"Get information and do business"
:Follow us
Follow us on Facebook Follow us on Twitter Follow us on Linkedin Follow us on Google+

Energy Conservation Bill to be implemented by 2013

Published at: Mar 8, 2010
source: Mediacopr Website
Channels:
Countries:

Tags:
published by

From 2013, companies that consume more than 15 Gigawatts per hour of energy each year will have to adopt mandatory energy management practices

From 2013, companies that consume more than 15 Gigawatts per hour of energy each year will have to adopt mandatory energy management practices. 

They will need to appoint an energy manager, monitor and report energy use periodically to the National Environment Agency, and develop and submit energy efficiency improvement plans.
 
These energy management requirements will be consolidated in an Energy Conservation Act. 

Minister for Environment and Water Resources, Yaacob Ibrahim, revealed this in Parliament today. 

Chairman of the Government Parliamentary Committee for Environment, Cedric Foo, asked about mid-term targets for Singapore to achieve energy savings. 

Dr Yaacob said that the measures outlined in the Energy Conservation Act, will help spur industries in Singapore to be leaders in energy efficiency. 

"From experiences in other countries, the implementation of energy management programmes is one of the most cost-effective ways to improve energy efficiency. Studies indicate that a company can expect to reduce energy consumption by at least 10 to 15%, with many companies able to achieve even larger reductions."
 

To ensure a smooth transition, NEA will introduce the Energy Efficiency National Partnership in April this year to help companies build up the necessary capabilities. 

Efforts are also underway to improve the energy efficiency of buildings. 

Dr Yaacob said the mandatory minimum energy efficiency standards for Green Mark-certified new buildings will increase by ten per cent.
 
The submission of building energy usage data will also be made mandatory from next year.

Get market info about
Do business in
You want to read more about other markets?

Please choose the country you are interested in:


close x

This site in other countries