The Philippines is now ranked among the top five most energy efficient countries in Asia. Unfortunately, energy cost here is also one of the highest in the region.
The Asian Development Bank principal energy specialist Sohail Hasnie, said that the Philippines is one of the leaders in terms of energy efficiency among its Asian neighbors.
“In Southeast Asia, the Philippines is very, very ahead,” Hasnie told Malaya Business Insight.
DOE undersecretary Loreta Ayson said that the country’s energy efficiency initiatives are close to, and in some case even at par, with energy-efficient Asian countries like China, Japan, Singapore, and Korea.
“I think we’re a leading country as far as energy efficiency is concerned,” Ayson said.
Ayson, however, noted that there is still a lot of room to grow for the country, saying that “we can do more things to promote and implement energy efficiency.”
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