Ladies and Gentlemen
morning. I am happy to open the National Energy Efficiency Conference (NEEC)
and present the Energy Efficiency National Partnership (EENP) Awards 2017. I am pleased to note that this is the 5th
run of the Conference, and the turnout has been growing. The number of EENP programme partners has also
reached a record 260, up from 90 when it first started. All these are positive signs that industry
awareness and participation in energy efficiency issues is growing.
2. Today, we
also recognise individuals and companies that have made great strides in their
energy efficiency (EE) journey. NEA has introduced
a new award for Outstanding Energy Services Provider of the Year. This award recognises the contributions of an
often overlooked group of enablers and solution providers, whose work has helped
many companies advance their EE initiatives tremendously.
Building an Energy
efforts to enhance EE are closely linked with our Paris Agreement pledge to
reduce our Emissions Intensity by 36% from 2005 levels by 2030, and stabilise
our greenhouse gas emissions with the aim of peaking around 2030. To achieve this, the industry sector has to
improve its EE by 1-2% annually. This is
only possible if we grow our economy in an energy- and carbon-efficient way. EE is also known as the “fifth fuel” – it takes
almost nothing to produce, but has huge potential benefits. The theme of this year’s conference -
Building an Energy Efficiency Eco-System - highlights the role that different
stakeholders can play to create an enabling environment for EE. I would like to make three observations on
how we can promote a robust EE eco-system.
4. First, we need to adopt an opportunity mindset. EE actions can be simple – such as switching
to more energy efficient air-conditioning and lighting. It can also involve complex projects such as re-designing
manufacturing processes and utilising the latest smart technologies. There are
many opportunities for companies both big and small, if we look for them. One of this year’s award winners, Ardentec
Singapore, is an SME that has adopted an opportunity mindset for EE. Between 2012 and 2016, Ardentec put in place
an energy management system, conducted an energy audit of its facilities and
implemented several initiatives, such as retrofitting its chilled water plant
and lighting systems. As a result, the
company was able to save 349 MWh in energy and $70,000 in annual costs. Ardentec has even set a commendable target of
3% year-on-year improvement for EE.
Support is Critical
5. Second, EE efforts require the support of top
management. A strong feedback that my
Ministry received at a recent focus group discussion was that top management
support for EE efforts could be further strengthened. I strongly encourage companies’ senior
management to value EE as a business opportunity, and support and empower all
levels of your organisations to continually seek EE improvements. An effective way to involve top executives in
EE programmes is to implement an energy management system. A study by the Danish Energy Agency showed that
companies could reduce their energy consumption from
10% to 15% during the initial years of implementing an energy management system.
Mutual Learning and
6. Third, we improve quickly when we learn from
each other. A laudable industry-led
initiative is the Food Manufacturing Energy Efficiency Committee (FMEEC). Following a benchmark study on EE by the NEA,
a group of food manufacturing companies set up the committee to promote and share
best practices. The committee held its first
meeting in February this year, and has committed to meet regularly in an effort
to grow the industry.
Initiatives and Financial Support
7. Five years
ago, we introduced the Energy Conservation Act, or ECA for short. The insights that we gained from implementing
the various EE initiatives under the ECA have allowed us to develop the next
phase of our EE improvement efforts. The
NEA will introduce enhancements progressively following recent amendments made
to the ECA earlier this year. Let me recap
the key enhancements.
8. Next year,
we will introduce the Minimum Energy Performance Standards (or MEPS) for common
industrial equipment and systems, starting with motors. MEPS will help to phase out inefficient motors
from the market. Given that energy
constitutes 95% of a motor’s life cycle cost, companies can look forward to
significant savings when they purchase premium efficiency motors.
9. We will
also be implementing a requirement for new facilities and major expansions that
are expected to consume more than 54 TJ of energy - to conduct energy
efficiency assessments of their designs in 2018. This will ensure that EE
opportunities are identified early, and companies can incorporate system-level
synergies at the initial stage of a project.
NEA has been consulting companies on this requirement and the finalised details
of the new requirements will be released later this year.
into account industry feedback, the NEA also launched the Energy Efficiency
Fund (E2F) in March to support companies, especially SMEs, in their EE
efforts. Under the fund, the government
will provide co-funding support for resource efficient design, energy audits, and
direct grants for SMEs to invest in EE equipment and technologies, such as energy
efficient motor retrofits.
NEEC 2017 & EENP
11. I would
like to encourage all participants to take advantage of your time at this
conference to share your experiences and learn from one another. You might be from different companies but you
share the common goal of improving the efficiency of your operations. Your manufacturing
processes, industrial systems, and management practices present invaluable
opportunities for mutual learning.
12. I warmly congratulate
all EENP award winners for your commitment and outstanding achievements. I hope
the awards will spur you to continuously innovate and push the boundaries for
13. I am happy
that this year, a total of 12 companies, 1 energy manager, 2 energy services
providers, 2 public sector agencies and 2 schools will be receiving awards. Best
of all, the combined energy savings of all the winning projects in the Best
Practices category is about 1,290 TJ.
This is equivalent to 74 kilotonnes of CO2 reduction,
or removing almost 23,000 cars from our roads. I am very encouraged that more companies and
institutions are stepping up efforts to make their operations and processes
more environmentally friendly – true to the spirit of the Sustainable Singapore
we can make a difference. Let us all do our part to make Singapore a more liveable
and sustainable home for generations to come.
15. Thank you,
and I wish everyone a fruitful two days here at the NEEC.