About Us

What PE2 is convened for

Alongside the greenhouse gas emission reduction pathway targeted by the Philippines’ Nationally Determined Contribution to the Paris climate agreement, the Philippine Department of Energy (DOE) has updated in July 2017 a 2017-2040 Energy Efficiency & Conservation Roadmap which targets a ramp-up of energy efficiency policy and market interventions across the various end-use sectors of the economy toward an 10,000 ktoe annual energy savings target by 2040.

The Philippine Energy Efficiency Alliance (PE2) convened private- and public-sector energy efficiency market stakeholder entities in April 2016 as a non-stock, non-profit civil society organization, building on the 11-year history of the Energy Service Companies Association of the Philippines (ESCOPhil) established in May 2005 with DOE support, and its successor, the Philippine Association of Energy Service Companies.

Primary Purpose

To organize, encourage, and promote advocacies, initiatives, studies, projects, programs, policy-directions, financing strategies, best ethical practices and sources in energy efficiency, energy conservation and renewable energy; thus, to assist the Philippines in achieving its long term targets of:

  1. energy intensity reduction
  2. increasing energy productivity
  3. greenhouse gas (GHG) emission reduction
  4. increasing energy security

Other Purposes

  1. To provide a forum for leadership and exchange including best practices and knowledge transfer with regard to energy efficiency (EE), energy conservation (EC) and renewable energy (RE), as well as impact on climate change.
  2. To encourage, support and strengthen appropriate policies, laws, rules and regulations that increase the application of and investments in EE, EC and RE throughout the Philippines.
  3. To act as a catalyst of cooperation among private sector, government agencies, international institutions, non-governmental organizations, industry associations, and other partnerships and initiatives with regard to EE, EC and RE.
  4. To push for the identification, study, evaluation, analysis, and development of policies, projects and programs on EE, EC and RE, which in turn help to transform the economy and generate green jobs.
  5. To convene and represent the interests of the Energy Service Company (ESCO) industry, especially in collaborating with Government for the promotion of ESCO Performance Contracting (EPC) and for regulatory concerns such as ESCO accreditation.
  6. To convene and represent the interests of other EE, EC and RE stakeholders which include but not limited to, technology and solutions providers, EPC contractors, service providers, consultants, investors, financiers, financial institutions, commercial and industrial end users, large EE, EC and RE program implementing entities, and other market players.
  7. To facilitate the country accelerate the transformation to an energy efficient economy with EE, EC and RE as increasingly prominent, viable and competitive low carbon technology options towards the achievement of energy security and increased energy productivity in the Philippines.

PE2 preliminarily estimates that no less than 182 million tons of oil equivalent (Mtoe) will need to be shaved off the economy’s final energy demand across end-use sectors during the period 2017-2040. Through 2040, the 182 Mtoe energy savings target has the potential to reduce GHG emission reductions by about 1.7 gigatons of CO2 equivalent, defer about 45.9 gigawatts in additional energy production, transmission and distribution infrastructure, and flow down USD 726 billion in energy end-use savings. PE2 however maintains that this ambitious 2040 target will require the economy, albeit largely from the private sector and external climate funding, to mobilize around USD 243 billion in technology deployment and project capital, about two-thirds of which will have to flow as third-party investments (e.g. ESCO, PPP, equity capital, etc.).

PE2 believes that the energy efficiency market, particularly in the scaled-up delivery of ESCO performance contracting services to energy-intensive commercial and industrial energy end-users, will need to strengthen the technical and financial capacities of the ESCO sector, bridge early-stage EE project development barriers, assist the executive and legislative branches of government to effect policy reforms and develop market acceptance of the ESCO delivery model.

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

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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 2 759 6680 (ext 231)
  • secretariat@pe2.org