Energy efficiency companies want their projects to be BOT eligible

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PHILSTAR

Energy Efficiency Entities have applied to the Public-Private Partnership (PPP) Center to include Energy Efficiency and Conservation (EE&C) investments on the list of qualified projects under Republic Act 6957 or of the Build-Operate-Transfer (BOT) Act, to facilitate industry’s access to private sector financing.

“It is clear that the (revised implementing rules and regulations) of the BOT Act should qualify energy efficiency and conservation projects. We therefore seek to explicitly include “energy efficiency and conservation” among the types of eligible projects listed,” Philippine Energy Efficiency Alliance Chairman Alexander D. Ablaza said in a comment submitted to the PPP. Wednesday.

Mr. Ablaza also noted that although section 2.2 of the TRI mentions climate change mitigation, there is a need to explicitly mention “energy efficiency and conservation” projects as climate change mitigation cannot be addressed. -not be the sole purpose or intent of such a project. »

“If energy efficiency projects become eligible for PPP transactions under the amended BOT Act, through an expanded TRI, government entities may be able to implement energy efficiency projects without allocating taxpayer funding or general appropriations,” he said in a Viber message.

The alliance has also sought to synchronize government energy management program guidelines with detailed IRR BOT guidelines for approving projects as EE&C projects that are smaller in size, simple in scope, possessing low to no negative impacts, which would allow these projects to access a streamlined and expedited project approval process with corresponding approval from the Department of Energy through its Utilization Management Office. energy, he said.

The PPP Center is currently seeking comments on proposed changes to the BOT Act TRI. — Marielle C. Lucenio

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