ASEAN and Energy Efficiency April 29, 2011Posted by benisuryadi in 01 - Daily Short, Activity, Energy Efficiency, Y2011.
Tags: ACE, Bangkok, ESCAP, Workshop
Energy efficiency (EE) is a technical term in the energy sector that means using less energy to provide the same level of energy service or using same energy to provide more. When everybody is heading to the high energy prices or in simply high oil prices, and yes in the correlation with the high rate demand growth, EE seems to be of the most cost-effective ways of enhancing energy security and addressing climate.
In ASEAN case itself, the region’s economic growth had a consequential increase in the Total Final Energy Consumption. The region’s final energy consumption increased at an annual rate of 3.8% from 241 MTOE in 1995 to 375 MTOE in 2007. The industrial sector had the fastest growth in consumption at an average annual rate of 6.1% resulting to its increased share from 23.1% in 1995 to 28.9% in 2007. The transport sector had the second fastest average annual growth rate at 3.5%. Its share to the total decreased from 27.7% in 1995 to 23.9% in 2007. The “Others” sector which include the residential, commercial, transport and non-energy sectors had the slowest growth rate of 2.2%. As a result, its share to the total consumption decreased from 49.2% in 1995 to 47.2% in 2007. (more…)