair the Senate COE, delivered a keynote message on the economic aspirations of the EE&C Act, particularly on the further reduction of the economy’s energy intensity in the years to come. Sen. Gatchalian announced that he has reached out to counterparts in the House of Representatives for a scheduled hearing by the Joint Congressional Energy Commission in the second quarter of this year to check on the unenforced features of the EE&C Act. Atty. Teresa Ira Maris P. Guanzon, Director of the Senate COE, showed why, in spite of the country’s declining energy intensity, EE&C will be needed to deliver long-term economic, climate and energy security impacts.

DOE Usec. Jesus Cristino P. Posadas gave a strategic policy maker’s view on the strategic importance of the EE&C Act in the Philippines’ low-carbon energy transition pathway, and the crucial role of the commercial, industrial, transport and government end-use sectors under the Philippine Energy Plan 2018-2040. 

Director Patrick T. Aquino of the DOE Energy Utilization Management Bureau explained the major features of RA 11285, with a special focus on the obligations of designated establishments. Dir. Aquino reminded commercial, industrial and transport establishments to comply with the nearing April 15 deadline of the annual energy consumption reports.

PE2 president and MAP Energy Committee member Alexander Ablaza shared with the multi-sectoral audience PE2’s estimate that the economy will need to mobilize no less than P 8 trillion in off-balance sheet energy efficiency (EE) capital in the next 2 decades through innovative financial structures, procurement modalities and business models, such as energy service company (ESCO) performance contracting, public-private partnership transactions, joint venture agreements or large-scale Government-led EE retrofit programs. He also promoted the ESCO business model, and how “pay-through-savings” performance contracts can be used as a fundamental strategy to quickly mobilize off-balance sheet EE capital to target commercial and industrial energy end-users.

PE2 vice president for internal affairs and MAP Energy Committee member Ruth Yu-Owen served as Master of Ceremonies and moderator of the open forum.

During the MAP event, Ablaza invited MAP and the participants to take part in the forthcoming EE Day on 12 April 2021.

To watch the 2-hour webinar, click the Youtube link: https://www.youtube.com/watch?v=lzq_e6rt6Zo

About PE2

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

Learn More

Republic Act 11285

R.A. 11285 - An Act Institutionalizing Energy Efficiency and Conservation, Enhancing the Efficient Use of Energy, and Granting Incentives to Energy Efficiency and Conservation Projects

RA 11285 - Text

RA 11285 - Signed

IRR - Signed

Beyond COVID-19: How governments, ESCOs and innovative financial modalities can mobilize energy efficiency capital through 2040

Working Together to Bridge an Energy Efficiency Financing Gap

Infographics

PE2 Infographics on Energy Efficiency and Conservation Roadmap Targets

Infographics on Roadmap Targets for Energy Efficiency and Conservation

» View | Download

Join PE2 Now!

We would love to have you on board

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

Learn More

PE2 Secretariat

  • Philippine Energy Efficiency Alliance, Inc. (PE2)
    19/F Philippine AXA Life Centre 
    Senator Gil Puyat Avenue 
    corner Tindalo Street 
    Makati City, Metro Manila 
    Philippines 1200
  • +63 2 7989 3007 
  • secretariat@pe2.org 
Signup to our newsletter:

To prevent automated spam submissions leave this field empty.