DTI, BOI invite PE2 to multi-sectoral consultations for feedback on EE programs
MAKATI CITY, 13 October 2022 – The Philippine Energy Efficiency Alliance (PE2) was invited by the Department of Trade and Industry (DTI) - Board of Investments (BOI), through the BOI Industry Development Services and Resource-Based Industries Service (RBIS), to represent the energy efficiency sector in a series of industry consultations in preparation for the 8th Manufacturing Summit in November 2022.
The hybrid consultation held earlier today was co-organized by the DTI Competitiveness and Innovation Group (CIG), through the Bureau of Trade and Industrial Policy Research (BTIPR), and was conducted for the priority industry clusters identified by Secretary Alfredo E. Pascual, namely: (i) Industrial, Manufacturing and Transport (IMT); (ii) Technology, Media and Telecommunications (TMT); (iii) Health and Life Sciences (HLS); and, (iv) Modern, Basic Needs, Resilient Economy (MBNRE).
PE2 vice president for external affairs Theresa Acedillo-Lapuz, corporate secretary Richard Henrick I. Beltran and secretariat manager Hazel D. Planco, attended the DTI consultation for the TMT cluster.
DTI wants to gather feedback and suggestions for improvement of existing programs, or recommendations if specific policies will need to be amended or proposed.
It was during this meeting that PE2 was informed that the BOI Board of Governors approved on 8 August 2022 the amended guidelines for the registration of energy efficiency projects. BOI approved and published BOI Memorandum Circular No. 2022-008, entitled the, “Amendments to the Specific Guidelines on Registration of Energy Efficiency Projects covered by Republic Act No. 11285, or the Energy Efficiency and Conservation Act based on the Strategic Investment Priority Plan, for purposes of Entitlement to Incentives under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprise (CREATE) Act.” The amended guidelines specify contract terms for energy service companies (ESCO) or third-party project developers (TPPD). PE2 noted too that, through the request of the Department of Energy – Energy Utilization Management Bureau, new guidelines for electric vehicles and alternative fuel vehicles were introduced.