Friday, September 4, 2015
APEC Economies Strategize to Achieve 45% Reduction in Energy Intensity by 2035
The APEC Expert Group in Energy Efficiency & Conservation (EGEEC), in its 46th meeting held at Marco Polo, Cebu City last August 31- September 2, reaffirmed its commitment to intensify efforts to reduce the aggregate energy intensity by 45% based on the 2005 level by 2035.
Energy intensity is a comparative measure to determine the energy efficiency of each economy calculated as units of energy per unit of gross domestic product (GDP). Highly productive economies with manageable weather patterns, and use high energy efficiency appliances and equipment; apply energy efficient technologies in its buildings and industries; utilize efficient mass transport system and fuel efficient vehicles; and adopt energy conservation measures, among others, would likely have low energy intensities.
Cognizant of the number of factors and level of detail to make the aggregate energy intensity figure meaningful, the APEC EGEEC actively pursues its Energy Smart Communities Initiatives’ (ESCI) Knowledge Sharing Platform (KSP) as a tool to consolidate ideas and best practices, energy efficiency and low carbon projects to support its four main pillars – Smart Transport, Smart Buildings, Smart Grids, and Smart Jobs and Consumers.
APEC economies are then encouraged to support the development of this valuable resource (ESCI-KSP) to determine appropriate project proposals that will address the remaining challenges in achieving the APEC Leader’s energy intensity reduction goal.