At the inaugural National Energy Efficiency Conference, Minister for the Environment and Water Resources Dr Vivian Balakrishnan announced a S$22.8 million Grant for Energy Efficient Technologies (GREET) scheme. This will be available for the next two years, and it will help companies cope with costs of new technologies. Channel NewsAsia reports.
S’pore energy efficiency gets boost
SINGAPORE: More funds and a new award for energy efficiency kicked off the first National Energy Efficiency Conference (NEEC) held in Singapore.
Minister for the Environment and Water Resources Vivian Balakrishnan announced that S$22.8 million will go, for the next two years, to the Grant for Energy Efficient Technologies (GREET) scheme, which helps companies defray the cost of purchasing such technologies.
Pharmaceutical company GlaxoSmithKline has implemented almost 300 energy efficiency projects at its Jurong facility since 2002, achieving some S$12.5 million in energy savings as of end-2010.
It is one of six companies receiving the inaugural Energy Efficiency National Partnership (EENP) Awards, and it said it has its onsite energy monitoring system to thank.
Glaxo Wellcome Manufacturing engineering manager Yeo Yee Pang said: “Using this tool, this system to collect energy use on site, we can understand where are all the high energy use (and in) which area.
“… We can also identify the energy waste and from there, we can trigger a lot of projects and initiatives and from there, we are able to save the energy”.
The EENP programme is a key recommendation of the Singapore Sustainable Development Blueprint, launched on April 29, 2010 to promote a culture of sustained energy efficiency improvements in industries.
There are three categories of the award: Excellence in Energy Management, Best Practices and Outstanding Energy Managers of the Year.
GSK is one of two companies to receive the EENP Award for Excellence in Energy Management.
And for Singapore to do just that, Dr Balakrishnan said it was important to have an eco-system where businesses and government agencies ensure energy efficiency objectives are achieved.
“Basically what you need is a system in which you can scan the horizon for new technologies, that we ensure that Singapore remains a testbed for the early adoption for new technologies that can improve energy efficiency,” Dr Balakrishnan said.
With 96 partners so far, the National Environment Agency (NEA) said it hopes more will join the EENP network in promoting a sustainable Singapore.
The awards and conference are organised by the NEA, the Energy Market Authority and the Economic Development Board.
The GREET scheme was launched in 2008 with S$22 million to spur companies to invest in energy efficient equipment and technology.
The original S$22 million from 2008 is likely to be fully used by this year, one year ahead of schedule.
The projects approved and being processed are expected to result in a lifetime energy savings of more than S$160 million and an annual carbon dioxide abatement of more than 40 kilitonnes.
The grant cap has also been increased from S$2 million to S$4 million per project, and companies must now be EENP partners who have implemented energy management systems to qualify.
Another EENP Award for Excellence in Energy Management winner, Pfizer Asia Pacific, has linked employee performances to energy efficiency improvements.
For the public sector, the Ministry of Manpower (MOM) will receive the “Best Public Sector Agency in Energy Management” Commendation, which recognises outstanding public sector agencies for exemplary performance and commitment to energy management.
NEA CEO Andrew Tan said companies that already have an energy management system would be better placed to meet the requirements of the upcoming Energy Conservation Act (ECA) in 2013.
Image taken from E2 Singapore